More than 10 million people have signed up for X in December, CEO says
More than 10 million people have signed up for X in December, X CEO Linda Yaccarino said in a post on the social media platform...
Social Media
Twitch to shut down in South Korea due to high costs
Amazon’s (AMZN.O) streaming unit Twitch on Tuesday said it will shut down operations in South Korea in February next year, due to high operating costs...
Meta Platforms’ ad-free service targeted in EU consumer complaint
Meta Platforms’ (META.O) advertising-free subscription service, a fee-based offering rolled out in Europe this month, breaches EU consumer laws, Europe’s largest consumer group said on...
Elon Musk curses out advertisers who left X over antisemitic content
Billionaire Elon Musk told advertisers that have fled his social media platform X over antisemitic content to “Go fuck yourself” in a fiery Wednesday interview....
Bumble forecasts weak fourth-quarter revenue, shares fall
Bumble (BMBL.O) forecast fourth-quarter revenue below Wall Street estimates on Tuesday in a sign that sticky inflation and growing competition were weighing on user spending...
Musk to integrate xAI with social media platform X
Elon Musk’s artificial intelligence startup xAI will be integrated into his social media platform X and also be available as a standalone app, he said...
LinkedIn hits 1 billion members, adds AI features for job seekers
LinkedIn, the business-focused social network owned by Microsoft (MSFT.O), announced that it now has more than 1 billion members and is adding more artificial intelligence...
Meta introduces ad-free plans for Instagram, Facebook in Europe
Meta Platforms (META.O) said on Monday it will offer users in Europe a subscription plan to use Facebook and Instagram without advertisements to comply with...
Strong showing by Alphabet, Meta signal ad market rebound underway
A rebound in the advertising businesses of Google, Meta (META.O) and Snap (SNAP.N) signalled that the growing adoption of artificial intelligence was drawing marketers to...
WhatsApp clampdown highlights video call compliance threat for finance firms
With text messages and emails under tightened surveillance, financial firms may now have to screen staff video calls for possible rule-breaking, amid concern regulators are...
