Tag: social media platforms

Big Tech Braces for Wave of Antitrust Rulings in 2024 
Technology

Big Tech Braces for Wave of Antitrust Rulings in 2024 

U.S. antitrust cases against tech giants Google and Meta Platforms are expected to come to a head in 2024, likely producing long-awaited rulings that could shape the legacies of top Biden administration regulators.Silicon Valley and its critics have seen their patience tested on some of these cases. A U.S. antitrust case brought against Alphabet’s Google unit in 2020 went to trial in 2023 and now heads to closing arguments in May.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
We Aren’t Posting on Social Media as Much Anymore. Will We Ever?
Technology

We Aren’t Posting on Social Media as Much Anymore. Will We Ever?

Lots of people log in to social media every day. Fewer and fewer are actually posting.Isaiah Hug spends roughly two hours a day scrolling through Instagram, but his last post to his main feed was over a year ago. He occasionally posts stories, which vanish after 24 hours.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
We Aren’t Posting on Social Media as Much Anymore. Will We Ever?
World

We Aren’t Posting on Social Media as Much Anymore. Will We Ever?

Lots of people log in to social media every day. Fewer and fewer are actually posting.Isaiah Hug spends roughly two hours a day scrolling through Instagram, but his last post to his main feed was over a year ago. He occasionally posts stories, which vanish after 24 hours.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
TikTok Strikes Back in Indonesia
Money

TikTok Strikes Back in Indonesia

The Indonesian government executed its crackdown on “social shopping” in the name of protecting local small businesses. TikTok ended up taking over a local champion. The deal makes good sense for TikTok, in more ways than one. It gets a way back into its key e-commerce market in Southeast Asia. It also sends a shot across the bow of regulators in other countries that might be contemplating similar moves.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Facebook and Instagram Steer Predators to Children, New Mexico Attorney General Alleges in Lawsuit
Technology

Facebook and Instagram Steer Predators to Children, New Mexico Attorney General Alleges in Lawsuit

Updated Dec. 6, 2023 12:51 pm ETFacebook and Instagram recommend sexual content to underage users and promote minors’ accounts to apparent child predators, the state of New Mexico alleges in a lawsuit against parent company Meta Platforms and its CEO.The civil lawsuit, filed Tuesday in New Mexico state court, alleges that “Meta has allowed Facebook and Instagram to become a marketplace for predators in search of children upon whom to prey.” It also claims that Meta has failed to implement protections against usage by children below the age of 13 and has targeted the age-related vulnerabilities of children in the interest of increasing its advertising revenue. The suit says Chief Executive Mark Zuckerberg is personally responsible for product decisions that aggravated risks to children on ...
Vice Media CMO Steps Down to Lead Public Affairs and Marketing Firm
World

Vice Media CMO Steps Down to Lead Public Affairs and Marketing Firm

Updated Dec. 11, 2023 10:39 am ETVice Media Group Chief Marketing Officer Nadja Bellan-White will leave the company in mid-December to accept a role as chief executive of SS+K, a marketing and public affairs firm based in New York.Bellan-White will be the first person to hold the CEO title at SS+K, whose clients have included social-media company Meta Platforms, the Democratic National Committee and President Biden’s inaugural committee, according to the agency. She will report to co-founders and partners Lenny Stern and Rob Shepardson, with all senior managers reporting to Bellan-White.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
TikTok to Invest More Than $1.5 Billion in GoTo to Restart Indonesia E-Commerce Business
World

TikTok to Invest More Than $1.5 Billion in GoTo to Restart Indonesia E-Commerce Business

Updated Dec. 11, 2023 4:29 am ETBytedance’s TikTok will invest more than $1.5 billion in a deal with GoTo Group that will allow the Chinese video-sharing app to resume retail operations in Indonesia, one of its most successful e-commerce markets.The companies said Monday that TikTok Shop Indonesia and GoTo’s Tokopedia e-commerce platform will be combined under the existing Tokopedia entity, with TikTok taking a 75% controlling stake.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Elon Musk Says Alex Jones Can Return to X, Reversing His Stance Last Year
Technology

Elon Musk Says Alex Jones Can Return to X, Reversing His Stance Last Year

Elon Musk said conspiracy theorist Alex Jones would be reinstated on X, a sharp reversal from the billionaire’s previous position that comes as he openly battles advertisers over their concerns about toxic content on the platform.Musk late Saturday night Pacific time announced the reversal of the platform’s five-year-old ban on Jones after running a user poll on X about whether to reinstate him. Musk had said earlier Saturday that the reason for rescinding the ban, if the X voters approved, was to foster free speech. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Elon Musk Says Alex Jones Can Return to X, Reversing His Stance Last Year
World

Elon Musk Says Alex Jones Can Return to X, Reversing His Stance Last Year

Elon Musk said conspiracy theorist Alex Jones would be reinstated on X, a sharp reversal from the billionaire’s previous position that comes as he openly battles advertisers over their concerns about toxic content on the platform.Musk late Saturday night Pacific time announced the reversal of the platform’s five-year-old ban on Jones after running a user poll on X about whether to reinstate him. Musk had said earlier Saturday that the reason for rescinding the ban, if the X voters approved, was to foster free speech. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8