Sources: Meta offered $450M in late March to settle the FTC's antitrust case and raised its offer to ~$1B as the trial neared; the FTC had demanded $30B
The FTC wanted $30 billion to drop its case. Zuckerberg offered much less and hoped Trump would back him up.
FTC v. Meta: in an email, Mark Zuckerberg considered spinning off Instagram in 2018 as he increasingly became concerned that its success was hurting Facebook
meaning show people more ads — as a way to make more money and take some pressure off Facebook — Perhaps not surprisingly, IG's founders left the company a few months after all o...
TikTok says it will go dark in the US on Sunday unless the Biden admin provides a “definitive statement” to critical service providers assuring non-enforcement
TikTok said its services will go dark on Sunday without a guarantee from the Biden administration that it won't punish Apple …
Zuckerberg says there's a “bogus narrative saying I blamed Sheryl for a bunch of stuff” and he was just addressing the origin of “bring your whole self to work”
Well, specifically, they want me to know. — On Thursday, The New York Times published a lengthy story …
On Joe Rogan's podcast, Mark Zuckerberg said Biden administration officials would “scream” and “curse” at Meta employees to take down vaccine content, and more
Meta CEO Mark Zuckerberg told Joe Rogan in a podcast published on Friday that his company was pressured …
RTFKT, the digital wearables NFT startup Nike acquired in 2021, is shutting down by the end of January 2025; DefiLlama: RTFKT brought in nearly $50M in earnings
an early Web3 fashion success story — is folding Jason Newey / NFT News Today : Nike-Owned RTFKT to Shut Down Operations by January 2025 Brayden Lindrea / Cointelegraph : Nike-owne...
Meta says Threads had 35M new signups since November 1 and is now going on three months of 1M+ million signups per day; Threads had 275M+ MAUs in Q3 2024
- Bluesky said last week it now has more than 20 million users. … - According to the new data, another 20 million new signups have been added in the past 11 days.
Meta says Threads had 35M new signups since November 1 and is now going on three months of 1M+ million signups per day; Threads had 275M+ MAUs in Q3 2024
- Bluesky said last week it now has more than 20 million users. … - According to the new data, another 20 million new signups have been added in the past 11 days.
Threads begins testing an option to set For You, Following, or a custom feed as the default, another improvement seemingly sparked by competition from Bluesky
For You, following, or a custom one — as your default. Also making this more visible in the app. Interested to see how and if people use this. Jason Kottke / @jkottke : FINALLY. ...
Threads begins testing an option to set For You, Following, or a custom feed as the default, another improvement seemingly sparked by competition from Bluesky
For You, following, or a custom one — as your default. Also making this more visible in the app. Interested to see how and if people use this. Jason Kottke / @jkottke : FINALLY. ...
Meta says Threads had 35M new signups since November 1 and is now going on three months of 1M+ million signups per day; Threads had 275M+ MAUs in Q3 2024
- Bluesky said last week it now has more than 20 million users. … - According to the new data, another 20 million new signups have been added in the past 11 days.
Threads begins testing an option to set For You, Following, or a custom feed as the default, another improvement seemingly sparked by competition from Bluesky
For You, following, or a custom one — as your default. Also making this more visible in the app. Interested to see how and if people use this. Jason Kottke / @jkottke : FINALLY. ...
Threads users criticize Meta after the company posted AI-generated images of the Aurora Borealis on its Threads account
Meta has a suggestion for folks like me who forgot to go outside and look at the Northern Lights on Thursday night: just use AI to fake it!
Meta not disclosing which select creators it pays to post on Threads undermines trust in everyone's motivations, as users assume others are “engagement farming”
It was a useful program, and the archival has merit, but publishers argued that the Archive overstepped, and the courts eventually agreed. Threads: @katienotopoulos , @cotyrosenbla...
Reddit's S-1 shows how dependent the site is on the unpaid labor of 60K active daily moderators and the whims of its users and subreddits like r/WallStreetBets
The company's IPO prospectus makes clear how dependent it is on unpaid labor and the whims of its community. Threads: @nixcraft and @daveleebbg . X: @eshear Threads: @nixcraft : Re...
Many redditors say they are not enthusiastic about Reddit's IPO and expect CEO Steve Huffman to run the site into the ground while trying to make it profitable
There's the mention of r/WallStreetBets. (Five mentions in total, actually.) There's the stockpile it's amassed of Bitcoin and Ethereum.
Sources detail what happened at OpenAI in the build-up to Sam Altman's firing; some board members believed that Altman was trying to pit them against each other
the OpenAI chief scientist who helped fire Sam Altman then backtracked—should jump ship for xAI or Tesla Rachel Metz / Bloomberg : OpenAI's Altman Ouster Was Result of Drawn-Out Te...
In a now-deleted November 28 post and on November 20, Elon Musk boosted the debunked Pizzagate conspiracy that led a man to fire an AR-15 in a DC eatery in 2016
in other words, implying that the debunking was BS because the journo was corrupt ergo Pizzagate is real. … Renato Mariotti / @renato.mariotti : Elon Musk has moved on from promoti...
Sources: Apple pauses all its advertising on X after Elon Musk's endorsement of an antisemitic X post and a report that Apple ads ran next to pro-Nazi content
companies are twitchy and once they see others getting out in front of something they race to be next in line and email a reporter they know with the headline https://www.bloomberg...
Sources: Apple pauses all its advertising on X after Elon Musk's endorsement of an antisemitic X post and a report that Apple ads ran next to pro-Nazi content
companies are twitchy and once they see others getting out in front of something they race to be next in line and email a reporter they know with the headline https://www.bloomberg...