social media

Economist Justin Wolfers, on Tuesday, highlighted a core idea in commodities that captures the forces driving today's ETF flows: gold as a belief-driven asset and oil as a core pillar of the global economy. Gold: A Belief-Driven Asset In a social media X, Justin Wolfers said "Gold has no inherent...

Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin voiced concerns Tuesday over Elon Musk’s handling of free speech on his social media platform, X, amid what he alleged was a “coordinated hate” against the European Union. Buterin Accuses Musk Of Tweaking X Algorithms...

New York City has filed a lawsuit against a host of companies including Instagram owner Meta Platforms Inc (NASDAQ:META) and TikTok parent ByteDance, for allegedly contributing to a mental health crisis among children due to social media addiction. Social Media Giants...

The Federal Trade Commission (FTC) has initiated an investigation into the potential adverse effects of artificial intelligence (AI) chatbots on children and teenagers. The probe encompasses seven major companies, including OpenAI, Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), ...

Meta Platforms Inc. (NASDAQ:META) announced new restrictions for teen users, prohibiting those under 16 from live streaming on Instagram without parental permission, as the company expands its Teen Account protections across its platforms. What Happened: The social media giant revealed that teens...

Connexa Sports Technologies Inc. (NASDAQ:YYAI) shares are trading higher in premarket on Monday after details emerged about a partnership with TikTok. The sports equipment and technology provider launched a new initiative through its majority-owned subsidiary, Yuanyu Enterprise Management Limited (...

Meta Platforms Inc. (NASDAQ:META) is reportedly set to initiate its anticipated company-wide layoffs next week. This move comes as the company is also expediting the hiring of machine learning engineers. What Happened: Meta has notified employees about upcoming layoffs on Friday, according to an...

Thousands of advertisements on Meta Platforms Inc.'s (NASDAQ:META) Facebook and Instagram have been reportedly found promoting “fuel filters” that can be easily converted into gun silencers. What Happened: Despite Meta’s policies against such...

President-elect Donald Trump has sought a "political resolution" of the TikTok ban, urging the Supreme Court to postpone a law that threatens to block the social media app. What Happened: The Supreme Court is set to hear arguments on Jan. 10 as it looks to rule on a law that requires...

Billionaire entrepreneur Mark Cuban attempted to invest in popular video-sharing app TikTok in the early stages before it was ever called TikTok, but the company turned him away. What Happened: According to a CNBC report citing a recent interview with social media personality Jules Terpak, Cuban...

Chinese e-commerce platforms Temu and Shein are outperforming Western retailers, using social media and a wide range of affordable goods to lure consumers. What Happened: Temu and Shein have transformed the online shopping landscape with their innovative business models and...

Elon Musk has expressed gratitude as major brands, including IBM (NYSE:IBM), Walt Disney Co. (NYSE:DIS), Comcast (NASDAQ:CMCSA), and Warner Bros. Discovery (NASDAQ:WBD), resumed advertising on X, formerly Twitter. What Happened: On Friday, Musk took to X and expressed his appreciation to...

Several prominent French media organizations, including those owned by billionaire Bernard Arnault, have filed a lawsuit against Elon Musk’s social media platform X for allegedly using their content without compensation. What Happened: The media groups, which include Arnault’s Les Echos...

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg has been absolved of personal liability in 25 lawsuits accusing his company of causing social media addiction in children. What Happened: On Thursday, U.S. District Judge Yvonne Gonzalez Rogers dismissed claims that Zuckerberg was...