social media

Bumble Inc (NASDAQ:BMBL) shares are getting stung Thursday as investors flee on fears that financials will be negatively impacted in the short term as the company embarks on a journey to reignite user growth. Analysts largely agree the turnaround is going to take time. What To Know: JPMorgan...

Elon Musk has committed to investigating allegations that his social media platform, X (formerly Twitter) is curbing automated posts after the National Weather Service Twin Cities, Minnesota, complained about it. What Happened: Over the weekend, NWS Twin Cities, Minnesota, took to X and said that...

Apple Inc. (NASDAQ:AAPL) has intensified its efforts to compel Tencent Holdings Ltd. (OTC:TCEHY) and ByteDance Ltd. to modify their popular Chinese apps. The iPhone maker is pressuring the companies to close loopholes that allow in-app creators to bypass Apple’s 30% commission. What Happened...

Malaysia and Singapore are intensifying their regulation of social media and online marketplaces to tackle the rise in online scams and protect minors. What Happened: Malaysia will require platforms like Meta Platforms Inc. (NASDAQ:META) owned Facebook, Elon Musk‘s X, and ByteDance-owned...

Elon Musk’s social media platform X has been found in violation of the European Union’s online content law. The preliminary decision by the EU’s executive arm could result in a fine for the company. What Happened: The European Commission’s decision on Friday was the...

Elon Musk‘s X Corp., formerly known as Twitter, and the billionaire himself have successfully defended a lawsuit seeking $500 million in severance pay for thousands of employees laid off after the acquisition of social media company in 2022. What Happened: A lawsuit was filed against X Corp....

In a recent revelation, it has been disclosed that Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg went ahead with a social media post despite his PR team’s objections, causing a stir within the company. What Happened: In September 2021, Zuckerberg’s PR team was thrown into a...

Social media platform Reddit Inc. (NYSE:RDDT) witnessed a significant surge in its stock value after the company announced a policy update to block automated website scraping. What Happened: Reddit’s stock rose by almost 9% following the announcement of a new policy. The company, in a blog...

Despite Meta Platforms Inc (NASDAQ:META), formerly Facebook, promising to provide an age-appropriate experience for young users, it has been revealed that Instagram‘s algorithm continues to recommend sexually explicit content to accounts of teenagers. What Happened: The Wall Street Journal...

Last year, a mere 13% of influencers managed to earn over $100,000, highlighting the challenges of making a living in the digital content creation space. What Happened: During a segment on CNBC’s Last Call on Tuesday, Clint Brantley, a prominent Fortnite streamer on TikTok and other...

In a recent development, Surgeon General Dr. Vivek H. Murthy has called for the introduction of warning labels on social media platforms. He cites significant mental health risks for adolescents as the primary reason behind this proposal. What Happened: Dr. Murthy, in an op-ed published in the New...

Merely a day after shutting down rumors of a Tesla-branded smartphone, X owner Elon Musk is singing a different tune, saying it is "not out of the question." What Happened: Musk now thinks a smartphone running on a custom open-source operating system is possible, likely in partnership with a...

Editor’s Note: This story has been updated with comments from a Fizz spokesperson. The launch of a new gossip app, Fizz, at a Vermont high school has reportedly led to widespread bullying and controversy, reigniting concerns about the impact of social media on teen mental health. What...

In response to mounting criticism over inadequate safeguards for teenagers, Meta Platforms Inc.'s (NASDAQ:META) Instagram is extending its "Limits" feature to enhance user protection against online harassment. What Happened: Instagram’s "Limits" feature, initially created to help creators...

The Chinese-owned social media platform TikTok has become increasingly popular among U.S. citizens in recent years. After a recently signed U.S. law requiring parent company ByteDance Ltd. to divest U.S. operations or face a ban, speculation abounded regarding a potential American buyer. Could...