Although Facebook may have tamped down on hoax news in the US, bigger problems remain, driven by the viral nature of shocking content.
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Facebook CEO Mark Zuckerberg is betting the company’s future on video and disappearing posts called “stories”, not the company’s famous news feed. Investors are buying into the vision for now.
It wasn’t a dream or an exaggeration by cautious Facebook executives. The company’s financial results are weakening, just as executives warned they would a few months ago.
Tesla CEO Elon Musk has said the $20-million penalty he was given for announcing on Twitter that he had funding to take the electric vehicle maker private was “worth it”.
Twitter has topped estimates for earnings and revenue in the third quarter amid higher spending from advertisers, marking a much-needed boost for the social networking site.
Apple CEO Tim Cook on Wednesday touted the importance of privacy and legislation to protect it, as the iPhone maker seeks to distance itself from Silicon Valley competitors under scrutiny for recent user data breaches.
Facebook is losing another long-tenured founder from an acquired company: Brendan Iribe, who was the CEO of Oculus VR when Facebook bought it in 2014.
Two hip, young start-ups are set to become the latest challenge to Tencent just as China’s dominant social media company struggles with shrinking margins and slowing growth.
Snap “is quickly running out of money” and may need to raise capital by the middle of next year, according to a scathing new research report from MoffettNathanson.
The end of MTN’s free Twitter promotion may have led to a huge reduction in the volume of tweets by the users of that service, but it doesn’t seem to have had a significant effect on the volume of activity on the social network in South Africa.