Big Tech hearing: Facebook, Google and Twitter face Congress grilling March 25, 2021 The chief executives of Facebook, Google and Twitter will be hauled in front of Congress again this afternoon to face questions about misinformation and extremism on their platforms. Mark Zuckerberg, Sundar Pichai and Jack Dorsey will appear before a virtual joint hearing of two subcommittees of the House Energy and Commerce Committee. It follows a [...]
Jack Dorsey’s first-ever tweet sells for $2.9m as a non-fungible token March 22, 2021 Twitter boss Jack Dorsey sold his first tweet as an NFT for just over $2.9m earlier today. The tweet is in the form of a non-fungible token (NFT) – a kind of unique digital asset that has exploded in popularity so far in 2021. Each NFT has its own blockchain-based digital signature, which serves as [...]
Twitter mulling subscription services and tipping features February 25, 2021 Twitter mulls over introducing new subscription features to provide monetary incentives to influencers
Twitter shares take flight as it unveils plan to double revenue by 2023 February 25, 2021 Shares in Twitter pushed eight per cent higher this afternoon after the social media platform said it plans to double its annual revenue to at least $7.5bn (£5.3bn) over the next three years. Announcing a string of long-term goals ahead of its analyst day today, the company also said it aims to reach 315m monetisable [...]
Expecting football to make Twitter and Facebook stop social media abuse is like asking your six-year-old to tackle Cristiano Ronaldo February 23, 2021 The English football community has finally had enough of the rampant racial abuse and bullying its players suffer on social media. Police are investigating and thePremeir League and other bodies have made an unprecedented direct plea to Mark Zuckerberg and Jack Dorsey. Of course, these issues on social media don’t just impact football players or [...]
White House approaches Facebook and Twitter to tackle anti-vaxxers February 19, 2021 The White House is in discussions with Facebook, Twitter and Google about ramping up censorship of anti-vaxxer content, as the US seeks to push down the highest coronavirus rates of any country in the world. New US President Joe Biden has reached out to the companies to stop the spread of Covid misinformation proliferating online, [...]
‘Beanz on bix for breakfast’ boosts brand scores for Weetabix and Heinz February 17, 2021 Last week, an "unholy union" of Weetabix and Heinz - featuring "beanz on bix for breakfast" - prompted popular outcry on social media.
Twitter, Uber and Disney: What to expect in the latest round of tech earnings February 9, 2021 Twitter, Uber and Disney will all be under the spotlight as they report fourth-quarter earnings this week. Facebook, Apple, Amazon, Netflix and Google (known as the FAANGs) all closed the year with bumper results as the tech titans continued to cash in on the pandemic. But it will be a more complicated picture for Twitter, [...]
The Week Ahead: Look out for GDP data, Ocado, AstraZ, Twitter and Ted Baker February 8, 2021 Start your week informed: here are the announcements and results to look out for this week. UK GDP: A double dip recession is looming After a fairly decent third quarter, and an expansion of 16 per cent, the UK economy has had a much more troubled fourth quarter, with the likelihood that we may well [...]
Birdwatch: New Twitter feature allows users to flag misinformation January 26, 2021 Twitter will allow users to flag posts that are misleading or inaccurate in its latest effort to purge misinformation from its platform. The new feature, dubbed Birdwatch, allows people to write notes providing context and rebuttals on posts they believe are misleading. The pilot programme is being tested in the US, with notes initially only [...]