Twitter acquires news technology company Scroll
Currently, Scroll has gone into private beta mode for its integration into Twitter’s future subscription service
Social Media
Twitter allows users with 600 or more followers to host Spaces
04 May 21Plans are to introduce ticketing spaces in the future to enable speakers to monetise their live audio sessions
Twitter registers net income of $68m in Q1 2021
30 Apr 21The microblogging platform had a 28% YoY growth in its revenue for the reported three months that ended…
Facebook posts 94% increase in Q1 2021 net income at $9.49bn
29 Apr 21The company’s total revenue for the reported quarter surged by 48% year-over-year
TikTok hit with billion-pound lawsuit in UK over child privacy
21 Apr 21As per the legal claim, the video-sharing app collected private information to benefit unknown third parties
Facebook removes 16k groups for fake and misleading reviews, says CMA
12 Apr 21The UK CMA said that it had intervened for the second time to stop trading of such content…
Facebook’s request to dismiss lawsuits challenged by FTC and US states
08 Apr 21The social media firm has been accused of maintaining a monopoly by acquiring other social media rivals
India’s ShareChat raises $502m funding at over $2bn valuation
08 Apr 21The social media platform plans to utilise the proceeds to invest in technology initiatives and grow its user…
Facebook says data leak was caused by data scraping in 2019
07 Apr 21The social media company said that it had already fixed a vulnerability in a feature that was misused…
UK launches new regulator to promote online competition
07 Apr 21The new regulator’s task will be to make sure that tech giants will not exploit their market dominance…