Messaging apps, including WhatsApp, are primarily free to use, which raises the question: how do these platforms make money? With nearly three billion users globally, the operational costs associated with running such a large-scale service are significant, yet users do not pay to access basic functionalities. WhatsApp, owned by Meta, monetizes through corporate customers rather…
According to the results of a study released on Tuesday, Facebook Inc, Google and Microsoft Corp are the three biggest lobbying spenders in Europe as they battle new laws aimed at curbing their influence on social media. Such lobbying efforts are a wake-up call for EU policymakers to further beef up the draft laws and…
In a statement Canada’s e-commerce giant Shopify Inc said, it has partnered with China’s TikTok to work on a feature that would let shoppers buy directly from the social media app. As a result, Shopify merchants who also have TikTok business accounts would be able to add a shopping tab to their profiles, said the company…
In a statement the U.S. Federal Trade Commission said, Facebook Inc made “misleading claims” to explain why it had disabled the accounts of researchers studying political ads on its social media platform. Earlier this week on Tuesday, Facebook cut off the personal accounts and access of the New York University researchers citing users’ privacy concerns.…
U.S. social media giant Twitter Inc has finally appointed a resident grievance officer for its unit in India days after designating a chief compliance officer to meet the country’s new IT rules. According to its website, Twitter has appointed Vinay Prakash as its new grievance officer along with his contact details; it has also listed…
In a significant development, former U.S. President Donald Trump has filed several lawsuits against Alphabet Inc’s Google, Twitter Inc, and Facebook Inc, alleging that the tech giant have unlawfully silenced conservative points of view. Trump has also filed lawsuits against the CEOs of these three social giants. Trump’s lawsuits, filed in the U.S. District Court…
In a significant development two tech trade groups have filed a lawsuit against Florida over a new legislation that fines social media companies that ban political candidates, saying it violates free speech rights. The lawsuit states that the bill signed into law by Florida Governor Ron DeSantis earlier this week on Monday, was unconstitutional. It…
On Wednesday, in a significant development Britain said, it plans on unveil a new law which will fine social media companies up to 10% of their global turnover of 18 million pounds ($25 million), if they fail to remove online abuses such as racist hate crimes; the law will also see senior managers face criminal…
In a significant development, Xiaomi Corp announced on Friday that it will unveil a new self-developed computer chip on March 29 on its official Weibo social media account.
In a significant development that spells fresh bout of legal trouble for social media companies, Russian authorities are suing have launched a complaint against five social media platforms for allegedly failing to delete posts urging children to take part in illegal protests. Russian authorities have filed cases against Facebook, Twitter, Google, Telegram and Tiktok for…
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