Late Thursday the European Union secured agreement on the detail of a major competition reform that will see the most powerful, intermediating tech platforms subject to a set of up-front […]
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Back to news homeUK class action lodged against Meta seeks $3.1B for breach of competition law
A competition legal expert, backed by a powerful litigation fund, is set to mount a multibillion-dollar class action suit against Facebook/Meta for breach of competition law on the basis that […]
Social media and dating apps have a serious identity problem
Rick Song Contributor Rick Song is co-founder and CEO of Persona. More posts by this contributor The next era of moderation will be verified It’s time for social media and […]
European Parliament’s IMCO backs limits on tech giants’ ability to run tracking ads
In what looks like bad news for adtech giants like Facebook and Google, MEPs in the European Parliament have voted for tougher restrictions on how Internet users’ data can be […]
In-game creation platform Overwolf raises $75M Series D led by Andreessen Horowitz
Overwolf, a platform that enables creators to build, share, and monetize items inside games, has raised a $75 million Series D funding round, led by Andreessen Horowitz (a16z). Previous investors […]
Former head of Facebook app Fidji Simo defends company following whistleblower testimony
The former head of the Facebook app, who reported directly to CEO Mark Zuckerberg, Fidji Simo, defended the social network at the start of an interview at the WSJ Tech […]
Blue Fever, an anonymous social network, acquires Gen Z-founded Trill
With Senate hearings and leaked documents galore, teen mental health on social media is a hot topic right now. But Gen Z founders Georgia Messinger and Ari Sokolov have been […]
Ben Rubin explains why the Web3 era of social media will help everybody get paid
After a decade of a handful of dominant social media companies trading what are essentially publishing tools in exchange for serving us all an endless deluge of ads, the winds […]
Glassdoor acquires Fishbowl, a semi-anonymous social network and job board, to square up to LinkedIn
While LinkedIn doubles down on creators to bring a more human, less manicured element to its networking platform for professionals, a company that has built a reputation for publishing primarily […]
Spotify’s Clubhouse clone adds six new weekly shows, some that tie to Spotify playlists
This summer, Spotify launched its live audio app and Clubhouse rival, Spotify Greenroom, with the promises of more programming to come in the months ahead to augment its then primarily […]