Twitter is dealing with a “heavy debt load” after losing about 50 percent of its advertising revenue, and that has resulted in the app having a “negative cash flow,” Elon Musk, the company’s owner, wrote on July 14. “We’re still negative cash flow, due to ~50 percent drop in advertising revenue plus heavy debt load. Need to…
Biden, Social Media Collude to Suppress Speech
Commentary Of all the ways in which we exercise our freedom in America, the exchange of information without the interference of government may be the most indispensable. One can imagine times when the federal government is entitled to keep news or views from the American people; perhaps knowledge of a major defeat of our forces…
‘Dangerous Rhetoric’: Hunter Biden Lawyers Tell Trump Cease and Desist Social Media Attacks
Hunter Biden’s lawyers have issued a cease and desist to Donald Trump’s legal team, demanding he not post about Mr. Biden anymore for fear of “physical and violent action” on the part of Mr. Trump’s followers against Mr. Biden or his family. “I am a little surprised to have to send this because it would…
Court Blocks Ruling That Barred Biden Admin From Demanding Social Media Censorship
A federal appeals court has handed the Biden administration a temporary victory by agreeing to put a temporary hold on an earlier district court’s ruling that prohibited a range of federal agencies and their staff from contacting social media companies with requests to censor constitutionally protected free speech. On Friday, a three-judge panel for the…
Twitter Seeks Termination of FTC Order Over Data Practices
Twitter asked a U.S. court on Thursday to terminate a consent order with the Federal Trade Commission that governed the social media company’s data privacy protections, arguing that the regulatory agency has made “unceasing demands.” In a filing with U.S. District Court in San Francisco, Twitter accused the FTC of bias and overreach, saying it…
Mark Zuckerberg’s Threads App Sees Exodus of Users
Meta CEO Mark Zuckerberg’s Instagram Threads, which some say could rival Elon Musk’s Twitter, has seen a drop-off in users and engagements in recent days after a relatively strong showing in early July, according to analytics companies. “The Threads launch really did ‘break the internet,’ or at least the Sensor Tower models,” Anthony Bartolacci, the…
Twitter to Offer Ad Revenue Share to Select Content Creators
Twitter said on Thursday that select content creators on the social media platform will be eligible to get a part of the advertising revenue the company earns. The content creators will get a share of revenue from ads displayed in their replies, Twitter said, adding that to be eligible the creators should be verified users…
Meta Vows to Deal With ‘Hate Speech’ in Upcoming Vote on Changing Australia’s Constitution
July 14, 2023
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Mark Zuckerberg’s Meta (formerly Facebook) will provide a “one-off funding boost” to third-party fact-checkers in the lead-up to a national referendum on whether to change the Australian Constitution. The tech giant will work with RMIT CrossCheck to monitor “misinformation trends” leading up to the contentious Indigenous Voice to Parliament proposal, and will share guidance on…
Google Being Sued Over New AI Data-Scraping Privacy Policy
July 13, 2023
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One week after Google updated its user privacy policy to allow data scraping from millions of users for artificial intelligence (AI) training purposes, the tech giant is now facing a class-action lawsuit. Google, its parent company Alphabet, and Google’s AI subsidiary DeepMind, were accused in a July 11 filing in a federal court in San…
Young Californians Are Dying in Fentanyl Crisis Fueled by Social Media
July 12, 2023
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When Amy Neville, of Aliso Viejo, California, lost her 14-year-old son Alex to an illicit pill that contained a fatal amount of fentanyl in 2020, the dealer was just one town over continuing to sell using the popular smartphone app Snapchat. “We think Alex bought from him over the weekend before taking the pill,” Ms….
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