Twitter has replaced the social media platform’s famous bird logo with an X as part of owner Elon Musk’s plans to create an “everything app”. Recently-appointed chief executive Linda Yaccarino tweeted a picture of a white cross on a black background, saying “X is here! Let’s do this”. Mr Musk unveiled the new logo over […]
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Meta faces daily fine from Norwegian regulator over advertising practices
Meta will face a hefty fine over advertising practices that violate user privacy, Norway’s data protection authority has said, unless the Facebook and Instagram owner takes action to comply with the law. Norwegian regulator Datatilsynet says that behavioural advertising – a common marketing model that profiles users by collecting information such as their physical locations, […]
Elon Musk says Twitter is losing cash due to heavy debt and drop in advertising
Elon Musk has said Twitter is losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, the billionaire tweeted on Saturday: “We’re still negative cash flow, due to (about a) 50% drop in advertising revenue plus heavy debt load. “Need to reach positive cash flow before we have […]
Threads plans new features to make app ‘better and fast’ after user feedback
The boss of Instagram has said new features for app Threads are on his “list”, including the ability to revisit liked posts, and an alternative home page to view posts just from followed accounts. Adam Mosseri responded to users on the platform suggesting updates they would like to see on the nearly one-week-old app. He […]
Google to remove news links in Canada over online news law
Google has said it will remove links to Canadian news on its platforms across Canada after a new law that forces digital giants to compensate media outlets for content they share or otherwise repurpose comes into force. The tech giant said it will remove Canadian news links from Google News – a personalised aggregator service […]
Twitter threatens legal action over Meta’s rival app Threads
Twitter has threatened to sue Meta over its fast-growing rival Threads app, alleging that it stole trade secrets. The Instagram and Facebook owner, which launched Threads on Wednesday, appeared to deny that former Twitter employees worked on the creation of the app and used insider knowledge. Meta chief executive Mark Zuckerberg said more than 30 […]
Facebook faces legal setback in EU court decision on data privacy and ads
Facebook lost a legal challenge on Tuesday at the European Union’s top court over a groundbreaking German antitrust decision that limited the way the company uses data for advertising. The European Court of Justice said competition watchdogs can consider whether companies such as Facebook comply with the continent’s strict privacy rules, which are normally enforced […]
Twitter to stop TweetDeck access for unverified users
TweetDeck is to become the next part of Twitter to be limited to users who have paid for verified status. The application, which allows users to manage multiple feeds and searches, will only by accessible to verified users in 30 days, according to a tweet from Twitter Support on Monday evening. A new version of […]
Twitter worst among major social media platforms for LGBT+ safety – lobby group
All major social media platforms do poorly at protecting LGBT+ users from hate speech and harassment but Twitter is the worst, the advocacy group GLAAD has said. In its annual Social Media Safety Index, GLAAD gave Facebook, Instagram, TikTok, YouTube and Twitter low or failing scores, saying the platforms do not do enough to keep […]
Twitter may be worth a third of what Musk paid for it last year, figures show
Twitter may now be worth one third of what Elon Musk paid for the social media platform just seven months ago, figures show. Financial services company Fidelity has reduced the market value of its equity stake in Twitter for a third time, now putting it at 6.55 billion dollars (£5.28 billion). That is down from […]