The $10 billion hit to Musk's fortune brings his total losses this year to $66 billion, according to the Bloomberg wealth index
The government on Friday tweaked IT rules to pave way for setting up of grievance appellate panels, which will settle issues that users may have against the way social media platforms initially addressed their complaints regarding content and other matters. These committees will be able to review content moderation decisions by social media companies like Meta and Twitter. The 'Grievance Appellate Committees' will be set up within three months, according to a gazette notification on Friday. Incidentally, the move comes at a time when the CEO of electric car maker Tesla Inc, Elon Musk, has completed his USD 44-billion takeover of Twitter, placing the world's richest man at the helm of one of most influential social media apps in the world. The IT rules changes have been in the works for months, though, ever since users red-flagged instances of digital platforms acting arbitrarily. The latest move will arm the users with a grievance appeal mechanism in the form of appellate committee
Each handle that is placed up for bid will have an additional hour for final bidding and will end in a week
Recently, the company had reported that its revenue grew 6 per cent year-over-year (YoY) to $1,128 million in the third quarter of 2022
50 per cent users said they were facing issues with logging in, while 33 per cent reported issues with server connection and another 17 percent have issues with app
Four-month programme provides selected community leaders of Facebook groups with training, mentorship and funding
The company disclosed the number during an otherwise-gloomy earnings report Wednesday, when a shaky ad market clouded Meta's forecast and sent its shares tumbling
Apple's policy change, disclosed this week, requires users and advertisers to make an in-app purchase when they pay to "boost" posts in apps like TikTok and Meta's Instagram
According to Downdetector website nearly 29,000 reports were flagged by users on the WhatsApp outage
Popular social media platform Snapchat has rolled out several new features, including "Custom Story Expiration", that will allow premium subscribers to control when their stories expire
Facebook has announced that it is rolling out more options for people to connect over shared interests, including Reels in Facebook Groups and updates to Group profiles
Nitro Basic will be available from October 20 for $2.99 per month in the US. Meanwhile, users living outside the US will be able to see the price once it's rolled out
WhatsApp is working on a number of updates and improvements to enhance user experience and security on the platform, including an option to edit sent messages
Council for microblogging site emphasises that Section 69A (power to intercept electronic communication) of IT Act does not spell out mass blocking of accounts
The new options enable age verification on Instagram through supported documents or recorded selfie video. In lieu of new options, the previous social vouching option has been deprecated
People will now be able to ask others to vouch for their age or use tech to confirm their age based on video selfie. Earlier, verification was possible only by uploading driving license or other ID
The broad categories covered by Twitter's sensitive content policy include explicit content, graphic violence, excessive gore, and hateful images
TikTok has also released Photo Mode, a new carousel format available on mobile for photo content that's ideal for sharing high-quality images on TikTok
Users can also rearrange layout of their media while composing a post, says social media company
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