Page 29 - Social Media

Mark Zuckerberg's net worth drops $2.7 bn after Facebook, Instagram outages

Mark Zuckerberg's net worth took a hit of 2.2 per cent to stand at $176 billion. However, the 39-year-old tech mogul remained the world's fourth richest person on the Bloomberg's list

Lawmakers seek to force ByteDance to divest TikTok or face ban in US

"Applications like TikTok that are controlled by foreign adversaries pose an unacceptable risk to U.S. national security," the lawmakers said in a fact sheet

Facebook, Instagram down for thousands of users across globe: Reports

The disruptions started around 10:00 am ET, with more than 300,000 reports of outages for Facebook and about 40,000 reports for Instagram, according to the website

Instagram introduces edit message feature, pin groups and chats, and more

The new messaging features are now rolling out to both Instagram for Android and iOS apps and will be available for everyone in the coming days

Banks led by Morgan Stanley discuss refinancing $12.5 bn debt with Musk

Fidelity, which received a stake in X after helping Musk complete his $44 billion purchase, has marked down the value of its position by 72% since the takeover

Pakistan to take up resolution seeking permanent ban on social media sites

Amidst serious concerns over the continued disruption of the social media platform X in Pakistan for over a fortnight now, a member of the Senate has demanded a permanent ban on all social media due to its negative impact on the younger generation. Senator Bahramand Khan Tangi, who was recently expelled by the Pakistan Peoples Party (PPP) after he moved a resolution seeking the delaying of the February 8 polls, in the resolution called for a complete ban on all social media platforms, deeming them detrimental to the future of the young generation, Dawn News reported. The resolution is listed on the agenda of the Senate session for Monday. Senator Tangi, who is set to retire on March 11, said: Social media platforms are adversely affecting the young generation in the country [and] being used for promotion of norms against our religion and culture, creating hatred among people on the grounds of language and religion." The resolution notes with concern the use of such platforms agains

Elon Musk's X could face European Union's crackdown on digital dominance

DMA, set to take effect on Thursday, lays out a series of dos and don'ts for likes of Alphabet Inc.'s Google Search, Apple's Safari, Amazon.com Inc. and Meta Platforms Inc.'s Facebook among others

OnlyFans paid $15 billion to its creators since launch in 2016: CEO Blair

OnlyFans is an online content creation platform with about 3.1 million creators. The website takes one-fifth of the payments generated on it and paid about $5.6 billion to its creators in 2022

Meta Platforms targeted in privacy complaints by 8 EU consumer groups

The consumer bodies said Meta is not complying with General Data Protection Regulation (GDPR) rules on fair processing, data minimisation and purpose limitation

Twitter, now known as 'X', launches audio, video features: How to use them

Earlier in February, 'X' owner Elon Musk had said that in the near future, he would discontinue his phone number and only use 'X' for texts and calls

Media firm Dailyhunt in advanced talks to acquire India's X alternative Koo

The deal could be finalised 'within weeks' and involves a share-swap agreement, a report released on Wednesday suggested

Explained: The social media-FPI trading fraud Sebi has cautioned about

Fraudulent trading platforms are offering resident Indians trading opportunities on par with foreign funds, which is not possible under the current rule

Zerodha co-founder suffered a 'mild stroke', says he's now recovering

Zerodha co-founder and CEO Nithin Kamath has said that he suffered a mild stroke about six weeks ago, announcing it on social media site X, mentioning that he felt "slightly broken"

Supreme Court battles with GOP-led states' efforts to regulate social media

The Supreme Court wrestled Monday with state laws that could affect how Facebook, TikTok, X, YouTube and other social media platforms regulate content posted by their users. The cases are among several this term in which the justices could set standards for free speech in the digital age. In nearly four hours of arguments, several justices questioned aspects of laws adopted by Republican-dominated legislatures and signed by Republican governors in Florida and Texas in 2021. But they seemed wary of a broad ruling, with Justice Amy Coney Barrett warning of land mines she and her colleagues need to avoid in resolving the two cases. While the details vary, both laws aimed to address conservative complaints that the social media companies were liberal-leaning and censored users based on their viewpoints, especially on the political right. Justices Samuel Alito and Clarence Thomas appeared most ready to embrace arguments made by lawyers for the states. Alito complained about the term ...

Meta's Zuckerberg seeks out of lawsuits blaming him for Instagram addiction

Plaintiffs contend that as the face of Meta, Zuckerberg has a responsibility to "speak fully and truthfully on the risks Meta's platforms pose to children's health"

Elon Musk's X says Indian government asked it to withhold some accounts

X said that the accounts have been withheld but it disagrees with it and maintains that 'freedom of expression should extend to these posts'

Musk almost violated US FTC privacy order before Twitter staff stopped him

The FTC's determination was contained in a letter FTC Chair Lina Khan sent to House Republicans Wednesday, though the agency's probe remains ongoing

Fake profiles of Virushka's baby flood Instagram soon after Kohli's post

Fake Instagram accounts with the name Akaay surged soon after Virat Kohli shared a post on Instagram. One of the users shared the post on Reddit and other users reacted

Farmers' protest: Govt temporarily blocks 177 social media accounts

The government has ordered temporary blocking of around 177 social media accounts and web links that are linked to the farmers' protest, according to sources. The orders were issued by the Ministry of Electronics and Information Technology on February 14 and 19 at the request of the Ministry of Home Affairs under section 69A of the IT Act. "The orders have been issued to temporarily block 177 social media accounts and web links to maintain law and order on request of the Ministry of Home Affairs," the source said. Links and accounts on Facebook, Instagram, Twitter, Snapchat and some other social media platforms have been ordered to be blocked. These accounts can be restored after the farmers' agitation is over, the source added.

Briefly suspended Yulia Navalnaya's social media account due to error: X

"Our platform's defence mechanism against manipulation and spam mistakenly flagged @yulia_navalnaya as violating our rules," X said in a statement