A former Twitter trademark lawyer has launched a social network with a familiar name. Stephen Coates’ startup, Operation Bluebird, launched Twitter.now in early testing on Thursday. Coates, formerly Twitter’s head counsel for trademarks, domain names, and marketing, told Business Insider that the platform is experimenting with a twist on content moderation: Users, rather than the
SpaceX stock has stumbled out of the gate since its IPO in June, but one veteran fund manager thinks there’s more trouble ahead for Elon Musk’s rocket company. George Noble, formerly the manager of Fidelity Overseas Fund, was bearish on the stock as it headed for its IPO, and his tune hasn’t changed since the
Investors are hunting for social media startups that can spark new connections and nurture existing ones. “Social media companies started based on connection,” Shawn Carolan, a partner at Menlo Ventures, said of the previous wave of giants like Facebook and Instagram. Carolan said these companies “evolved into media companies” and abandoned that connection. That leaves
Meta must pay a total of $942 million to address harm caused to children on its platforms, a New Mexico judge ruled Thursday. A jury in March found Meta liable for failing to protect kids and approved a $375 million fine. New Mexico state Judge Bryan Biedscheid issued a ruling Thursday ordering the company to pay
There’s a new way to make and lose money. Trump Media has officially launched the Truth API, a business-to-business data feed that provides customers with faster access to posts from prominent Truth Social accounts. That includes President Donald Trump, whose constant stream of posts can cause shifts in financial markets. Institutional customers gained access to
If you can’t seem to get out of your Instagram scroll, it’s no accident. During Meta’s second-quarter earnings call on Wednesday, CEO Mark Zuckerberg said global time Spending on Instagram grew by double digits year-over-year this quarter, “largely driven by improvements to our Reels feed and recommendations.” “Our recommendations are also becoming more personalized, showing
