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
Sitting shoulder to shoulder on plastic chairs, hundreds of defiant San Franciscans, a notable number of them gray-haired, crowded into a gallery at the Fort Mason Center last Thursday. The reason? To protect its famous and picturesque coastal neighborhood from the development of a large new residential tower. San Francisco Chronicle reporter Laura Waxmann captured
If your Instagram account is public, your photos, including your profile photo, can now be targeted by other people’s AI creations, unless you change a hidden setting in the app. Meta’s new Muse Image model, introduced Tuesday, allows users to generate AI images using public Instagram posts by tagging another person’s account in a message.
How do you celebrate a memestock trying to buy a company four times its size? You make memes, of course. On Sunday, GameStop’s CEO, Ryan Cohen, made an unsolicited offer to buy internet retailer eBay for about $56 billion. GameStop has a market cap of about $11 billion, compared with eBay’s $46 billion. “EBay should
