Twitter takeover to go forward after all, suggests Elon Musk

Twitter takeover - Twitter Logo

As the social media platform’s court date against the Tesla CEO approaches, he’s changed tacks. Technology news reports are showing that billionaire Elon Musk has changed his mind about backing out on his Twitter takeover and now intends to go ahead with it. The social media company’s shares spiked by 12.7 percent on the news of Musk’s decision. When Musk made an offer to purchase the San Francisco-based company for $54.20 per share, share prices immediately took off by nearly 13 percent, reaching $47.95 before the trading was stopped. Elon…

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YouTube dislike button barely has any impact on recommendations

YouTube dislike button

The “not interested” feature also does not have much of an impact on the recommended videos. A recent Mozilla study has shown that feedback tools such as the YouTube dislike button and “not interested” feature do not have much – if any – impact on the video recommendations a user receives on their homepage. Mozilla recently published their findings that the feedback tools barely work at all. Though the feedback tools might provide creators with some added information about what their audiences like, in terms of the recommendation algorithm, the…

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Instagram slapped with $400 million fine for weak kids’ data privacy

Data privacy Investigation - Instagram Logo

The Meta-owned social media platform was hit with a record fine from Ireland’s regulator. Regulators in Ireland have agreed to hit Instagram with a record fine of $402 million (€405 million) following an investigation into the way the social media platform handled children’s data privacy. A spokesperson for the watchdog group said that the investigation started back in 2020. According to recent reports, Instagram has every intention of appealing against the data privacy fine, citing a Meta spokesperson in a statement issued by email. The watchdog launched the investigation into…

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More paid features slated for Meta apps

Meta apps - Facebook and Instagram logos

Facebook and Instagram are among the applications that are lining up for additional premium features. A newly established team focused on Meta apps are getting ready to identify and build “possible paid features”, including Facebook, Instagram and WhatsApp, according to an internal memo issued to the company’s employees last week that was cited in a The Verge report. The new division of the company is its first step into the development of paid social media features. The company’s social media platforms have billions of active users. That said, the Meta…

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