Twitter has laid off at least 200 employees, or about 10% of its workforce, the New York Times reported late on Sunday.
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Meta Platforms is testing a monthly subscription service, called Meta Verified, which will let users verify their accounts using a government ID and get a blue badge.
Twitter said on Friday it will allow only paid subscribers to use text messages as a two-factor authentication method to secure their accounts.
Snapchat’s social media app is adding users at a faster clip, reaching more than 750 million per month.
Reddit is looking to go public later this year, likely in the second half, according to a report.
Twitter CEO Elon Musk said that towards the end of 2023 would be “good timing” to find someone else to run Twitter.
Meta Platforms may have got caught in a downward spiral over the past year, but Mark Zuckerberg seems to be putting it back onto a more fruitful direction, at least for now.
Meta Platforms reported better-than-expected sales during the holiday quarter, fuelled by strong demand for advertising.
A food blogger in China was fined R320 000 by authorities after she posted a video showing her illegally buying and eating a great white shark.
Meta Platforms will reinstate former US President Donald Trump’s Facebook and Instagram accounts in the coming weeks.