Browsing: Social media

Twitter has agreed to sell mobile ad company MoPub to a company called AppLovin for $1.05-billion in cash.

The Facebook CEO addressed a recent series of negative stories about the company by saying that accusations about it prioritising profit over user safety are “just not true”.

Messaging app Telegram gained over 70 million new users during Monday’s Facebook outage, its founder Pavel Durov said on Tuesday.

Signal, the private messaging app endorsed by Edward Snowden, saw user sign-ups soar during the extended downtime of Facebook’s network of apps and services.

Facebook Inc blamed a “faulty configuration change” for a nearly six-hour outage on Monday.

Facebok, Instagram and WhatsApp went offline for users across the globe, the social media giant said on Monday, as it worked on restoring its services.

A Facebook whistle-blower hass accused the social media giant of repeatedly prioritising profit over clamping down on hate speech and misinformation.

Microsoft CEO Satya Nadella said the company’s bid to acquire the US assets of ByteDance’s TikTok was the “strangest thing” he’s ever worked on.

TikTok hit a billion monthly active users globally this past southern hemisphere winter, the company said, marking a 45% jump since July 2020.

For years, Facebook shares have been a must-own. But investors should be starting to worry.