Digital influencers and the dollars that follow them

Sunny Dhillon Contributor Sunny Dhillon is a partner at Signia Venture Partners. More posts by this contributor Security tokens will be coming soon to an exchange near you Amazon’s next conquest will be apparel Animated characters are as old as human storytelling itself, dating back thousands of years to cave drawings that depict animals in […]

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Social media should have “duty of care” towards kids, UK MPs urge

Social media platforms are being urged to be far more transparent about how their services operate and to make “anonymised high-level data” available to researchers so the technology’s effects on users — and especially on children and teens — can be better understood. The calls have been made in a report by the UK parliament’s […]

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Most Facebook users still in the dark about its creepy ad practices, Pew finds

A study by the Pew Research Center suggests most Facebook users are still in the dark about how the company tracks and profiles them for ad-targeting purposes. Pew found three-quarters (74%) of Facebook users did not know the social networking behemoth maintains a list of their interests and traits to target them with ads, only […]

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TikTok is giving China a video chat alternative to WeChat

ByteDance, the world’s most-valued startup, just launched a new social media product under its Douyin brand in what many people see as a serious attempt to challenge WeChat. Tencent has long dominated China’s social networking space with WeChat and QQ. WeChat claims to have one billion monthly active users worldwide, most of whom are in China. […]

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Twitter stock down after analyst calls it ‘Harvey Weinstein of Social Media’

Twitter was down 11 percent today after a Citron Research report called the platform, the “Harvey Weinstein of social media” and set a low target price of $20. As of publishing today, the stock was down more than 11 percent at $29.29 a share. In their report Citron did not mince words, basing their conclusions on […]

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Europe dials up pressure on tech giants over election security

The European Union has announced a package of measures intended to step up efforts and pressure on tech giants to combat democracy-denting disinformation ahead of the EU parliament elections next May. The European Commission Action Plan, which was presented at a press briefing earlier today, has four areas of focus: 1) Improving detection of disinformation; 2) […]

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Is ethical tech a farce?

Shannon Farley Contributor Shannon Farley is co-founder and executive director at Fast Forward. More posts by this contributor Legal tech is opening the system to those who need legal representation the most Why edtech startups need to build for overlooked communities In the past year, we’ve seen tech platforms called out for stoking hate and […]

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Snap is being probed over its IPO because some investors are salty about losing money

Here’s something I didn’t expect to read today. The U.S. Justice Department and Securities and Exchange Commission has subpoenaed Snap for details on its IPO apparently in connection with a lawsuit from disgruntled shareholders who claim the company played down its rivalry with Instagram. Reuters first reported on the subpoenas which Snap has confirmed. Precise details […]

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Facebook must change and policymakers must act on data, warns UK watchdog

The UK’s data watchdog has warned that Facebook must overhaul its privacy-hostile business model or risk burning user trust for good. Comments she made today have also raised questions over the legality of so-called lookalike audiences to target political ads at users of its platform. Information commissioner Elizabeth Denham was giving evidence to the Digital, […]

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Bots Distorted the 2016 Election. Will the Midterms Be a Sequel?

Tiffany Olson Kleemann Contributor Tiffany Olson Kleemann is the chief executive officer of Distil Networks. She formerly served in executive roles at Symantec and FireEye and was deputy chief of staff for cybersecurity operations under President George W. Bush. The fact that Russian-linked bots penetrated social media to influence the 2016 U.S. presidential election has […]

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China’s frenzy over League of Legends championship sheds light on esports growth

When China’s Invictus Gaming defeated European squad Fnatic in the League of Legends 2018 finals this past Saturday, China’s social media platforms became awash in ecstasy and pride. “It’s like winning an Olympic gold, a teenage dream come true,” writes one thirty-something audience of the competition on his WeChat feed. Many others share that sentiment. […]

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