The social network X has been largely inaccessible in Brazil since Saturday, after the country’s Supreme Court ordered all mobile and internet service providers to block the platform. The court order followed a months-long dispute between Judge Alexandre de Moraes and X CEO Elon Musk over the company’s misinformation, hate speech, and moderation policies. With … Read more
Scott Olson | Getty Images The New Mexico attorney general filed a lawsuit against Snap, alleging that its social media app Snapchat’s design and algorithmic recommendations “openly foster and promote illicit sexual material involving children and facilitate sextortion and the trafficking of children, drugs, and guns.” “Snap has misled users into believing that photos and … Read more
Tech stocks are looking to stabilize following Tuesday’s brutal session and Wednesday’s modest hangover. With many names well off their highs and the market finally shaking its string of ten straight overbought sessions, we are looking for places to put some of our robust 10% cash position to work. Following Tuesday’s sell-off, we wrote about … Read more
Anna Barclay | Getty Images Trump Media shares on Wednesday closed below where they stood at the end of 2023, as the Truth Social maker’s stock continued to slide ahead of the date when majority-owner Donald Trump can begin selling his stake. The DJT slump, which followed a brief surge in mid-July spurred by the … Read more
The Bluesky logo displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Brazil’s recent ban of Elon Musk’s social media platform X has boosted the profile of its smaller rival, Bluesky, as people search for alternatives to voice their opinions. Bluesky said in a post that it had attracted two million new … Read more
Social media platforms are prioritising profits over keeping our children safe from predators, according to a former police officer turned child safety advocate. “It’s not if, it’s just when” predators will contact children on these platforms, Raven CEO and co-founder John Pizzuro told Scrolling 2 Death podcast host Nikki Reisberg. Raven is a non-profit lobbying … Read more
Jakub Porzycki | Nurphoto | Getty Images The share price of Trump Media, whose majority shareholder is former President Donald Trump, fell Tuesday to the lowest level seen since the Truth Social parent company began public trading in March following a merger. DJT shares dropped to $17.89 per share around midday Tuesday, The stock’s prior low was set on Aug. 28, … Read more
Jaap Arriens | Nurphoto | Getty Images Brazil’s telecommunications regulator threatened sanctions against Elon Musk’s satellite internet firm Starlink, as a public confrontation with the billionaire escalates over the country’s decision to block his social media company X. Last week, Brazil’s supreme court ordered a nationwide suspension of X for not appointing a legal representative … Read more
Telegram logo displayed on a broken phone screen. Illustration photo taken in Krakow, Poland on August 27, 2024. Nurphoto | Nurphoto | Getty Images Following the recent arrest of its founder in France, Telegram is now facing potential legal troubles in South Korea. The country’s chief police investigator has announced a preliminary investigation into the … Read more
Jaap Arriens | Nurphoto | Getty Images A panel of Brazil’s federal supreme court justices voted unanimously to uphold orders suspending the use of Elon Musk’s social network X nationwide. One justice, Luiz Fux, voted to uphold but expressed “reservations” about a measure of the order that allows the court to fine individuals or businesses … Read more
