Social

The banks that loaned Musk $13B to buy Twitter might be having regrets

X, the social network formerly known as Twitter, looks like a pretty bad investment right about now. As readers might recall, billionaire Elon Musk borrowed $13 billion from Morgan Stanley, Bank of America and five other major banks to help finance the $44 billion acquisition of Twitter, as it was then called. According to the

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Meta draws fresh questions from EU over its CrowdTangle shut-down

The Commission is seeking more information from Meta following its decision to deprecate its CrowdTangle transparency tool. The latest EU request for information (RFI) on Meta has been made under the bloc’s Digital Services Act (DSA) — an online governance framework which empowers enforcers to punish non-compliance with fines of up to 6% of global

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Biden tells creators they have something traditional media does not: ‘You’re trusted’

At the first ever White House Creator Economy Conference, the most popular man to drop by was not a TikTok superstar or a YouTube sensation. It was President Joe Biden, who emphasized social media creators’ role in shaping public opinion. “Until about three, four months ago, I didn’t pay very much attention, following you guys,”

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Threads may offer its own take on Fleets with a disappearing posts feature

Old tweets from stars, celebrities, politicians and other public figures often come back to haunt them, exposing their embarrassing, unevolved opinions from their youth, offensive comments, abusive messages, errors in judgment, and worse. While users on X (formerly Twitter) only have third-party options to wipe out their X history, a feature Meta is developing for

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Flipboard users can now follow anyone in the fediverse, including those on Threads

Instagram Threads users are gaining a new audience. On Tuesday, the social magazine app Flipboard took another step toward integrating with ActivityPub, the decentralized social networking protocol that powers services like Mastodon, PixelFed, PeerTube and others. Starting Tuesday, Flipboard users can follow any federated accounts, meaning those that participate in the social network of interconnected

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EU warns X over illegal content risks. Musk replies with Tropic Thunder insult meme

How is the European Union’s bid to get Elon Musk to follow its rules going? Judging by the memes, not well. You may recall the X owner previously told his own advertisers to “go f*** yourself,” so it’s perhaps little wonder he’s flirting with flipping the bird at Thierry Breton, the commissioner in charge of

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