twitter/x

X sees a jump in consumer spending on mobile, despite decline in daily active users

Social network X has grown its in-app revenue over the past year, despite a decline in active users, new data shows. Global consumer spending in the X mobile app across both iOS and Android has climbed by 76.3% year-over-year, when comparing two similar periods in January, according to data from app intelligence firm Appfigures. However,

X sees a jump in consumer spending on mobile, despite decline in daily active users Read More »

SEC sues Elon Musk for allegedly failing to disclose Twitter acquisition on time

The Securities and Exchange Commission filed a lawsuit against Elon Musk on Tuesday over an alleged securities violation relating to his acquisition of Twitter, now called X. The SEC claims Musk failed to disclose his 5% ownership stake of Twitter in a timely manner, violating federal securities law, according to a complaint filed in federal

SEC sues Elon Musk for allegedly failing to disclose Twitter acquisition on time Read More »

Texas AG opens investigation into advertising group that Elon Musk sued for ‘boycotting’ X

Texas Attorney General Ken Paxton announced on Thursday he is opening an investigation into the World Federation of Advertisers (WFA) to determine whether the trade group’s members conspired to boycott “certain social media platforms.” While the press release doesn’t name social media platforms by name, one of them is likely Elon Musk’s X, which filed

Texas AG opens investigation into advertising group that Elon Musk sued for ‘boycotting’ X Read More »

Instagram blames moderation issues on human reviewers, not AI

Instagram head Adam Mosseri on Friday addressed the moderation issues that saw Instagram and Threads users losing access to their accounts, having posts disappear, and more, saying that the company “found mistakes” that it’s attributing to human moderators, not AI systems, as many believed. In a post on Threads, Mosseri addressed the issue that has

Instagram blames moderation issues on human reviewers, not AI Read More »

Bluesky joins Threads to court users frustrated by Meta’s moderation issues

Social networking startup Bluesky is seizing the moment. Amid ongoing moderation issues affecting X rival Instagram Threads, the decentralized X competitor Bluesky has created an account on Meta’s newest platform. In doing so, the startup aims to capitalize on the discussions now taking place on Threads, where a number of users are threatening to leave

Bluesky joins Threads to court users frustrated by Meta’s moderation issues Read More »

Meta’s Threads app references a communities feature, similar to Elon Musk’s X

Meta’s take on a Twitter/X rival, Instagram Threads, may be inching further into its competitor’s territory with the development of a communities feature that would presumably allow users to better organize their discussions on the platform by topics. At least that’s what references in the app’s code seem to imply. The code mentions a new

Meta’s Threads app references a communities feature, similar to Elon Musk’s X Read More »