PINKNEWS - Giggle, a social media app designed for "females," has come under fire for excluding trans women using its facial recognition AI. The app is marketed as a female-only space that allows women to find roommates, engage in freelance work, find friendship groups, and more.
Female Social Media App 'Giggle' Under Fire for Excluding Trans Women
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Snapchat Rolls out New Safety Feature for Teens
SIASAT - Snapchat introduces a new safety feature for teens that will limit the friend suggestions they see in the application. The company is making it more difficult for adult strangers to locate kids on its app by limiting friend recommendations in its 'Quick Add' feature.
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Meta Leaps Into the Supercomputer Game With Its AI Research SuperCluster
TECH CRUNCH - Meta is about to jump into supercomputer game with the "AI Research SuperCluster," or RSC. Once fully operational, it may well sit in the top ten fastest supercomputers in the world, which it will use for the massive number-crunching needed for language and computer vision modeling. RSC is currently 760 Nvidia DGX A100 systems with 6,080 GPUs.
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Dailyhunt Parent Raises ~$28M From CPPIB at a Valuation of $3.1B
LIVEMINT - VerSe, the parent of local language news aggregator Dailyhunt and short-video app Josh, has raised $28M in the last leg of its Series I funding round from the Canada Pension Plan Investment Board (CPPIB). VerSe allotted 50K Series I2 preference shares and 10 Series I equity shares to CPPIB at an issue price of ~₹41K apiece as part of the transaction.
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Facebook Declined VCs' Approach to Fund a Spinout of Workplace Valued at ~$1B
TECH CRUNCH - Facebook (before it was rebranded as Meta) was approached by enterprise investors offering the social network a proposition: spin off the organization, they said, and let us back in as a startup. A deal would have valued a newly independent Workplace as a "unicorn" (at least $1B). The conversations didn't progress, primarily because Facebook saw Workplace as a "strategic asset" for presenting a more diverse face to the market.
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MemeChat Launches NFT Marketplace for Memes
TECH STORY - MemeChat, a social networking app for making memes, has launched The Meme Club (TMC). This platform will allow meme creators, collectors, and other interested groups to buy and sell memes worldwide using NFTs.
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TikTok Begins Testing Support for Paid Subscriptions
TECH CRUNCH - TikTok is testing support for paid subscriptions. The feature is part of a limited test for the time being and is not broadly available.
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Instagram Now Allows Creators to 'Remix' Any Public Videos
TECH CRUNCH - Instagram will allow users to remix any video content on the app, not just short-form reels videos. The feature lets users record their reels' video alongside a video from another user as a means of interacting, reacting, collaborating, or highlighting other content on any video content.
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Facebook and Instagram May Help Users Create and Sell NFTs
ENGADGET - Meta is developing ways to create, display and sell NFTs on Facebook and Instagram. The company's Novi wallet technology would power much of the "supporting functionality." Instagram is reportedly testing a way to showcase NFTs, while Meta is also said to be discussing a marketplace that would help you buy or sell these digital collectibles.
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