TECH CRUNCH - Twitter's board wants the $44B Elon Musk takeover completed, which is why it's asking its shareholders to approve the deal, according to a new regulatory filing. The board states in the document filed with the U.S. Securities and Exchange Commission that it "unanimously recommends that you vote the adoption of the merger agreement." The $44B deal is still hanging in balance over the issue of the number of bots on the platform.
Twitter Asks Shareholders to Approve the $44B Elon Musk Takeover
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Meta to Roll out New Monetization Tools on Instagram and Facebook
TECH CRUNCH - Meta CEO Mark Zuckerberg announced that the company is rolling out more ways for creators to make money on Facebook and Instagram, and is also expanding some of its current monetization tools to more creators. Zuckerberg announced that Meta is testing a designated place on Instagram where creators can get discovered and paid for content. Meta notes that the creator marketplace allows brands to share new partnership opportunities. Once a brand finds a creator that they want to partner with, they can send a project with the details to them, including information about deliverables and payment.
by Aisha Malik
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Security Flaw in Strava Exposed Identities of Israeli Soldiers at Military Bases
FORBES - Several years ago, Strava, a data-hungry, fitness-cum-social network app, published a heatmap showing every activity ever logged, over 3 trillion data points. The visualization appeared to give away the location of secret U.S. Army bases and spy outposts in locations like Afghanistan and Syria. The company published a blog post urging users to review their privacy settings and said it would review "features that were originally designed for athlete motivation and inspiration to ensure they cannot be compromised by people with bad intent."
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LinkedIn CEO Reveals the Generational Data Behind the Great Reshuffle
FORTUNE - LinkedIn CEO Ryan Roslansky revealed how the end of 2021 brought on a surge of professionals jumping ship to new employers following a period of great uncertainty which he refers to as the Great Reshuffle. The surge in job-hopping was mainly driven by Gen Z and millennials, who moved at a record pace in what represented an unprecedented shift in the advertising industry. While Roslansky’s findings specifically refer to the advertising industry, it serves as a warning to every sector that retaining Gen Z talent is not as straightforward as it once was with previous generations.
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Twitter to Expand Into Long-form Content With Upcoming Twitter Notes Feature
TECH CRUNCH - Twitter is preparing to launch a new feature that would support the direct publishing of long-form content on its platform. With Twitter Notes, as the upcoming feature is called, users will be able to create articles using rich formatting and uploaded media, which can then be tweeted and shared with followers upon publishing. The feature is being tested with select users ahead of an upcoming public launch.
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The Way We Like to Do Things at OPW.news - All Credit to Journalists
VSN - We believe it's not ok to re-write content from journalists. They deserve full credit. This is why we merely illuminate content, and do short culling executive summaries and then point you to their bio and content.
We link to the journalists profile, along with other articles on the company featured in the article, and we drive you, our executive readers, to the original article. It doesn't matter if you're finding the summary in your email, or social media, we're not trying to land you back at our website so you can view ads. We're sending you to the originating article so you can view their ads, or better, subscribe to their outlet. We illuminate the top news. The news you can use to make smarter and more informed decisions...and we make sure we give full credit and recognition to the amazing journalists that work so hard (on ever-tighter deadlines and budgets) to research and write the news.
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Telegram Tops 700M Users, Launches Premium Tier
TECH CRUNCH - Telegram has amassed ~700M MAU and is rolling out a premium tier with additional features as the instant messaging platform pushes to monetize a portion of its large user base. Telegram Premium enables users to send files as large as 4GB (up from 2GB) and supports faster downloads, for instance. Paying customers will also be able to follow up to 1K channels, up from 500 offered to free users, and create up to 20 chat folders with as many as 200 chats in each. Telegram Premium users will also be able to add up to 4 accounts in the app and pin up to 10 chats.
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Meta Loses Appeal in Russian Court Over 'Extremist Activity' Tag
REUTERS - A Moscow court rejected an appeal brought by Meta after it was found guilty of "extremist activity" in Russia in March, the TASS news agency reported. Russia initially banned Facebook for restricting access to Russian media while Instagram was then targeted after Meta said it would allow social media users in Ukraine to post messages urging violence against Russian President Vladimir Putin and troops Moscow sent there.
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Reddit Is Buying Machine Learning Platform Spell
TECH CRUNCH - Reddit announced that it would buy Spell, a platform for running machine learning experiments, for an undisclosed amount. Former Facebook engineer Serkan Piantino founded Spell in 2016 to provide a cloud computing solution to allow anyone to run resource-intensive ML experiments without the high-end hardware that would normally be necessary. The company defines its mission as the pursuit of "the best possible platform for anyone looking to develop powerful, reliable, and safe software using Machine Learning and AI," according to its website.
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TikTok Said That They Are an Entertainment Platform Not a Social Network
TECH TIMES - TikTok is very aware that Mark Zuckerberg, the CEO of Meta, is retooling both Facebook and Instagram apps to adapt the short video content. The company, on the other hand, says that they have no plans to mimic Facebook. A TikTok executive is trying to make it clear that the app is not a social network platform but rather an entertainment platform.
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Meta Sued Over Claims Patient Data Secretly Sent to Facebook
BLOOMBERG LAW - Meta was sued over claims that private medical data is being shared secretly with Facebook when patients access web portals for some healthcare providers. Facebook's Pixel tracking tool redirects patient communications and other supposedly "secure" information without authorization and in violation of federal and state laws, according to the lawsuit filed Friday in San Francisco federal court as a proposed class action on behalf of millions of patients.
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Instagram Tests a New Full-screen Feed, Changes to Photos and Navigation
TECH CRUNCH - Instagram will begin testing a new version of its full-screen feed, similar to TikTok's, which aims to improve upon the way photos appear in this new format. The company said it will also use this experiment to try out changes to the navigation bar at the bottom of the Instagram app, where it will soon add shortcuts for creating a post and accessing messages. Instagram also clarified that the new full-screen feed test rolling out will no longer show white space on the top and bottom of posts when viewing 9:16 videos.
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TIYA Amps up Real-Time Interactivity With Key New Features
GURU FOCUS - TIYA, LIZHI's global social networking platform, has unveiled a slew of new features to enrich users' real-time online interactions. Having been downloaded by ~20M users by the end of 2021, TIYA aims to meet users' social needs in diverse usage scenarios by continuously innovating easy-to-use online social networking tools and creating a real-time interactive social space. Among TIYA's new features, its modified group recommendation function uses LIZHI's in-house technology and AI to recommend suitable and relevant "groups" based on users' interests, further customizing and optimizing the user experience.
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ShareChat Raises $255M, Valued at $5B
LIVE MINT - Indian social media and social networking service, ShareChat, have raised $255M in funds from Google, Times Group, and Temasek. With this, the home-grown social media firm reached $5B in valuation with its multi-tranche funding round.
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Discord Gives Servers a Way to Intercept Spam and Harmful Content
TECH CRUNCH - Discord is introducing a native way for servers to preemptively detect and block harmful messages and spam. The tool, called AutoMod, will allow anyone who moderates one of Discord's server-based communities to create a custom list of words that the new bot can scan for and intercept. Discord also announced that it will expand premium memberships, a Patreon-like way for active community members to pay for perks and additional server access.
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