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Bluesky, the social media network and X competitor has been benefiting from a surge of departures from the Elon-Musk-owned app formerly known as Twitter, TechCrunch reported. Today, Bluesky has hit a major milestone: it’s topped 20 million users. What’s more, new data indicates the app’s rapid growth is seeing it close the gap with another prominent X rival, Instagram Threads,
The Department of Justice is making bold moves against Google, urging the tech giant to sell its Chrome browser to address illegal monopolization of the search market. This historic antitrust effort could reshape the digital landscape by enforcing AI restrictions and data licensing requirements and unbundling Android from Google’s other services. The DOJ’s proposals aim to create a fairer competitive
Roblox is adding more protections to its platform for its youngest users, a move that comes about a month after short-selling firm Hindenburg Research accused the videogame company of favoring growth over child safety, The Wall Street Journal reported.
Today, the Federal Trade Commission released National Do Not Call Registry Data Book for the Fiscal Year 2024, which shows that consumer reports about unwanted calls continue to drop for the third straight year, with complaint volume down by more than half since 2021. The FTC has pursued a multifaceted strategy to crack down on unwanted calls. In 2023, the
Social network Bluesky, in a post on Friday, says that it has “no intention” of taking user content to train generative AI tools. It made the statement the same day X’s new terms of service that spell out how it can analyze user text and other information to train its generative AI tools go into effect, The Verge reported.
The U.S. Attorney’s Office in Manhattan will devote fewer resources to policing cryptocurrency crimes after securing several major convictions, including that of FTX founder Sam Bankman-Fried, a senior prosecutor said on Friday, Reuters reported. Scott Hartman, co-chief of the securities and commodities task force at the Southern District of New York, gave his assessment one day after President-elect Trump’s former
The Onion, known for its satirical news, has acquired Alex Jones' Infowars in a bankruptcy auction. The site, notorious for spreading conspiracy theories, will be reimagined and relaunched in 2025, focusing on humor and advocacy. The acquisition aims to replace disinformation with socially conscious satire, supported by Sandy Hook families. The Onion has also secured a multi-year advertising deal with
The European Commission has fined Meta €797.72 million for breaching EU antitrust rules by tying its online classified ads service Facebook Marketplace to its personal social network Facebook and by imposing unfair trading conditions on other online classified ads service providers. The Commission’s investigation found that Meta is dominant in the market for personal social networks, which is at least
Facebook owner Meta Platforms must face trial in a U.S. Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media, a judge in Washington ruled on Wednesday, Reuters reported.
Meta Platforms plans to give European users of Instagram and Facebook the option of receiving what it says are “less personalized ads,” a concession to regulators that risks hitting the company’s revenue in one of its largest markets, The Wall Street Journal reported.
Bitcoin has surged to a record high of $85,000, adding nearly $20,000 in just a week following the U.S. elections. As cryptocurrencies gain momentum, major tech stocks like Apple, NVIDIA, and Amazon lag, with only Tesla showing growth thanks to its Bitcoin holdings. Gold also saw a decline, suggesting a potential shift from traditional assets to digital currency. Additionally, the
The estate of now-defunct crypto exchange FTX has filed a lawsuit against Binance and its former CEO Changpeng Zhao in a bid to recover $1.76 billion, The Verge reported. FTX alleges these funds were fraudulently transferred to Binance, Zhao, and other Binance executives in July 2021 as part of a shares repurchase with FTX co-founder Sam Bankman-Fried. According to the
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