Facebook takes down 16,000 groups trading fake reviews after another poke by UK’s CMA
Facebook has removed 16,000 groups that were trading fake reviews on its platform after another intervention by the UK’s Competition and Markets Authority (CMA), the regulator said today. The CMA has been leaning on tech giants to prevent their platforms being used …
ShareChat valued at $2.1 billion in $502 million fundraise
ShareChat said on Thursday it has raised a new financing round that values it at over $2 billion, joining four other local startups in attaining the unicorn status this week. The Indian social network said it has raised $502 million in a …
Pinterest announces $500K Creator Fund, ‘Creator Code’ content policy, moderation tools and more
Pinterest today hosted an event focused on its creator community, where the company announced a series of updates including the launch of a $500,000 Creator Fund, a new content policy called the Creator Code, as well as new moderation tools, among other …
As competition heats up, TikTok announces six new interactive music effects for creators
TikTok today is doubling down on its roots as a music-backed creation app with the launch of a half dozen new music effects for creators. The effects, which offer interactivity, visualizations, animations and more, will roll out over the next few weeks, …
Lawmakers press Instagram for details on its plans for kids
A group of Democratic lawmakers wrote to Mark Zuckerberg this week to press the CEO on his plans to curate a version of Instagram for children. In a hearing last month, Zuckerberg confirmed reporting by BuzzFeed that the company was exploring an …
TikTok adds auto captions to make videos accessible to hard of hearing and deaf
TikTok this morning announced the launch of a new feature designed to make its app accessible to people who are hard of hearing or deaf. The company is today debuting auto captions — a feature that, when enabled, will automatically transcribe the …
Clubhouse launches payments so creators can make money
Clubhouse, a one-year-old social audio app reportedly valued at $1 billion, will now allow users to send money to their favorite creators — or speakers — on the platform. In a blog post, the startup announced the new monetization feature, Clubhouse Payments, …
Facebook launches profile frames that help you encourage friends to get the Covid-19 vaccine
As Covid-19 vaccines are becoming more readily available to larger groups of the U.S. population, Facebook has teamed up with the U.S. Department of Health and Human Services (HHS) and Centers for Disease Control and Prevention (CDC) to launch new Facebook profile …
Daily Crunch: Facebook makes it easier to view a non-algorithmic News Feed
Facebook has some thoughts and updates about its News Feed, Siri gets some new voices and Tonal becomes a unicorn. This is your Daily Crunch for March 31, 2021. The big story: Facebook makes it easier to view a non-algorithmic News Feed …
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