Social Networking News

Rolling news and analysis coverage of the major social networking businesses around the globe and the sector as a whole.

Platform News: Twitter App

Elon Musk emerges victorious in the fight for Twitter

News broke late yesterday that the Twitter Board had accepted the offer from Elon Musk of $54.20 per share, a number that values the business at some $44 billion.

Platform News: Twitter stock market and financial performance

Twitter: let the battle for ownership commence

Elon Musk has seemingly been an advocate for what we call ‘logical libertarianism’ for quite some years now.

Platform Industry: Tesla's Elon Musk

Can Elon Musk bring tangible change to Twitter?

When news broke that the worlds richest man Elon Musk was buying a >9% stake in Twitter, the feedback was overwhelmingly positive.

Platform News: Facebook VR

Reggie Fils-Aimé is not a fan of Facebook’s metaverse

The future potential of the Metaverse, which could best be summarised as a new iteration of Second Life, is a subject that Facebook CEO Mark Zuckerberg, has identified as a definin...

Ukraine

More platform players reject Russian aggression, stop sales there

Game publishers such as Epic Games, Ubisoft, Take-Two and Activision-Blizzard are joining the boycott of Russia by pausing the sale of games in the country.

Platform News: Facebook and WhatsApp messaging service

WhatsApp to launch new group polling functionality

WhatsApp is reportedly working on new functionality that will allow its users to create polls in group chats.

Platform News: Introducing a group of US-based Influencers on TikTok

TikTok rolls out support for 10-minute videos, challenges YouTube

TikTok, the viral platform that became wildly popular because of its once ubiquitous short-video model, is now allowing a select number of creators to upload videos up to 10-minute...

Instagram

Instagram utilizes AI in captions to make videos more accessible

Meta Platforms-owned Instagram has introduced automatic captions to videos in an ongoing effort to make content on its platform more accessible.

Platform News: Epic Games, the maker of the Fortnite game

Epic Games continues acquisition spree by acquiring Bandcamp

Epic Games is continuing its habit of buying innovative creator-friendly companies. The US-based video game giant has announced plans to acquire the online music platform Bandcamp.

Facebook is Meta

Facebook owner Meta will block access to Russia’s RT, Sputnik in EU

Meta Platforms Inc, parent company of Facebook, will restrict access to Russian state media outlets RT and Sputnik on its platforms across the European Union, the company’s h...

Meta Platforms - Facebook

Meta says Ukraine’s military, politicians targeted in hacking campaign

Meta has said a hacking group used Facebook to target a handful of public figures in Ukraine, including prominent military officials, politicians and a journalist, amid Russia̵...

Platform News: Facebook usage

Facebook letting users in Ukraine lock their social profiles for security

Meta Platforms Inc, which owns Facebook, has set up a special operations centre to monitor the conflict in Ukraine, and it launched a feature so users in the country can lock their...

Meta Platforms - systems in the metaverse

Meta’s Zuckerberg unveils AI projects aimed at building metaverse future

Facebook-owner Meta is working on artificial intelligence research to generate worlds through speech, improve how people chat to voice assistants and translate between languages, C...

Platform News: Twitter App

Twitter says it mistakenly took down accounts posting on Russian military

Twitter has said it had mistakenly suspended around a dozen accounts that were posting about Russian military movements, and said the action was not due to a coordinated bot campai...

Facebook is Meta

US and Meta spar over the date of antitrust trial

US regulators and Meta Platforms Inc are at odds over when to start a high-profile antitrust trial, with the Federal Trade Commission proposing December 2023 and the Facebook paren...