Category: Social
Facebook hits 2.5B users in Q4 but shares sink from slow profits
Facebook beat Wall Street estimates in Q4 but slowing profit growth beat up the share price. Facebook reached 2.5 billion monthly users, up 2%, from 2.45 billion in Q3 2019 when it grew 1.65%, and it now has 1.66 billion daily active users, up 2.4% from 1.62 billion last quarter…
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HeyMama, a premium social network for working moms, raises $2 million
As we spend more and more time on our phones, working busier and busier jobs, and leading more and more overwhelming lives, personal connection with others is harder and harder to come by. HeyMama wants to change that. The premium social network is aimed squarely at working mothers, looking to…
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Study of YouTube comments finds evidence of radicalization effect
Research presented at the ACM FAT 2020 conference in Barcelona today supports the notion that YouTube’s platform is playing a role in radicalizing users via exposure to far-right ideologies. The study, carried out by researchers at Switzerland’s Ecole polytechnique fédérale de Lausanne and the Federal University of Minas Gerais in…
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Toothless: Facebook proposes a weak Oversight Board
Facebook’s internal “Supreme Court” can’t set precedents, can’t make decisions about Facebook Dating or Marketplace, and can’t oversee WhatsApp, Oculus, or any messaging feature, according to the bylaws Facebook proposed today for its Oversight Board. It’s designed to provide an independent appeals process for content moderation rulings. But it will…
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Daily Crunch: Facebook expands privacy options
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. All users can now access Facebook’s tool for controlling which apps and sites can share data…
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Kidtech startup SuperAwesome raises $17M, with strategic investment from Microsoft’s M12 venture fund
Kidtech startup SuperAwesome has raised an additional $17 million in funding, which includes a new strategic investment from Microsoft’s venture fund, M12. Others participating in the round include existing investors, Mayfair Equity, Hoxton Ventures, and Ibis, along with other angels. To date, SuperAwesome has raised $37 million in outside investment.…
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