Meta believed that Web3 would positively enhance the economic model for creators by “giving them the ability to create new types of digital assets to monetize”.
TikTok generated more than $350 million from IAPs in the fourth quarter.
The new social app has a similar user interface to that of Twitter.
The US Congress is readying a votable bill to pave the way for a broader ban on TikTok to reduce Chinese control of US data.
Meta Platforms has created a new AI team dedicated to enhancing the experience of its social media services.
This layoff round affected staff working on product management, and data science, and engineers who worked on machine learning and site reliability being sent off.
With AUDIO, the token of the Audius platform, listeners could send tips to any artist who publishes their music on the platform, whether they have a massive following or not.
Alex Spiro argues that the Elon Musk – SEC deal is moot following the Tesla CEO’s securities fraud trial victory.
According to BofA analyst Justin Post, the paid subscribers could help Meta generate as much as $1.7 billion in high-margin revenue in 2024.
Those who subscribe to the service will get support for common issues related to the subscription.
Since Musk took over, reports have it that revenue has dropped immensely as a result of advertisers shunning the platform.
The feature was first introduced in September 2022. First, it will be available in the US, with the release in the coming weeks, and only for YPP participants. In 2023, the geography will expand.
Last month, the President of Global Affairs at Meta, Nick Clegg, revealed in a blog post that the company would lift the ban on the former president’s accounts.
The goal of extending the character limit is to allow Twitter Blue subscribers to publish long-form content instead of choosing to use another website.
Outspoken billionaire Elon Musk claims to have saved Twitter from bankruptcy and looks to transform the company’s fortunes.