The smartest insight and analysis, from all perspectives, rounded up from around the web: Twitter’s constant crises have now put it “at imminent risk of losing its status as the watercooler of the internet,” said Dave Lee in Bloomberg. Meta last week took direct aim at Twitter with its Threads app, gaining 100 million users…
Threads, Meta’s response to Twitter, has been live for just about 24 hours and it’s already stirring up some legal trouble. Per reports from both ABC News and Semafor, Twitter’s legal team has allegedly accused Meta of “deliberately” copying the Twitter application and poaching former Twitter employees to do so. “Over the past year, Meta…
Sen. Elizabeth Warren (D-Mass.) is leading a group of lawmakers calling for an investigation into how some of the largest tax prep companies allegedly illegally shared sensitive customer data with Google and Meta, CNBC reported. A seven-month congressional investigation found evidence that TaxSlayer, H&R Block, TaxAct, and other tax prep firms sent names, phone numbers, email…
Watch out world — there’s a new social network in town. On July 5, Facebook parent company Meta launched Threads, an Instagram-integrated, text-based conversation app directly positioned to take down Twitter. “We’ve been hearing from creators and public figures who are interested in having a platform that is sanely run,” Meta Chief Product Officer Chris…
Meta announced that it would block access to news posts on its platforms in Canada after the country passed Bill C-18, or the Online News Act, a law that would require tech companies to pay media outlets a fee for news content. “We have repeatedly shared that in order to comply with Bill C-18, passed…