Amid the Capitol riots, Facebook faced its own uprising

Amid the Capitol riots, Facebook faced its own uprising

WASHINGTON (AP) – As Donald Trump supporters looted the US Capitol on January 6, attacking police and forcing judges to hide, an uprising was taking place within the world’s largest news company. Thousands of miles away, in California, Facebook engineers rushed to fix internal controls that slowed the spread of incorrect information and stimulated internal … Read more

Hedge fund sells stake in Trump SPAC firm DWAC after merger news

At least one hedge fund has its stake in SPAC Digital World Acquisition Corp. sold after the company announced plans to merge with former President Donald Trump’s planned social media company. Lighthouse Investment Partners, one of at least nine hedge funds that hold shares in Digital World Acquisition, abandoned its holdings in this particular acquisition … Read more

Can the Big Idea survive the fundamental nature of the trading world?

Is there a danger of brands focusing too much on image size when they go global and don’t use local stuff? As part of The Drum’s Globalization Deep Dive, we ask if they might need a little imagination to succeed. The Big Idea is the cornerstone of many market trends and has been discussed at … Read more

Opinion: Snap points out the possibility that Apple caused the long-feared “Ad-Mageddon”

Snap Inc. raised the alarm on Thursday for the long-feared collapse in Internet advertising that could come in the normally busy fourth quarter. Long feared, because since Apple Inc. AAPL, + 0.15% Announcing upcoming iPhone privacy changes, many internet advertising companies are warning of the impact this is having on their bottom line. Apple updated … Read more

Ex-President Donald Trump announced on social media site | Social News News

Ex-President Donald Trump announced on social media site |  Social News News

The opening of the platform, called TRUE SOCIETY, comes months after Mr. Trump was banned from many social media sites. Former United States President Donald Trump has announced the reopening of a new coalition after nine months of deportation for his role in calming the US Capitol in the wake of last year’s election defeat. … Read more

Facebook settles allegations that it discriminated against US workers for jobs

Mark Zuckerberg, CEO and founder of Facebook Inc., speaks during a hearing of the House Energy and Commerce Committee in Washington, DC, the United States, on Wednesday, April 11, 2018. Andrew Harrer | Bloomberg | Getty Images Facebook has settled claims that it has refused to recruit or hire U.S. workers for positions it has … Read more

Facebook wants to create 10,000 jobs in the EU for the “metaverse” vision

In this photo illustration, the Facebook logo can be seen on a smartphone screen with the EU flag in the background. Chukrut Budrul | SOPA pictures | LightRocket via Getty Images LONDON – Facebook plans to create 10,000 jobs in the European Union over the next five years to build a digital world known as … Read more

GitLab is now worth twice what Microsoft paid for GitHub

People celebrate Gitlab’s initial public offering on Nasdaq, October 14, 2021. Source: Nasdaq On October 9, 2017, GitLab announced a $ 20 million funding round led by Alphabet’s GV, formerly known as Google Ventures. The news hit just as bigger rival GitHub was about to start its annual developer conference. It was just one example … Read more

Microsoft puts LinkedIn social media service together in China

Microsoft corps MSFT 1.37% LinkedIn said it will shut down the version of its professional networking site that operates in China, marking the end of the last major American social media network to operate openly in the country. LinkedIn said in a statement Thursday that it made the decision after facing “a significantly more difficult … Read more

Joe Montana is preparing for the biggest venture return when GitLab goes public

Joseph “Joe” Montana, co-founder of iMFL and retired quarterback for the National Football League (NFL), speaks during an interview in San Francisco, Calif., On Tuesday April 30, 2013. David Paul Morris | Bloomberg | Getty Images Joe Montana won his first Super Bowl as an NFL quarterback in 1982. Almost four decades later, he is … Read more