Elon Musk has revealed that Twitter's cash flow remains negative due to a significant 50 percent decline in advertising revenue and a substantial debt burden. Musk's statement on Saturday fell short of his previous expectation in March that Twitter would achieve positive cash flow by June. In response to suggestions on recapitalization, Musk ...
Category: Social Media
It is a means of interaction among different people through different social media apps like, Twitter, WhatsApp, Instagram, etc. in which they create, share, and exchange information and ideas through virtual communities and networks.
Twitter to share ad revenue with select content creators
Twitter has said that select content creators on the social media platform will be eligible to get a part of the advertising revenue the company earns.
The content creators will get a share of revenue from ads displayed in their replies, Twitter sai...
Twitter faces $500mn severance lawsuit by ex-employees
A lawsuit filed on Wednesday stated Twitter allegedly refused to pay at least $500 million in promised severance to thousands of employees who were laid off after Elon Musk acquired the company. Courtney McMillian, who was Twitter's "head of total rewards" before being laid off in January, filed the proposed...
Google unveils NotebookLM, enhanced AI-Powered notes app
Google has announced that it is starting to roll out the artificial intelligence (AI)-powered notes app ‘Project Tailwind’ with a new name ‘NotebookLM’, an experimental offering from Google Labs. The tech giant first previewed ‘Project Tailwind’ in May at the annual developer conference. “I...
Google sued for alleged users’ data theft to train AI models
Google has been sued in a class-action lawsuit that alleged that the tech giant scraped data from millions of users without their consent using its artificial intelligence (AI) tools.
The lawsuit said Google also violated copyright laws in order ...
Instagram mulls bringing branded content tools to Threads
Meta Platforms's Instagram is planning to bring its branded content tools to Threads, Axios reported on Tuesday, citing a source familiar with the matter, according to Reuters.
Such tools will help marketers collaborate with influencers on pai...