Tag: Social

AI uses tweets to help researchers analyze floods

Social media gets a lot of negative press, but there’s more to Twitter and Facebook than botnets, memes, and political trolls. In a research paper preprint on Arxiv.org (“Integrating Social Media into a Pan-European Flood Awareness System: A Multilingual Approach“), scientists at the Joint Research Center, the European Commission’s science and knowledge service, detail a […]

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Facebook beats Q1 2019 profit estimates, sets aside $3 billion for privacy penalty

(Reuters) — Facebook on Wednesday blew away Wall Street profit estimates in the first quarter as it kept a lid on the costs of making its social networks safer, and set aside $3 billion to cover a settlement with U.S. regulators, calming investors who had worried about the outcome of a months-long federal probe. Shares […]

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Microsoft reports $30.6 billion in Q3 2019 revenue: Azure up 73%, Surface up 21%, and LinkedIn up 27%

Microsoft today reported earnings for its third fiscal quarter of 2019, including revenue of $30.6 billion, net income of $8.8 billion, and earnings per share of $1.14 (compared to revenue of $26.8 billion, net income of $7.4 billion, and earnings per share of $0.95 in Q3 2018). All three of the company’s operating groups saw […]

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Donald Trump complained to Twitter CEO about losing followers

(Reuters) — U.S. President Donald Trump met with Twitter Inc Chief Executive Jack Dorsey on Tuesday and spent a significant time questioning him about why he had lost some Twitter followers, a person briefed on the matter said. The meeting, which was organized by the White House last week, came hours after Trump again attacked […]

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Mozilla highlights AI bias and ‘addiction by design’ tech in internet health report

Mozilla today released the 2019 Internet Health Report, an analysis that brings together insights from 200 experts to examine issues central to the future of the internet. This year’s report chose to focus primarily on injustice perpetuated by artificial intelligence, what NYU’s Natasha Dow Schüll calls “addiction by design” tech like social media apps and […]

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Snap returns to growth with 190 million daily users in Q1 2019

In its Q1 2019 earnings report today, Snap had lots of good news for investors, from increased users to significant revenue growth. The camera company has not only halted the quarters-long trend of losing daily active users (DAUs), it’s increased that number 2% since its Q4 2018 report, to 190 million DAUs. That’s still shy […]

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Twitter is slowly perfecting the art of inventing nonsensical performance metrics

In its latest effort to innovate around its business model of opacity, Twitter officially today unveiled its latest self-invented metric, dubbed “monetizable daily active usage.” Naturally, this being Twitter, the company decided to retire the more standard Monthy Active User metric during a quarter in which it announced MAUs were actually good, MAUs rose to […]

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Twitter beats expectations with revenue of $787 million, as monthly users rise to 330 million

Twitter has announced Q1 2019 revenues of $787 million — a year-on-year (YoY) increase of around 20%. However, after reporting record $909 million income for the last quarter, this represents a quarter-on-quarter (QoQ) decrease of roughly 14%. Twitter did caution shareholders during its previous earnings call that it expected revenues to drop to between $715 […]

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Winning against bots: How gaming apps can fight back

Presented by Adjust The mobile gaming industry is on course to break records this year – underscored by a recent report showing mobile is far and away the leader in terms of gaming mediums. Mobile games generated $61.3 billion in revenue in 2018, compared with $35.7 billion on PCs and $12.7 billion on consoles. At […]

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Facebook’s new general counsel is U.S. State Department lawyer Jennifer Newstead

(Reuters) — Facebook on Monday named the legal adviser to the U.S. State Department as its general counsel, as the social media giant faces growing regulatory hurdles and privacy concerns. Jennifer Newstead, who brings government and private sector experience to the role, will succeed Colin Stretch, who decided to quit the company in July 2018, […]

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5G is live in 3 countries, but we still need answers on health risks

Only days after Swisscom announced its first 5G phones, Switzerland’s Federal Office of Communications gave the carrier permission to start offering commercial 5G services, enabling it to officially launch the country’s first 5G network this week. Right now, the network is live across all of Switzerland’s major cities and tourist areas, making it the world’s third […]

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Pinterest shares rise 28% on first day of trading, worth $13 billion

Shares of Pinterest closed 28.58% higher than the IPO price on the first day of trading giving the image sharing site a $12.83 billion valuation. The rise marked a strong debut for the company, though the valuation just tops the $12.3 billion valuation the company had when it last raised venture capital in 2017. Still, […]

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Facebook is reportedly developing an AI assistant to take on Alexa and Google Assistant

Facebook is reportedly in the process to create its own AI assistant akin to Amazon’s Alexa or Google Assistant, former employees told CNBC. The virtual assistant project is reportedly being managed by employees out of Facebook’s Redmond, Washington office and started last year. The first consumer electronic device made in-house by Facebook, Portal made its […]

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European Parliament passes online platform rules placing new limits on Amazon and Google

The European Parliament passed a new set of regulations aimed at curtailing the power of digital platforms operated by such tech giants as Amazon, Google, Apple and Facebook. While the final vote tally has not been published, the measures were adopted in a Wednesday afternoon session, according to a European Commission press release. A joint […]

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Google pulls TikTok from Play Store in India following government order

Google has pulled popular video app TikTok from the Play Store in India following a local court’s direction, stoking fear among some activists that this could set a dangerous precedent. Apple, which has also been ordered by the government to pull the app from its respective app store (App Store), plans to comply with the […]

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Twitter says it now proactively surfaces 38% of abusive content

In a candid blog post today, Twitter gave an update on its ongoing effort to tamp down on hateful speech, threats, and other abusive behaviors on its platform. It says that in the first three months of this year, it suspended 100,000 account holders who created new accounts following an initial suspension (a 45% year-over-year […]

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EU countries give final approval to copyright reform aimed at Google and Facebook

The European Union has officially approved a controversial and sweeping reform of its copyright rules to protect content creators but that includes provisions critics and tech giants have argued will signficantly reduce free speech online. The rules were passed by the European Parliament last month, but still needed the final approval of member governments to […]

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Make content moderation good for business — and change the world (VB Live)

Being called upon to strengthen content moderation has actually proven to be a plus for online communities, because it can actually boost user retention and encourage growth. To learn more about the changing landscape of online conversations, and how to get it right, don’t miss this VB Live event featuring veteran analyst and author Brian […]

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WikiLeaks founder Julian Assange arrested by police in London

Julian Assange was arrested by London’s Metropolitan Police Service today after Ecuador’s Ambassador withdraw that country’s asylum protection. Assange is currently being held a London police station where he will await an appearance at the Westminister Magistrates’ Court, according to police officials. Assange had been granted asylum by Ecuador in 2012 amid efforts by Sweden […]

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