Tag: Jack Dorsey

AI Weekly: Algorithms, accountability, and regulating Big Tech

Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. This week, Facebook CEO Mark Zuckerberg, Google CEO Sundar Pichai, and Twitter CEO Jack Dorsey went back to Congress, the first hearing with Big Tech executives since the January 6 insurrection led by white supremacists that directly threatened the lives […]

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Despite Bans, Extremist Groups Are Alive and Thriving on Facebook

Photo: Jirapong Manustrong (Shutterstock) I feel like the reason Facebook was so resistant to implementing restrictions on white supremacists and conspiracy theorists is because that’s largely who its consumer base is now. While the social media company began implementing restrictions on pages that advocate violence and hate, a recent report has found that many extremist […]

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So I Guess Square, Inc. Had Dinner With Jay-Z and Is Now Acquiring a Majority Stake in Tidal

Jay-Z makes an announcement of the launch of Dream Chasers record label in joint venture with Roc Nation; Twitter CEO Jack Dorsey appears on a screen as he speaks remotely during a hearing before the Senate Commerce Committee on Capitol Hill.Photo: Greg Allen/Invision/AP, File (AP), Michael Reynolds/Pool Photo via AP, File (AP) Yes, I’m about […]

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Jack Dorsey’s Square Is Buying Tidal For Hundreds Of Millions And Giving Jay-Z A Seat On Square’s Board

A couple months ago, there were reports that Square, the mobile payments company of which Twitter co-founder/CEO Jack Dorsey is also founder/CEO, was in talks with Jay-Z’s streaming service Tidal to buy the platform. It turns out those were more than just rumors, as both Dorsey and Jay have confirmed that the deal is just […]

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Does Jack Dorsey Have Any Clue What He’s Doing?

What about harassment, toxic users, fake news, foreign governments censoring civil rights groups, and other viral terrors? Where are the armies of moderators, the appeal mechanisms for dealing with harassment or bans, the devotion to protecting speech against tinpot dictators? In the earnings call, Dorsey said little on these subjects, except that “our focus on […]

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The Incredible Power and Learned Helplessness of Twitter and Facebook

But dramatic, wholesale bans of famous people, while sometimes justified, don’t address the everyday concerns affecting the bulk of platform users. Content moderation remains the industry’s great unsolved problem. “Have you tried to moderate 15 million people?” Mark Weinstein, the founder of the social network MeWe, asked in an interview with OneZero. Weinstein discussed the […]

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Twitter Has ‘Permanently Suspended’ Donald Trump’s Account After Hundreds Of Its Employees Implored CEO Jack Dorsey To Do So

(UPDATE: This post was originally about Twitter CEO Jack Dorsey’s explanation for not banning Donald Trump from its platform in the wake of recent events, despite hundreds of his employees imploring him to do so. But at 6:21pm EST today, the company announced that it was finally “permanently suspending” the disgraced president from the platform […]

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Jay-Z’s Tidal Is Reportedly In Talks To Be Bought By Twitter And Square CEO Jack Dorsey

Since purchasing Tidal for $56 million back in 2015, Jay-Z has made the streaming service a big contender in the music industry. But it could be that Jay-Z is considering handing-off a majority stake in the company. The rapper has reportedly been in talks to sell the site to Twitter CEO Jack Dorsey and his […]

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Good News: Trump’s Twitter Days May Be Numbered After January 20

Photo: Alex Wong (Getty Images) Hallelujah! Trump could soon be booted off of Twitter as well as out of the White House. Advertisement At a hearing before the Senate Judiciary Committee on Tuesday, Twitter CEO Jack Dorsey said that the policy exceptions allowing Trump to incite violence, proliferate racism, and promote white supremacy on his […]

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Twitter Q3 2020 revenue smashes estimates with $936 million as user growth slows

Twitter has reported strong revenue growth for Q3 2020, while its monetizable users also grew year-on-year (YoY) even though they fell short of estimates. The social networking giant announced its most recent financial and user metrics this afternoon, breaking a longstanding tradition that has typically seen Twitter announce its financials before the market opens. The […]

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U.S. Senate hearing to reform Section 230 internet law becomes political showdown

(Reuters) — A U.S. Senate hearing to reform an internet law and hold tech companies accountable for how they moderate content quickly turned into a political scuffle as lawmakers not only went after the companies but also attacked each other. Lawmakers are split on ways to hold Big Tech accountable under Section 230 of the […]

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Jack Dorsey Showed Off His Wild Beard During A Senate Hearing, And People Online Had Some Jokes

Imagine having co-invented a platform on which people often make fun of you. That’s one way to look at the life of Jack Dorsey, the much-maligned head honcho of Twitter. There are many reasons to be angry with the internet god, notably his company’s frequent mishandling of sensitive and explosive issues. Or people could simply […]

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Facebook and Twitter Have Made a Mess of the New York Post’s Hunter Biden Story

Twitter and Facebook knew this was coming. For the last four years, they have ostensibly been preparing for foreign interference in the 2020 presidential election. Pressed by lawmakers, executives from both companies insisted that they had learned their lesson. “In 2016, we were not prepared for the coordinated information operations we now regularly face,” wrote […]

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U.S. regulator: Twitter’s lax security enabled ‘simple’ celebrity account hack by Florida teen

(Reuters) – Twitter suffered from cybersecurity shortfalls that enabled a “simple” hack attributed to a Florida teenager to take over the accounts of several of the world’s most famous people in July, according to a report released on Wednesday. The report by New York’s Department of Financial Services recommended that the largest social media companies […]

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Square adopts QR codes to bring self-serve ordering to restaurants

Square has introduced a new self-serve ordering feature for restaurants that allows dine-in customers to order and pay for their food through their phones, minimizing physical contact with staff. The restaurant industry has been among the hardest hit by the global pandemic, though this has led to a surge in demand for meal deliveries. As […]

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Twitter Asks Users If They Are Interested in ‘Undo Send’ Feature as Part of Paid Subscription

Earlier this month, rumors suggested that Twitter is readying a premium subscription for its user. Twitter’s job description revealed that the company is working on creating a new subscription platform and is hiring for the same. Twitter has now introduced a survey that asks users what services would they like to have as part of […]

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1,000 Twitter workers had access to internal tools that hackers could exploit

(Reuters) — More than a thousand Twitter employees and contractors as of earlier this year had access to internal tools that could change user account settings and hand control to others, two former employees said, making it hard to defend against the hacking that occurred last week. Twitter and the FBI are investigating the breach […]

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Twitter revenue falls 19% in Q2 2020, monetizable users rise 34%

Twitter has reported strong user growth for Q2 2020, though revenue — which was already widely expected to be down — fell below analysts’ expectation. The social networking giant announced its most recent financial and user metrics this morning, revealing revenues of $686 million — a  year-on-year (YoY) decrease of 19% on the $841 million reported […]

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Rihanna, Jack Dorsey Address Digital Divide In Barbados

Songstress and mogul Rihanna is the queen of philanthropy. After leading several initiatives for COVID-19 relief and to combat racial injustice, she’s now on a mission to address the digital divide. According to Harper’s Bazaar, she recently donated iPads to students in need in Barbados. The donation was a collaborative effort between her nonprofit organization […]

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