Reddit's Stellar Q2 Performance: Shares Soar 13% as Revenue Surges 78% Beyond Expectations
Reddit Inc. shares surged 13% after reporting a 78% year-over-year revenue increase to $500 million in Q2, far exceeding analyst expectations of $425 million.
social media News
Meta Elevates Connor Hayes to Lead Threads, Signaling New Era for the App
Meta appoints Connor Hayes, a long-time executive, as the head of Threads, aiming to focus on the app's growth. Hayes, part of the original Threads team, brings extensive experienc...
Pinterest Surges with a 16% Revenue Jump to $855 Million in Q1 2025
Pinterest Inc. reports a 16% annual revenue increase to $855 million in Q1 2025, highlighting its financial growth and market influence. More details to follow.
Massive Layoffs Hit Spain: Over 2,000 Meta Moderators to Lose Jobs After Contract Loss
Over 2,000 Meta content moderators in Barcelona face layoffs after Telus International loses its contract with Meta. The union has secured a preliminary agreement for maximum compe...
Meta Expands Global Ad Reach in Threads: A New Era for Advertisers and Users Alike
Meta Platforms Inc. expands ads in Threads globally after initial tests, offering advertisers new placement options while ensuring user experience remains a priority. Ads are marke...
Sebi Alerts Public on Rising Securities Frauds Through Social Media: How to Stay Safe
Sebi warns about the surge in securities market frauds via social media, advising caution and verification of entities. Reports can be made on Sebi's portal, with new measures intr...
Shocking Insider Leak: 2.8 Billion X User Profiles Exposed in Largest Social Media Data Breach Ever
A massive data breach at social media platform X has exposed 2.8 billion user profiles, marking potentially the largest leak in social media history. The breach, revealed by a foru...
Exclusive: Massive 2.8 Billion X User Profiles Leak in Unprecedented Social Media Breach
A massive data breach has exposed 2.8 billion X user profiles, marking potentially the largest leak in social media history. The leak includes sensitive profile metadata, with the ...
Exclusive: Massive 2.8 Billion X User Profiles Leak - The Largest in Social Media History
A massive data leak at social media platform X has exposed 2.8 billion user profiles, marking potentially the largest breach in social media history. The leak, involving 400GB of d...
Turkey Imposes Hefty Fine on Meta Over Content Restrictions Amid Rising Censorship Concerns
Turkey fines Meta for not restricting content, amidst a broader crackdown on free speech and information during protests, with journalists and social media platforms also targeted.
Shock Departure: X Corp's Engineering Leader Haofei Wang Exits Unexpectedly
Haofei Wang, X Corp's director of engineering, has unexpectedly left the company. Known for his crucial role in leading the engineering and product departments, his departure raise...
Elon Musk Reveals X Social Media Platform Under Massive Cyberattack
Elon Musk has announced that his social media platform, X, is under a massive cyberattack, potentially involving a large, coordinated group or a nation-state. This has caused globa...
Global Disruption: X.com Faces Second Major Outage in a Single Day
X.com, owned by Elon Musk, faced two major outages in one day, affecting users worldwide. The disruptions, occurring at 6 am and 10 am ET, left users in countries including the US,...
Elon Musk Denies Interest in Acquiring TikTok, Dismissing Deal Speculations
Elon Musk has dismissed speculation about acquiring TikTok, stating he has no interest in purchasing the app from its Chinese owner. This comes despite former President Trump's sup...
Volkai AI: India's Revolutionary Homegrown Platform Takes Social Media by Storm
Volkai AI, developed by Kairosoft AI Solutions Limited, has become a national sensation in India, trending on social media for its innovative blend of text and image generation wit...
Amazon Shifts Strategy: Boosting Ad Spend on X.com Amidst New Opportunities
Amazon.com Inc. is increasing its advertising on X.com, reversing its previous decision to reduce ad spend due to content moderation concerns. CEO Andy Jassy influenced this strate...
TikTok's US Website Access Partially Restored Amid National Security Ban
Some US users regained access to TikTok's website on Sunday, amidst a national security ban that took effect the same day. The TikTok app remains unavailable, with further updates ...
Elon Musk Critiques German Defense Ministry's Shift from X to Meta Platforms
Elon Musk criticizes the German Ministry of Defense for moving their communications from his platform, X, to Meta Platforms Inc.'s services, amidst ongoing disputes with the German...
TikTok on the Brink: US Users Face App Shutdown This Sunday Without Supreme Court Intervention
TikTok is reportedly set to disable its app for US users this Sunday due to an impending ban, pending Supreme Court intervention. The tech community and users await the outcome, wh...
TikTok's Legal Battle in Supreme Court: A Test for First Amendment Rights
TikTok's attorney, Noel Francisco, described the Supreme Court hearing on the potential ban of the platform as going "very well," emphasizing the case's importance for First Amendm...
Ola Electric Faces Sebi Warning for Social Media Disclosure Breach
Sebi warns Ola Electric Mobility for breaching disclosure norms after its founder announced expansion plans on social media before notifying stock exchanges, highlighting the impor...
Durian Mania Sweeps China: A Culinary Revolution Fueled by the King of Fruits
China's catering industry is riding the durian wave, with innovative dishes and promotions capturing the nation's palate. From buffets to milk tea, durian's popularity is soaring, ...
Britain Unveils Pioneering Codes of Practice for Online Safety
Britain's online safety regime now requires social media companies to tackle criminal activities and enhance user safety. Ofcom has published its first codes of practice, with plat...
xAI's Grok-2 Chatbot Goes Free: What You Need to Know
Elon Musk's xAI offers free access to its new Grok-2 chatbot on social media platform X. Premium and Premium+ users will benefit from higher usage limits and early access to new fe...
Russia Blocks Viber Messaging App Amidst Crackdown on Social Media
Russia's Roskomnadzor blocks Viber messaging app, citing violations related to preventing terrorism, extremism, and drug dealing. Rakuten Group, Viber's owner, has not yet commente...
Instagram Introduces Trial Reels: A Safe Space for Content Experimentation
Meta Platforms Inc. introduces Instagram's Trial Reels, allowing users to test content with non-followers before deciding to share it with their own followers, with an option to ma...
EU Investigates Google and Meta's Controversial Ad Deal Targeting Minors
The European Commission is investigating a secret advertising partnership between Google and Meta that may have violated Google's rules for protecting minors online. Regulators hav...
