PayPal has offered to buy Pinterest for $45 billion (roughly Rs. 3,36,770 crore), people familiar with the matter said, a combination that could herald more financial technology and social media tie-ups in e-ecommerce. It would be the biggest acquisition of a social media company, surpassing Microsoft’s $26.2 billion (roughly Rs. 1,95,990 crore) purchase of LinkedIn in 2016.
Social
Instagram recently introduced the ability to schedule livestreams. Called Live Scheduling, the feature lets you schedule your stream for up to 90 days in advance and followers can set reminders to tune in. Instagram offers the ability to start a live video via Stories. This feature is great for building engagement, especially for aspiring creators.
WhatsApp recently introduced a range of stickers in payments to make transacting money a fun affair. The instant messaging app even collaborated with five Indian women artists to offer a new pack of Payments stickers for its users in India. These stickers are essentially built on various cultural expressions related to money exchange. While stickers
Shares of Snap plummeted 25 percent on Thursday after the owner of photo messaging app Snapchat said privacy changes implemented by Apple Inc on iOS devices hurt the company’s ability to target and measure its digital advertising. The Santa Monica, California-based company, which earns the vast majority of its revenue from selling digital advertising on the
The Centre has defended in the Delhi High Court the legal validity of its new IT rule requiring messaging apps, such as WhatsApp, to “trace” the first originator of the information, saying that the law empowers it to expect such entities to create safe cyberspace and counter illegal content either themselves or by assisting the
A former Facebook worker reportedly told US authorities Friday the platform has put profits before stopping problematic content, weeks after another whistleblower helped stoke the firm’s latest crisis with similar claims. The unnamed new whistleblower filed a complaint with US financial regulator Securities and Exchange Commission that could add to the company’s distress, said a
A common refrain about social media is that a major part of it toxic. It is often said to be a result of people following in the footsteps of social media influencers. A new study claims that banning or removing ‘extremists’ from social media can reduce the spread of anti-social ideas and conspiracy theories. In
Twitter Spaces has been expanded to all users. The Spaces team on Thursday announced that the users on both Android and iOS will now be able to create their own chat room. The Clubhouse-style feature, which lets users create public and private audio chat rooms on the microblogging platform, was first announced last year for
Facebook is rolling out a new Group Effects feature on Messenger video calls and Messenger Rooms. Group Effects bring new AR filters and effects that can be applied to everyone on a video call, at the same time. These Group Effects will be rolled out soon to Instagram, Facebook says. The social media giant says
The COVID-19 pandemic brought into focus the increasing role of social media in spreading conspiracy theories. A number of recent studies on online social behaviour have pointed out the immense power of Facebook, Twitter and other platforms in giving a wide reach to unverified claims. A new study has shed the light on how different
Renaming Facebook is unlikely to enable the tech giant to distance itself from regulatory and public scrutiny around the potential harms caused by its social media apps, marketing and branding experts told Reuters. Tech publication The Verge reported on Tuesday that the California-based firm is planning to change its corporate branding to reflect that as well
Twitter on Thursday introduced a live cricket scorecard and extended its Communities feature to India by bringing the country’s first community focussed on cricket fans called Cricket Twitter – India. The updates from the microblogging platform come in the midst of the ICC Men’s T20 World Cup 2021 tournament that kicked off earlier this week
Instagram is adding a bunch of new features to its Feed and Reels. The Facebook-owned photo-sharing platform has announced that it is testing the Collabs feature to strengthen the relationship between content creators. With the latest feature, users on the platform can co-author Feed posts and Reels with others. In the shared post, both the
Britain’s competition regulator has fined Facebook GBP 50.5 million (roughly Rs. 520 crores) for breaching an order imposed during its investigation into the US social media giant’s purchase of GIF platform Giphy, the agency said. The Competition and Markets Authority (CMA) said Facebook had deliberately failed to comply with its order, and the penalty served
A group of US lawmakers said Facebook cannot be trusted to manage cryptocurrency and urged the social media platform to discontinue immediately a small pilot of its cryptocurrency wallet named Novi, which was launched on Tuesday. US Democratic senators Brian Schatz, Sherrod Brown, Richard Blumenthal, Elizabeth Warren, and Tina Smith voiced their opposition to Facebook’s two-year-old effort
WhatsApp has integrated its joinable calls feature — which lets users join an ongoing group video — directly into group chats. The latest update will give users the option to join an ongoing group call right from the group chat tab. Joinable calls were first introduced on WhatsApp in July this year. The instant messaging
Telegram has become the latest app to surpass 1 billion installs on the Google Play store. The sudden increase in downloads could be attributed to major outages at Facebook, WhatsApp, and Instagram earlier this month. Founded by Pavel Durov Telegram is slowly increasing its market presence and gained more users due to the outages at
Facebook on Monday announced plans to hire 10,000 people in the European Union to build the metaverse, a virtual reality version of the Internet that the tech giant sees as the future. Facebook CEO Mark Zuckerberg has been a leading voice in Silicon Valley hype around the idea of the metaverse, which would blur the