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Aptos’ head of ecosystem, Ash Pampati, said the catalyst for broader user adoption will be something new, rather of recreating memecoins or NFTs. While many crypto ecosystems focus on decentralization as the core tenet of Web3, Aptos is seeing success with hybrid platforms that blend Web2 and Web3 technologies, commonly referred to as “Web2.5.” In…
The web’s original promise of free speech and open access is threatened by centralized tech giants. Blockchain-powered platforms lay the foundation for a decentralized tech stack that promotes free speech. Opinion by: Chris Jenkins, adviser to Pocket Network Tim Berners-Lee’s vision of the World Wide Web is dead. Instead of an open and accessible global…
WhatsApp now has more than 3 billion people using it every month, Meta CEO Mark Zuckerberg noted during the company’s Q1 results conference call on Wednesday. Founded in 2009 and acquired by Facebook for $19 billion in 2014, WhatsApp remains free to use and doesn’t serve any ads. The app reached the 2 billion monthly…
AI chatbots available on Meta’s platforms like Facebook and Instagram can engage in sexually explicit conversations with underage users, according to a new report in the Wall Street Journal. The WSJ says that after learning about internal concerns about whether the company was doing enough to protect minors, it spent months conducting hundreds of conversations…
Catalog ads now support dynamic overlays – sticker-style labels that highlight prices, discounts, and free shipping. Meta introduced a small but potentially powerful tweak to its Advantage+ Catalog campaigns: dynamic overlays. Advertisers can now add price, discount, and shipping labels directly onto product images – styled like stickers – to make promotions pop in the…
Advertisers will be able to reach the 300 million monthly active Thread users with Meta’s targeting capabilities. Meta’s text-based social platform is now monetizing its 300 million monthly active users Meta’s standalone app Threads is beginning a global rollout of advertisements within its feed starting Wednesday, expanding beyond the limited testing that began in January….
Meta may have managed to kill a bipartisan bill to protect children online, but parents of children who have suffered from online harm are still putting pressure on social media companies to step up. On Thursday, 45 families who lost children to online harms – from sextortion to cyberbullying – held a vigil outside of…
Facebook will begin lowering the reach of accounts sharing spammy content and making them ineligible for monetization, Meta announced on Thursday. The company is also increasing efforts to remove Facebook accounts that coordinate fake engagement and impersonate others, it says. The move comes as Meta CEO Mark Zuckerberg has promised a return to “OG Facebook.”…
The European Union has fined Apple €500 million (about $568 million) and Meta €200 million (about $227 million) for allegedly breaching the bloc’s Digital Markets Act, according to The Wall Street Journal. The EU has accused Apple of failing to comply with an obligation to allow app developers to inform customers of alternative ways to…
Meta’s Oversight Board, the independent group created to help Meta with content moderation decisions, on Tuesday issued its response to the social media company’s new hate speech policies announced in January. The Board says that Meta’s new policies were “announced hastily, in a departure from regular procedure,” and called on the company to provide more…