As Meta gets rid of fact-checkers, misinformation is going viral

Meta is phasing out its third-party fact-checking programs in the U.S. while it reintroduces a bonus program for creators, which pays them for viral content. The timing of these changes at Meta could intensify the prevalence of misinformation, according to ProPublica. In the past, content […]

Apple exec Phil Schiller testifies that he raised concerns over App Store commissions on web-based sales

Apple Fellow Phil Schiller, the executive in charge of leading the App Store, testified in court on Monday that he had originally raised concerns about the 27% commission the iPhone maker planned to charge app developers on any purchases made outside the App Store. In […]

TikTok (with Douyin) becomes first app to reach $6B in annual consumer spending

TikTok, including its Chinese counterpart Douyin, in 2024 became the first non-game app to reach $6 billion in in-app purchase revenue in a year. According to a new report from app intelligence provider Sensor Tower, TikTok also generated a record high of $1.9 billion in […]

Yope is sparking GenZ (and VC) interest with an Instagram-like app for private groups

Photo and video apps targeting young adults with social hooks are a dime a dozen these days, so those that show traction with 18-twentysomethings tend to catch the attention of investors looking for the next Instagram or TikTok. In the latest example, photo-sharing app Yope, […]

Yope is sparking GenZ (and VC) interest with an Instagram-like app for private groups

Photo and video apps targeting young adults with social hooks are a dime a dozen these days, so those that show traction with 18-twentysomethings tend to catch the attention of investors looking for the next Instagram or TikTok. In the latest example, photo-sharing app Yope, […]