Webull, M1 and Public remove restrictions on ‘meme stocks’ after citing trade settlement firm as the cause
Three of the popular retail stock market trading apps that have hosted much of the activity related to the Wall Street Bets subreddit-spurred run on stocks including GameStop (GME) and…
After ad revenue drop, Twitter tells investors it’s eyeing subscription options
After reporting Q2 earnings that showed a marked dip in ad revenue, Twitter has said its exploring alternatives — dangling the possibility of a subscription option. Earlier today the social…
Facebook to pay $52 million to content moderators suffering from PTSD
Facebook has agreed in principle to pay $52 million to compensate current and former content moderators who developed mental health issues on the job. The Verge reported Tuesday that the…
Social Bluebook was hacked, exposing 217,000 influencers’ accounts
A social media platform used to match advertisers with thousands of influencers has been hacked. Social Bluebook, a Los Angeles-based company, allows advertisers to pay social media “influencers” for posts…
Facebook bans deceptive deepfakes and some misleadingly modified media
Facebook wants to be the arbiter of truth after all. At least when it comes to intentionally misleading deepfakes and heavily manipulated and/or synthesized media content, such as AI-generated photorealistic…
IAB Tech Lab releases the technical specifications for the IAB CCPA Compliance Framework
IAB Tech Lab today released the version 1.0 of the technical specifications for the IAB CCPA Compliance Framework. The Framework supports compliance with the CCPA (California Consumer Privacy Act) for…
California accuses Facebook of ignoring subpoenas in state’s Cambridge Analytica investigation
California’s attorney general Xavier Becerra has accused Facebook of “continuing to drag its feet” by failing to provide documents to the state’s investigation into Facebook and Cambridge Analytica. The attorney…
MediaLab acquires messaging app Kik, expanding its app portfolio
Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. It echoes the same message from Kik’s chief executive Tim…
California’s Privacy Act: What you need to know now
This week California’s attorney general, Xavier Becerra, published draft guidance for enforcing the state’s landmark privacy legislation. The draft text of the regulations under the California Consumer Privacy Act (CCPA)…