Social Networks

IAC/InterActiveCorp. announced Wednesday that it plans to purchase publisher Meredith Corp.’s media assets for about $2.7 billion. The company plans to combine Meredith MDP, +0.22% with its existing Dotdash media business, which runs properties in a number of verticals such as food and finances. The Wall Street Journal previously reported that IAC IAC, +0.91% and Meredith were in discussions about a deal. IAC is acquiring Meredith’s national media group for $42.18 a share. Shares of Meredith were up 6.3% in after-hours trading Wednesday to $58.20. The company previously announced plans to sell its TV stations to Gray Television for $16.99 a share. Shares of IAC were up 6.7% in the aftermarket. The company said in its release that the joint Dotdash Meredith unit will reach a monthly audience of 175 million people, including 95% of U.S. women. Dotdash Chief Executive Neil Vogel will head the combined group. Media giant IAC is known for growing companies and then spinning them out into stand-alone businesses, and the company is in the process of reinventing itself once again after recently sending Match Group Inc. MTCH, +1.82% and Vimeo Inc. VMEO, -1.44% out on their own. The company has been upbeat about opportunities in…

“There’s more to come,” Facebook whistleblower Frances Haugen’s lawyer said Wednesday during a Washington Post Live event, signaling that much of the information she obtained from the tech giant has not yet been made public and the scandal is still unfolding.“It’s obviously pretty substantial, and there’s been a lot of elements that haven’t even been reported yet, so there’s more to come,” John Tye, a former U.S. government whistleblower who is representing Haugen, told The Post’s Cat Zakrzewski during the virtual event.What Haugen’s revelations say about Facebook’s role in the Jan. 6 insurrection at the U.S. Capitol in particular “deserves more attention,” Tye later said.Story continues below advertisementHer disclosures that Facebook’s internal research found its products cause harm in ways the platform has failed to meaningfully address has ushered in a reckoning over the company’s conduct. And it has drawn the ire of policymakers and regulators around the globe, including on Capitol Hill, where Haugen testified Tuesday and may be called to provide additional testimony.In another sign that Facebook’s woes may be ballooning,  » Read More

(Bloomberg) -- Facebook Inc.’s shareholders had a rough start to the week, facing an unprecedented global outage of the company’s sites and a damaging interview by a former insider turned whistle-blower that sent the stock down nearly 5% on Monday.Most Read from BloombergLeft-Wing Rage Threatens a Wall Street Haven in Latin AmericaChristmas at Risk as Supply Chain ‘Disaster’ Only Gets WorseBefore Interstates, America Got Around on InterurbansReshaped by Crisis, an ‘Anti-Biennial’ Reimagines ChicagoThis Is What Europe’s Green Future Looks LikeBut as is often the case with Facebook, the dip didn’t last long. The stock rebounded 2.1% Tuesday -- despite that same whistle-blower appearing before a Senate subcommittee, claiming the company routinely puts its own profits before user safety. The testimony was powerful enough for Senator Ed Markey, a committee member from Massachusetts, to threaten Facebook’s co-founder and chief executive officer with regulatory control.  » Read More

On Tumblr, Lorde, old poetry and the Mongrel Mob, columnist Glenn McConnell reflects on a divided nation.OPINION: Very few people can be labelled either good or evil. The 2010s saw an old poem by Walt Whitman take off on social media. The website Tumblr, urged by alt stars like Lana Del Rey, fell in love with the old essayist and journalist who died in 1892. He was a white American, who the history books say enjoyed sunbathing naked. His work, Song of Myself, was repeated to no end, especially the line “Very well then I contradict myself, I am large, I contain multitudes.”123RFWalt Whitman, 1819-1892, was an American poet, essayist, and journalist. To me, that phrase spoke to intellectual curiosity and an acceptance that, well, nothing’s perfect. No one political ideology is watertight and even our best-held beliefs should be malleable. It acknowledges that our views can often contradict themselves, therefore we should be open to hearing the thoughts and experiences of others. READ MORE: * Claims Lorde 'ripped off' Lana del Rey are greatly exaggerated * Gangs' similarities with influencer culture is no coincidence * Mongrel Mob and Waikato DHB partner up at Hearty Hauora While many of us…

This elaborate research report through its in-depth market analysis practices is aiming at offering report readers with accurate, market specific synopsis of the industry, evaluating it across dynamics and touchpoint analysis. This systematically compiled Internet Advertisement market report also serves as a requisite guide various classifications, industry chain review, dynamic applications, besides harping largely on overall competitive scenario. Available Sample Report in PDF Version along with Graphs and https://www.orbisresearch.com/contacts/request-sample/3199384?utm_source=vi Proceeding further in the report, this systematically compiled research output based on elaborate primary and secondary research practices also shed light on the ongoing implications of COVID-19 that has rendered tangible dip in the aforementioned Internet Advertisement market, thus also affecting growth spectrum in multiple perspectives. Scope: Global Internet Advertisement Market According to meticulous primary and secondary research endeavors on the part of our in-house research experts, the global Internet Advertisement  market is poised to trigger remunerative growth, ticking a total growth of xx million USD in 2020 and is further likely to amplify growth through the forecast tenure, witnessing over xx million USD by 2026. Rigorous research suggests that the global Internet Advertisement market shall maintain a lucrative growth trail in the coming years, clocking a robust CAGR of…

The official MLB Ballpark app includes directions, parking information and ... and shops ranging from the Braves Clubhouse store to River Street Sweets.  » Read More

NEW YORK – Messaging apps Telegram and Signal saw new user downloads and sign-ups soar during the “blackout” of Facebook platforms, including WhatsApp, on Monday for nearly six hours.Signal said on Tuesday on its Twitter profile that it has gained “millions” of new users. Already founder of Telegram, Pavel Durov, needed the numbers: 70 million new participants on his platform.My fault: Zuckerberg apologizes for Facebook’s blackout and disputes accusation that he prioritizes profit over safety“We welcomed more than 70 million refugees from other platforms in one day,” said Durov on his public channel on Telegram to set the record in user registration of the app created eight years ago. Facebook, Whatsapp and Instagram were down for nearly six hours on Monday Photo: DADO RUVIC / REUTERSThe collapse of WhatsApp, along with the social networks Instragram and Facebook, the same group, left the approximately 2.7 billion people who use the messaging app around the world without communication.‘How much?’ Twitter CEO joins the joke after WhatsApp,  » Read More

TOKYO (BLOOMBERG) - The use of Snapchat surged more than 20 per cent after Facebook's services went down for six hours on Monday (Oct 4), the biggest winner among rival apps during the American social media giant's worst outage in years. Facebook blamed network configuration glitches for immobilising a suite of apps from Messenger to Instagram and driving some of its 2.7 billion daily users to the competition. Snapchat saw a 23 per cent boost in time spent on its Android app on Monday compared with the same day the prior week, according to Sensor Tower data shared with Bloomberg News. That led gains in activity on apps from Telegram and Signal to Twitter and ByteDance's TikTok on Monday, the mobile researcher said. The service disruption, which Facebook blamed on a faulty network configuration change, hit small businesses and gave ammunition to critics and legislators arguing that the company has grown into an unwieldy monopoly that should be cut down to size. Telegram founder Pavel Durov said his app added 70 million users and set new highs for registrations and activity on Monday. It jumped to the top of the Apple App Store as the most-downloaded free app in 40 markets,…

Online video sharing platforms such as TikTok, Snapchat, Vimeo and Twitch have to follow new guidelines set out by U.K. media regulator Ofcom to keep people better protected from harmful content.The guidance, published on Wednesday, requires platforms to provide clear rules around uploading content; have easy reporting and complaint processes; and restrict access to adult sites. The rules are effective immediately.More from VarietyLil Nas X Will Be First Artist to Drop Official TikTok NFTsU.K. Broadcasters Must 'Slow the Revolving Door' and Retain and Progress Diverse Talent, Says Media RegulatorYou Are the Star in Snapchat's 'The Me and You Show' Deepfake-Tech Sketch Comedy, Penned by Ex-'SNL' Writer“Uploading content relating to terrorism, child sexual abuse material or racism is a criminal offence,” the guidance states. “Platforms should have clear, visible terms and conditions which prohibit this – and enforce them effectively.”Research commissioned by Ofcom shows that a third of users say they have witnessed or experienced hateful content. A quarter claim they’ve been exposed to violent or disturbing content. One in five have been exposed to videos or content that encouraged racism.Platforms established in the U.K. are required by law to take measures to protect under-18s from potentially harmful video content; and…

Online video sharing platforms such as TikTok, Snapchat, Vimeo and Twitch have to follow new guidelines set out by U.K. media regulator Ofcom to keep people better protected from harmful content.The guidance, published on Wednesday, requires platforms to provide clear rules around uploading content; have easy reporting and complaint processes; and restrict access to adult sites. The rules are effective immediately.More from VarietyLil Nas X Will Be First Artist to Drop Official TikTok NFTsU.K. Broadcasters Must 'Slow the Revolving Door' and Retain and Progress Diverse Talent, Says Media RegulatorYou Are the Star in Snapchat's 'The Me and You Show' Deepfake-Tech Sketch Comedy, Penned by Ex-'SNL' Writer“Uploading content relating to terrorism, child sexual abuse material or racism is a criminal offence,” the guidance states. “Platforms should have clear, visible terms and conditions which prohibit this – and enforce them effectively.”Research commissioned by Ofcom shows that a third of users say they have witnessed or experienced hateful content. A quarter claim they’ve been exposed to violent or disturbing content. One in five have been exposed to videos or content that encouraged racism.Platforms established in the U.K. are required by law to take measures to protect under-18s from potentially harmful video content; and…