Social Networks

Shares of Facebook Inc. Cl A FB, +1.17% rallied 1.17% to $313.59 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP, -0.03% falling 0.03% to 13,299.74 and Dow Jones Industrial Average DJIA, -0.48% falling 0.48% to 33,896.04. The stock's rise snapped a two-day losing streak. Facebook Inc. Cl A closed $18.22 below its 52-week high ($331.81), which the company reached on April 29th. The stock outperformed some of its competitors Wednesday, as Microsoft Corp. MSFT, +0.25% rose 0.25% to $243.12, Alphabet Inc. Cl A GOOGL, +0.40% rose 0.40% to $2,271.50, and Twitter Inc. TWTR, -0.51% fell 0.51% to $52.92. Trading volume (19.0 M) remained 904,976 below its 50-day average volume of 19.9 M. Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.  » Read More

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Mollie Suarez has three kids. Her youngest, Hunter, is 11. “I have a phone and I have Instagram,” he said. She signed him up. He also has TikTok, Snapchat and Discord. “I normally just post fishing and then sometimes when I'm bored, I just scroll around and see what my friends are doing on it,” he said. She didn’t make the decision lightly and she monitors what he’s doing and who he is talking to on Instagram and other social media apps, too. “I also think that it's inevitable that the child will eventually be in this world. And so equipping them now, early, with the right concepts about it, tools, and just conversations about it, I think, is helpful,” she said. On the flipside is mom Carrie Singh. She has two boys and lets them use a chess gaming app with privacy controls in place.  Would she let them use social media apps tailored to children?  “No way. No thanks. Not in the house,” she said. “What you see on Instagram and Facebook isn't real. Everyone's giving the highlights of their, you know, life and these filtered pictures and you know, ‘I'm living the best life’ and these kids…

Facebook has published its latest Community Standards Enforcement Report, which covers all the content removals and enforcement actions the platform enacted throughout the first quarter of 2021, while it's also shared some new updates on the development of its enforcement systems and processes, and unveiled a new Transparency Center, designed to better clarify its various actions. First off, on enforcement actions - Facebook has shared a complete overview of its various enforcement efforts, which details its progress on detecting and removing rule-breaking posts, including nudity, hate speech and violent content. As you can see here, Facebook reports that the prevalence of nudity on both Facebook and Instagram was 0.03-0.04%, which is in line with its last report, while instances of violent and graphic content down slightly the previous quarter. What, exactly, 'prevalence' represents in this context is not entirely clear. Facebook can only enforce the content that it finds, so while it may say that there's only been marginal exposure to users,  » Read More

That includes projects with LinkedIn coming in the near future, more acquisitions and further expansion into verticals beyond media, Kaufman said in an ...

Text by Anna Zanes Photography by Alex Hodor-Lee Posted May 19, 2021 Louie Pastel and Felix reveal the emotional depths of their caustic alt-rap songs on 'BOY ANONYMOUS' Each day I receive about 50 emails which suggest I check out a new artist, album, or single. I do my best to follow the suggestion, though it’s hard to hold on to everything, to truly engage and get excited amidst the sheer amount of content. But with Paris Texas, I held on. The email came with an oddly ambiguous press release, lacking in a traditional bio, leaving the cinematic aesthetics in their cover art and an accompanying short film to shoulder the narrative responsibility. Then came the work itself. These two young men, coming out of Compton and South Central respectively, had created a sound which, for a second, paralyzed me. Just when I thought, as I often do—to a fault—that culture had met the end of uniqueness, driven by derivatives, Paris Texas proved me wrong. Ever humble and challenging, as I quickly learned Louie Pastel and Felix—the pseudonyms the group’s two members go by—to be, they politely suggested maybe I just didn’t know enough about music to claim their work…

Twitter is directly challenging the Government’s legislation on online safety with a robust attack on its proposals to impose financial sanctions, block services and make senior management of companies criminally responsible for breaches of the law. In its opening statement to a meeting of the Oireachtas Committee on Communications, the social media giant argues that several of the sanctions, as envisaged, would set a “global benchmark” that will have a chilling effect in other regions of the world. “We contend that several of the sanctions as currently envisaged create an unhelpful international precedent: specifically the extent of proposed financial sanctions, the provision for service blocking, and the criminal liability of senior management,” it states. It is the second appearance for Twitter and for Facebook before the committee in the past month. At the last meeting, Twitter and Facebook (especially the former) were lambasted by committee members for allowing anonymous accounts, for trolling, and for abusive content. The Twitter statement is sure to put the company on a collision course with several members of the committee, especially following the controversy surrounding the anonymous account associated with former Sunday Independent columnist Eoghan Harris. “Already we see countries imposing punitive financial penalties or…

Twitter users are having a field day creating and sharing memes on Bitcoin.Bitcoin fell to around $40,000 (roughly Rs. 29 lakh) on Wednesday, extending its losses that began with Elon Musk's back-and-forth remarks on the world's largest digital currency over the past week. The Tesla CEO first raised concerns over the rapidly increasing use of fossil fuels for mining and transaction of Bitcoin, saying his electric vehicle-making company will no longer accept payments in the digital currency. Then his tweet caused confusion whether Tesla was dumping its Bitcoin holdings.Bitcoin was trading at $39,976 at the time of writing this report, the lowest it has been since Musk's big embrace in February, when Tesla revealed it had bought $1.5 billion (roughly Rs. 10,974 crore) worth of Bitcoins. Even as investors are heartbroken, Twitter users are having a field day, sharing memes about the cryptocurrency, those who have invested in it and Musk, alleging he single-handedly triggered the massive crash.Every Bitcoin Owner To Dogecoin Owners And @elonmusk Right now #dogearmypic.twitter.com/KHgZn8Gx4F— Sensitive Phil (@PhilSensitive) May 18, 2021Bitcoin owners right now pic.twitter.com/726Zcn3PgW— Sagar (@sagarcasm) May 19, 2021#Bitcoin owners every morning after checking Elon musk's tweet. pic.twitter.com/844tzLayMw— El Professor ???? (@SalvaMartin09) May 19, 2021Bitcoin owners…

FROM NEWS REPORTS Published 6:01 a.m. ET May 19, 2021 CLOSEAutoplayShow ThumbnailsShow CaptionsLast SlideNext SlideMUNCIE, Ind — The Ivy Tech Community College Muncie-Henry County Foundation is launching the Community Wi-Fi Initiative. Through unrestricted donations provided by Marianne Glick and Mike Woods COVID-19 match dollars, they are able to assist students with wireless/internet access points at Earthstone Terrace public housing complex on the southside of Muncie.With the help of IT departments for Ivy Tech Muncie and Muncie Housing Authority, Ivy Tech has established a router/hub in the housing complex office and clubhouse, according to a release. Three laptops, purchased by the Ivy Tech Foundation, have been donated to the Muncie Housing Authority and will be housed in Earthstone’s Community Room for residents who do not have their own computer.  All residents of Earthstone Terrace will have access to the laptops and Wi-Fi.Current Ivy Tech students residing at Earthstone Terrace and already paying for Comcast through the Internet Essentials from Comcast program can submit a request to the Ivy Tech Foundation,  » Read More

Clubhouse, an invitation-only social media app, has announced plans to be fully accessible on Android in Kenya by Friday, 21st May, 2021. The move is aimed at opening up the app to a lot more users worldwide. According to a Tweet, Japan, Brazil and Russia received the Android rollout on Tuesday 18th May, while Nigeria and India are set to get the rollout on Friday 21st, 2021. The app further communicated that the rest of the world will receive Android access throughout the week. Android rollout continues! 🇯🇵🇧🇷 🇷🇺 Japan, Brazil & Russia coming Tuesday 🇳🇬🇮🇳 Nigeria & India on Friday AM 🌐 Rest of world throughout the week, and available worldwide by Friday afternoon — Clubhouse (@Clubhouse) May 16, 2021 The audio-only app hosts live discussions, with opportunities to participate through speaking and listening. While Clubhouse, the app, will be made available on all Android devices, it will still only be accessible via an invite-only process. While, technically, millions more people will be able to access the platform,  » Read More