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Meta's Playbook Of Scale First, Monetize Later Will Continue With WhatsApp And AI
Seeking Alpha· 2025-07-18 14:05
Group 1 - The article highlights the excitement surrounding Shohei Ohtani's performance at Dodger Stadium, indicating a strong fan engagement and interest in baseball events [1] - The mention of the song "Not Like Us" by Kendrick suggests a cultural connection and relevance to the current atmosphere at the stadium, reflecting the intersection of sports and entertainment [1] Group 2 - There is no relevant content regarding company or industry analysis in the provided documents [2][3]
RDDT SECURITIES FRAUD: Reddit, Inc. (NYSE:RDDT) 9% Stock Drop Triggers Class Action Lawsuit – Contact BFA Law by August 18 Legal Deadline
GlobeNewswire News Room· 2025-07-18 13:07
Core Viewpoint - A lawsuit has been filed against Reddit, Inc. and its senior executives for potential violations of federal securities laws, specifically related to misrepresentations about user growth impacted by Google's AI technology [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of California, captioned Tamraz, Jr. v. Reddit, Inc., et al., No. 25-cv-05144 [2]. - Investors have until August 18, 2025, to request to lead the case [2]. Group 2: Allegations Against Reddit - The complaint alleges that Reddit downplayed the negative impact of Google's AI on its user growth, which has been significant as users can find answers directly through Google without visiting Reddit [3][4]. - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Reddit securities [2]. Group 3: Stock Performance - Following the announcement of a slowdown in daily active user growth on May 1, 2025, Reddit's stock price fell by $4.96, or over 4%, from $118.79 to $113.83 per share [5]. - On May 21, 2025, after an analyst cut the stock price target due to concerns over Google's AI, Reddit's stock dropped by $9.79, or over 9%, from $105.64 to $95.85 per share [6].
Trump Media Releases Truth Social App for iPads
Globenewswire· 2025-07-18 12:30
SARASOTA, Fla., July 18, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) ("Trump Media" or the "Company"), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced today that the Company has released a Truth Social app customized for iPad devices. Available by downloading the Truth Social app from the Apple App Store onto an iPad, the app is designed specifically for the iPad operating system (iPadO ...
Meta appoints generative AI VP to run Threads
TechCrunch· 2025-07-17 16:43
In Brief Meta appointed Connor Hayes, Meta’s VP of product for generative AI, to become the head of Threads, per Axios.Until now, Instagram head Adam Mosseri has been in charge of Threads. But the platform has grown into more than a side product of Instagram, necessitating additional leadership. Though Threads only launched in 2023, its mobile daily active user (DAU) numbers are fast approaching those of X, according to market intelligence provider Similarweb. Currently, Threads is averaging around 115 mi ...
Who owns your data? | Dilmurod ?????atov | TEDxAmerican University of Technology
TEDx Talks· 2025-07-17 15:54
Hello everyone. Before I begin, I want to show you something very familiar to all of us. Uh it's probably the passport, right. So if you look on the last page of the passport, it's written very clearly.This passport is a property of the government, not mine. Even though I paid for it and went through very long process to get it, right. But still, it doesn't belong to me.Strange, but it actually makes sense. How. Because government issues it because they are responsible for us, for keeping us safe, for track ...
Mark Zuckerberg, Sheryl Sandberg spared from testifying after settling Meta shareholders' $8B privacy lawsuit
New York Post· 2025-07-17 15:33
Mark Zuckerberg and current and former directors and officers of Meta Platforms agreed on Thursday to settle claims seeking $8 billion for the damage they allegedly caused the company by allowing repeated violations of Facebook users’ privacy, a lawyer for the shareholders told a Delaware judge on Thursday.The parties did not disclose details of the settlement and defense lawyers did not address the judge, Kathaleen McCormick of the Delaware Court of Chancery. McCormick adjourned the trial just as it was to ...
Zuckerberg and Meta investors reach settlement in $8B privacy case
TechCrunch· 2025-07-17 15:25
In Brief Mark Zuckerberg and other current and former Meta executives have settled a lawsuit filed by a group of shareholders. They were seeking $8 billion for the damage the executives caused the company by allowing repeated violations of Facebook users’ privacy in relation to the Cambridge Analytica scandal.The parties did not disclose details of the settlement, according to Reuters. Facebook shareholders filed a lawsuit against Mark Zuckerberg, former COO Sheryl Sandberg, and other executives, alleging ...
Zuckerberg and Meta officers settle claim they lost company billions by violating privacy laws
The Guardian· 2025-07-17 15:16
Mark Zuckerberg and current and former directors and officers of Meta Platforms agreed on Thursday to settle claims seeking $8bn for the damage they allegedly caused the company by allowing repeated violations of Facebook users’ privacy, a lawyer for the shareholders told a Delaware judge on Thursday.The parties did not disclose details of the settlement and defense lawyers did not address the judge, Kathaleen McCormick of the Delaware court of chancery. McCormick adjourned the trial just as it was to enter ...
X @Bloomberg
Bloomberg· 2025-07-17 14:35
A lawyer for Meta investors says that his clients have reached a settlement with current and former directors at the company to end a multibillion dollar case in Delaware https://t.co/LMf4axZqP7 ...
Roblox launches new age verification system to unlock unfiltered chats
CNBC· 2025-07-17 11:00
Users over 13 years old will be prompted to use the facial-analysis software to estimate their age and determine whether they can access the new "trusted connections" feature that allows them to engage in private, unfiltered chats with other age-screened users, Ebanks said.Roblox's use of age-estimation tech will help the company "confirm the age of our users and give them more tailored and age-appropriate features," said Ryan Ebanks, a Roblox principal product manager for social products.Social media compa ...