More money changed hands trading Truth Social today than the most active small-cap ETF
, the parent company of Truth Social, just had an absolutely monster day. More than 105 million shares of DJT changed hands, breaking the 100 million threshold for the first time amid a surge of 21.6%...
Podcasts have become a huge part of the election cycle
Thousands of Donald Trump supporters were left waiting at a rally in Michigan on Friday, after the Republican candidate rearranged his packed schedule to record a three-hour interview with Joe Rogan —...
Meta blocks celebrity private-jet tracking accounts
changed course and suspended a number of accounts on Threads and Instagram that tracked the planes of famous figures yesterday, shifting their policy on the practice. The accounts tracked the location...
More than half of new Netflix signups were for the cheaper advertising tier
More than half of Netflix sign-ups were for its tier with advertising last quarter, a number that’s been steadily climbing since the company unveiled its less expensive ad-subsidized memberships at t...
How Netflix makes its money, and why it won the streaming wars, in 7 charts
Yesterday rubber-stamped an idea that began as a whisper last year and has slowly become more evident with every passing quarter: the streaming wars are over, and Reed Hastings’ company came out on t...
EU considers using revenue from Elon Musk’s other companies to determine fine for X
It’s no secret that X’s sales aren’t looking so hot. Ad revenue has been dropping and the company is struggling to grow its premium-subscription business. Perhaps that’s why the EU is considering fact...
Meta will suppress your posts if you use the word “vote”
It’s less than three weeks until election day in the US, and , the owner of three of the largest social networks on the planet, would rather you don’t talk politics. In fact, just including the word “...
TikTok knew it harmed teens, lawsuit reveals
A poorly redacted document in a multistate lawsuit against TikTok reveals that company executives are well aware of many harms their addictive app can inflict on teens. NPR reporters were able to view...
The online “funhouse mirror” distorting everyone’s reality
A small, vocal minority is distorting our view of what’s normal online. That’s the conclusion of a new paper from researchers at New York University, “Inside the funhouse mirror factory: How social me...
Threads just had its biggest month ever
Last month, threads.net racked up 21.7 million hits from US visitors to its website on mobile and desktop, the most that the site has recorded since its high-profile, Instagram-rocket-boosted launch, ...
Amazon saw you didn’t mind ads on Prime Video, so it’s giving you more
Eight months ago started shoving ads into your movies and shows on Prime Video, even as a paying subscriber. The company was waiting to see if the move resulted in a drop in subscriptions. Turns out ...
CNN, America’s most visited news website, set to trial a paywall next month
This just in… next month, CNN will start experimenting with breaking some news to paid subscribers exclusively. As reported by The New York Times , the network is trialing a “metered” paywall on its w...
Either Zuck or nothing
Mark Zuckerberg just wrapped up the keynote address at Meta Connect, the company’s annual developer conference. Clad in an oversized black T-shirt emblazoned with Latin text reading “aut Zuck aut nihi...
LinkedIn has become an obsession of top corporate brass. What gives?
More and more, top company executives are posting on LinkedIn. Since the beginning of the year there’s been a 23% increase in posts by CEOs on the site, according to LinkedIn, and a lot more of their ...
TikTok had a music subscription service and it’s shutting down
Good-bye TikTok Music, we hardly new ye (existed). TikTok launched the music subscription service last year, hoping to channel its ability to make songs go viral into another revenue source. The Spoti...
X’s new home is a bodega and 15 trailers in a trench coat
In July, Elon Musk announced the company formerly known as Twitter would be moving to Austin. Not quite. According to Forbes , which cites court documents, Bastrop County, Texas, will be the new home ...
FTC: Here’s how social media and streaming companies are exploiting your data
A new detailed report by the FTC exposes the ways the biggest social media and streaming companies have been monetizing our data. And the lack of a comprehensive federal privacy law has basically let ...
Netflix’s real competition in the streaming wars might be YouTube, not Disney or Amazon
With its stock up ~50%, an almost ever-rising sub count, a silver medal in this year’s Emmy rankings , and analysts and publications tripping over themselves to crown it victor of the streaming wars, ...
Teens’ Instagram accounts get more restrictions, but only the concepts of a plan to find them
Three years after leaked documents showed that Meta knew Instagram was harming teen girls’ mental health and a year after more than 30 states sued the company alleging marketing practices that exploit...
YouTube's founder mode, according to MrBeast
The most famous man on YouTube, Jimmy Donaldson aka MrBeast, is making new waves on Twitter with the apparent leak of a 36-page internal document for new employees at his production company titled "Ho...