Twitter's revenue, adjusted earnings drop about 40% in December: report

The report comes after several advertisers slashed their spending on the social-media platform after Elon Musk took charge of the company on October 27

from Tech-Economic Times https://ift.tt/iCJ4MZP

Civil rights audit at Google proposes better tackling of hate speech, misinformation

The review also said that to better tackle misinformation related to elections, the company should ensure that employees with language fluency are more involved in enforcement actions instead of relying on translation.

from Tech-Economic Times https://ift.tt/vjTw0H5

Snapchat blocks fewer children from its app in Britain compared with TikTok, shows data

According to figures recently published by the NSPCC (National Society for the Prevention of Cruelty to Young Children), Snapchat accounted for 43% of cases in which social media was used to distribute indecent images of children.

from Tech-Economic Times https://ift.tt/L1sje2P

ETtech Unwrapped: Confusion, chaos, and disruption in wake of Delhi's bike taxi ban

The notice issued by the Delhi government last week warned bike taxi operators such as Rapido, Ola and Uber to not ply on Delhi roads as it violates the motor vehicle laws.

from Tech-Economic Times https://ift.tt/DMyo6Kq

Meta tweaks its controversial 'cross-check' system for VIPs

The oversight board had called for an overhaul of the company's controversial "cross check" system, which adds a layer of enforcement review for millions of Facebook and Instagram accounts belonging to celebrities, politicians and other influential users, allowing them extra leeway to post content that violates the company's policies.

from Tech-Economic Times https://ift.tt/vnhbjzE

Coinbase buys digital asset firm One River Digital in growth push

The company did not disclose the financial details of the deal, in which ORDAM will become Coinbase Asset Management and operate as a fully-owned unit of Coinbase.

from Tech-Economic Times https://ift.tt/5YRlI8Z

AI boost lifts Broadcom forecast amid lingering enterprise weakness

Broadcom, which supplies chips used in data centres for networking and specialised chips that speed up AI work, expects networking revenue to grow 20% in the current quarter.

from Tech-Economic Times https://ift.tt/5uOtASW