Causing ‘psychological harm’ to be added to the Online Safety Bill November 1, 2021 Online abusers could face two years in prison for sending messages or posting content that causes psychological harm under the new parliamentary bill.
Twitter falls short of user estimates as class action weighs on losses October 26, 2021 Twitter’s monetisable daily active users fell short, the company reported. In its third quarter results, the social media platform registered 211 daily active users, falling short when compared to analysts’ estimates of 212.6 million. “Average monetizable daily active users (mDAU) reached 211 million, up 13 per cent year over year in the third quarter, accelerating [...]
Trump to launch social media app, TRUTH Social October 21, 2021 Former U.S. President Donald Trump will launch his own social media app, TRUTH Social to "create a rival to the liberal media consortium and fight back against the "Big Tech” companies of Silicon Valley."
Twitter jumps on crypto bandwagon as it rolls out Bitcoin tipping functionality September 24, 2021 Twitter will now allow people to tip their favourite content creators with bitcoin and it will test new ways to help users have a safer experience on the social media app, the company said last night. Watch the full report.
Twitter to stump up £592m to settle claims it misled investors about user base growth September 21, 2021 Social media giant Twitter said early this morning UK time it has agreed to pay $809.5m, about £592m, to settle a consolidated class action lawsuit alleging that the company misled investors about how much its user base was growing and how much users interacted with its platform. The San Francisco-based company said the proposed settlement, [...]
Twitter debuts ‘safety mode’ autoblocking to curb online abuse September 1, 2021 Twitter has unveiled a new feature called “Safety Mode” that will allow users to temporarily block accounts for seven days if they use harmful language or send uninvited replies and mentions. The social media giant said in a blog post today that it had begun testing the safety feature on a small feedback group of [...]
Afterpay marketing costs double in bid to secure US payments market August 25, 2021 Australian transactions firm Afterpay has watched its losses widen in the past year, as it ramped up costs in a bid to secure the US market. Marketing costs more than doubled in the year to June, as the firm attempted to capitalise on the pandemic-induced buy now, pay later (BNPL) services boom – which accompanied [...]
Twitter to introduce autoblocking after Euro 2020 racist abuse August 10, 2021 Twitter will trial automatic blocking of accounts that post harmful language after Brits used the platform to hurl racist abuse at England footballers following the Euros final. The social media giant said the UK was “by far” the biggest source of abusive tweets sent on the night of England’s defeat to Italy and in the [...]
Screenshot: Will the digital advertising boom ever end? July 30, 2021 This week **Media Moment of the Week: You are what you tweet **Will the digital advertising boom ever end? **Esports: Britain’s next big thing? Media Moment of the Week: You are what you tweet You know the scenario: someone says something you don’t like on Twitter and you have an overwhelming urge to rise to [...]
Twitter beats revenue expectations after advertising revamp July 23, 2021 Twitter has reported better-than-expected revenue growth in its second quarter as the social media site reaped the rewards of an overhaul of its advertising service. The tech firm posted total revenue of $1.19bn in the three months to the end of June, up 74 per cent on the same period last year and ahead of [...]