Wire has retracted its reports on Meta after discovering “certain discrepancies” in its news pieces, the Indian outlet said Sunday, marking what should be an end to the high-profile drama with the social juggernaut that captured the interest of newsrooms and tech companies globally for two weeks. The move follows Wire, a small but gutsy […]
Musk has previously gestured at plans for layoffs if he were to buy Twitter, but those cuts could go even deeper than previously imagined. According to a new report from the Washington Post, Musk plans to purge 75% of Twitter’s workforce, or around 5,600 employees. If Musk’s vision for a much leaner platform comes to […]
BeReal, the photo-sharing app, has been a huge hit with Gen Z and beyond. Now with other big social apps rushing to clone some of its no-frills ethos, it’s put together a war chest to work on its next chapter. ZebethMedia has learned that the startup closed a round of $60 million earlier this year. […]
A new startup is setting out to help companies build and harness communities around their products, enabling them to side-step multiple disparate tools and manage everything in a single platform. Founded out of the Czech Republic in 2021, Talkbase launched out of stealth just a couple of weeks back, backed by $2 million in pre-seed funding […]
Snap reported its third quarter earnings Thursday, the first social media company to offer a financial update amidst ongoing economic tumult this quarter. The company, which has seen its stock price plunge to a fraction of what it was worth during 2021’s highs, missed analyst expectations on revenue, bringing in $1.13 billion compared to the […]
Whon Namkoong, the co-chief executive of Kakao, has resigned from his position after a fire incident at a data center last week caused a mass outage at the South Korea’s top instant messaging app KakaoTalk. Namkoong, who joined Kakao in 2015, was elevated to the co-CEO role this March. At a press conference Tuesday, he […]
In July, Reddit jumped on the NFT train, launching an NFT-based marketplace that allows users to purchase blockchain-based profile pictures for a fixed rate. Given the general sentiment around NFTs today, you might assume — like me — that the experiment ended poorly. But the opposite’s the case apparently. Today during a panel at ZebethMedia […]
Meet Omneky, a startup that leverages OpenAI’s DALLE-2 and GPT-3 models to generate visuals and text that can be used in ads for social platforms. The company wants to make online ads both cheaper and more effective thanks to recent innovations in artificial intelligence and computer vision. Omneky is participating in Startup Battlefield at ZebethMedia […]
Indian news outlet The Wire said on Tuesday it is setting up an internal review to assess the documents, information, source material and people it relied on for critical stories on Meta that claimed the social juggernaut gave governing party BJP’s top digital operative an unchecked ability to remove content from Instagram and a series […]
Kanye West, the rapper who also goes by the name Ye, has reached an agreement to buy “uncancelable free speech platform” Parler, the two said in a statement Monday, in a move they said will help individuals express their conservative opinions freely. As part of the deal, financial terms of which were not disclosed, Parler […]
