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News in-depthTikTok Inc
How TikTok’s Chinese owner tightened its grip on the app
...Many current and former TikTok workers point to other instances, however, in which the company continues to take direction from ByteDance....
April 25, 2024
Reddit Inc
Reddit removes CEO pay incentives in signal of reduced hopes for IPO
...According to company filings, the social media company in December cancelled chief executive awards that were tied to the company hitting the ambitious market capitalisation following a stock market debut...
March 15, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
InterviewTelegram Messaging
Telegram hits 900mn users as founder considers IPO
...The company this month will introduce revenue sharing with the creators that run its channels, promising them a 50 per cent cut of marketing dollars....
March 11, 2024
News in-depthTikTok Inc
TikTok staff face big US tax bills on shares they cannot sell
...“This is a horribly managed company,” said Spaulding Ryan....
April 9, 2024
Meta Platforms
Zuckerberg defends Meta’s AI spending spree as shares tumble
...Mark Zuckerberg rekindled investor fears that he would not control costs at Meta after vowing to increase spending and turn the social media group into “the leading AI company in the world”, sending its...
April 25, 2024
HTSI
Cillian Murphy is enjoying the moment
...Murphy was there as that film’s lead actor and its co-producer, a debut project under the banner of his new film company Big Things Films....
April 5, 2024
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
Meta Platforms
Meta unveils less ‘sanctimonious’ AI model as tech rivalry heats up
...Facebook’s parent company said on Thursday its latest model, Llama 3, has “vastly improved capabilities”, including the ability to reason, in a step towards human-level intelligence....
April 18, 2024
Transcript
Transcript: Can Telegram clean up its act?
...Hannah Murphy I think he is, you know, loathe to make any changes....
March 15, 2024
Hannah Murphy
Why AI conspiracy videos are spamming social media
...hannah.murphy@ft.com...
March 21, 2024
News in-depthArtificial intelligence
Social media stars face off against deepfake scammers
...One such company, Ceartas, was set up after its founder, Dan Purcell, struggled to find ways to remove intimate images of himself that had leaked online....
April 5, 2024
X Corp
Lawsuit by Musk’s X against anti-hate group dismissed
...In a statement on X, the company said it disagreed with the court’s decisions and “plans to appeal”....
March 25, 2024
Special ReportFuture of AI
Media groups look to AI tools to cut costs and complement storytelling
...Games company Blizzard Entertainment, entertainment group Walt Disney, and news organisation the New York Times are all putting money into it....
March 26, 2024
Elon Musk
Former Twitter executives sue Musk in $128mn severance dispute
...He has publicly criticised them for their running of the platform on several occasions, particularly when he attempted to pull out of the acquisition and sue the company, prompting Twitter to sue him in...
March 4, 2024
ByteDance
ByteDance extends employee share buyback programme to non-US workers
...Globally, employees own about 20 per cent of the company’s stock. ByteDance has approximately 100,000 employees outside the US....
April 11, 2024
Elon Musk
Brazil threatens to regulate social media after clash with Elon Musk
X owner calls for impeachment of Supreme Court judge over order banning certain profiles on platform
April 7, 2024
FT Live
Investing in Piauí – Brazil
Exploring business opportunities and delivering sustainable growth
Friday, 17 May22 Vanderbilt, Madison Avenue, New York, NY, USA
News in-depthMedia
US local news swamped by ‘pink slime’ as political influence ramps up
...Of the pink slime outlets identified by researchers, the largest is the conservative-leaning Metric Media, which consists of about 1,000 local titles, according to the website for its parent company....
April 3, 2024
#techAsia
Huawei goes ‘007’ and TSMC gets a grant Premium content
...as part of their pay packages but have been unable to sell, write the Financial Times’ Tabby Kinder and Hannah Murphy....
April 11, 2024
Reddit Inc
Reddit cashes out in a stellar IPO — but can it grow up?
...This brought its fully diluted market capitalisation to $9.5bn, close to where the company was last valued privately at $10bn in 2021....
March 22, 2024
ReviewBusiness books
Dorsey, Musk, Trump and the battle for Twitter
...Zoë Schiffer Portfolio $30, 352 pages Battle for the Bird: Jack Dorsey, Elon Musk, and the $44 Billion Fight for Twitter’s Soul by Kurt Wagner Hodder & Stoughton £25/Atria Books $30, 368 pages Hannah Murphy...
March 14, 2024
Reddit Inc
Reddit targets valuation as high as $6.5bn in IPO
...Most of the large companies that have listed over the past year have put a strong emphasis on profitability....
March 1, 2024
Reddit Inc
Reddit’s pre-IPO roadshow to kick off next week
...Owned by Intercontinental Exchange, NYSE is expected to pull out all the stops and encourage more companies to follow suit....
March 7, 2024
The Big Read
Telegram: social media giant or the new ‘dark web’?
...The company has a small policy team of around 10 people, as well as several hundred external contractor moderators....
March 12, 2024
Snap Inc
Snap shares sink 35% as revenue falls short of Wall Street expectations
...“The company’s rebound hasn’t kept pace with the big tech titans,” said Insider Intelligence principal analyst Jasmine Enberg....
February 7, 2024
News updates from March 20: Fed signals 75 bps of 2024 cuts; Reddit prices shares at top end of IPO range
Reddit prices shares at top end of IPO range
...Social media company Reddit has priced its shares at $34 apiece ahead of its expected public debut in New York on Thursday, coming in at the top of previous price guidance and giving the company a fully...
March 20, 2024
News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO
Reddit prices shares at top end of IPO range
...Social media company Reddit has priced its shares at $34 apiece ahead of its expected public debut in New York on Thursday, coming in at the top of previous price guidance and giving the company a fully...
March 20, 2024

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