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Reddit CEO: TikTok is ‘fundamentally parasitic’

TikTok is one of the hottest social media platforms but the CEO of Reddit had some harsh words for the popular app, calling it “fundamentally parasitic” at an event Wednesday. The comments from Reddit CEO and co-founder Steve Huffman were some of the more controversial offered up during a panel discussion with former public policy exec Elliot Schrage and former Facebook VP of Product Sam Lessin. During a brief conversation about the feature innovations of TikTok, Huffman pushed back hard o...
Tags: TC, Facebook, Tech, Reddit, Silicon Valley, Lightspeed Venture Partners, Steve Huffman, Don, Huffman, Sam Lessin, Lessin, Elliot Schrage, Bytedance, Tiktok, TikTok Huffman


People are turning to Etsy for coronavirus-proof face masks, but it seems to be full of counterfeit antiviral gear that doesn't work

The demand for face masks and other preventive products have reached a fever pitch due to the coronavirus outbreak, and many are turning to e-commerce sites to make purchases. So many people are turning to Etsy that "face masks for germs" became one of the top searches, and more than 200 postings for face masks have sprung up in the past two days. Even as sites like Facebook and Amazon have added links and resources for learning more about COVID-19, Etsy has stayed quiet on any precautionary o...
Tags: Apple, Amazon, Facebook, Etsy, Cdc, Trends, Beverly Hills, Jeff Bezos, Amazon Facebook, Etsy With, Center of Disease Control


Data Breach at Controversial Face Recognition Firm Shows Company Can't Be Trusted, Officials Say

A security breach at a face-recognition startup, already embattled over its unfettered collection of Americans’ personal data on behalf of its hundreds of law enforcement clients, further underscores the potential hazards faced by consumers at the hands of a controversial and largely-unregulated surveillance technologyRead more...
Tags: Google, Facebook, Science, Face Recognition, Surveillance Tech, Clearview AI


Facebook Would Have To Pay $3.50 Per Month To US Users For Sharing Contact Info, Study Finds

German Facebook users would want the social media platform to pay them about $8 per month for sharing their contact information, while U.S. users would only seek $3.50, according to a study of how people in various countries value their private information. From a report: The study by U.S. based think tank the Technology Policy Institute (TPI) is the first that attempts to quantify the value of online privacy and data. It assessed how much privacy is worth in six countries by looking at the habi...
Tags: Google, Facebook, Youtube, US, Tech, Argentina, Reuters, Facebook Inc, TPI, Technology Policy Institute TPI, United States Germany Mexico Brazil Columbia, Scott Wallsten


Lerer Hippeau leads $6M investment in Pinterest-like digital asset manager Air

When it comes to the so-called “consumerization of the enterprise,” a workplace tool that looks an awful lot like Pinterest seems like it would be the trend’s final form. Brooklyn-based Air is building a digital asset manager for communications teams that aren’t satisfied with more general cloud storage options and want something that can show off visual files with a bit more pizazz. The startup tells TechCrunch that they have closed a $6 million seed round led by Lerer Hippeau. RedSea Ventures,...
Tags: Google, Google Drive, Startups, TC, Facebook, Pinterest, Tech, Brooklyn, Air, Lerer Hippeau, Ben Lerer, Recent Funding, Airtable, RedSea Ventures Advancit Capital WndrCo, TechCrunch Air, Shane Hegde


Daily Crunch: Disney CEO Bob Iger steps down

Yesterday was a big day for executive moves, with Bob Iger stepping down as Disney CEO and Keith Block stepping down as Salesforce co-CEO. Meanwhile, Facebook has acquired another VR game studio and the owner of The Players’ Tribune has raised more funding. Here’s your Daily Crunch for February 26, 2020. 1. Disney CEO Bob Iger immediately steps down from CEO position The Walt Disney Company announced yesterday that Robert Iger, the company’s long-time CEO who ushered in the company’s lush fra...
Tags: Facebook, Media, Entertainment, Southeast Asia, Singapore, Disney, Tech, Canada, Iger, Bob, Salesforce, Vietnam, Twilio, Marc Benioff, The Walt Disney Company, The Walt Disney Co


Facebook’s Libra Association adds crypto prime broker Tagomi

$28 million-funded crypto startup Tagomi will be the newest member of the Libra Association that governs the Facebook-backed Libra stablecoin, TechCrunch has learned. A formal announcement of Tagomi joining was slated for Friday or next week. Tagomi offers a platform that helps large traders and funds easily access cryptocurrency markets. The news comes days after Libra added Shopify, a reversal of dwindling membership after major partners like Visa, PayPal, and Stripe dropped out late last y...
Tags: Startups, TC, Mobile, Facebook, Finance, US, Tech, Eu, Payments, Libra, Shopify, Cryptocurrency, Blockchain, Union Square Ventures, Campbell, Jennifer


Hasura raises $9.9M Series A to simplify GraphQL for developers

Hasura, a startup working to solve developer problems around connecting to databases when using the open source GraphQL tool, announced a $9.9 million Series A investment today. Vertex Ventures US led the round with participation from SAP.iO Fund and existing investors Nexus Venture Partners and Strive VC. A number of angel investors also participated in the round. The company has raised a total of approximately $11.5 million. GraphQL is an open source tool originally developed at Facebook in...
Tags: Startups, Open Source, Facebook, Developer, Funding, San Francisco, Tech, Databases, APIs, Nexus Venture Partners, Gopal, Vertex Ventures, Hasura, Tanmai Gopal, Vertex Ventures US


The Size of Asteroids Compared to New York City

The smallest asteroid measures 4.1 meters in diameter; the largest 939 kilometers, or 580 miles. Created by 3D animator Alvaro Gracia Montoya, the data on asteroid sizes was all gleaned from Wikipedia... Would you like to support the mission of Open Culture? Please consider making a donation to our site. It's hard to rely 100% on ads, and your contributions will help us continue providing the best free cultural and educational materials to learners everywhere. Also consider following ...
Tags: Google, Facebook, Astronomy, College, Wikipedia, New York City, Facebook Twitter, Alvaro Gracia Montoya


Why social networks want even more gaming

Even if you don’t play games, you have spent years of your life in one or more virtual worlds. Social media platforms like Facebook, Twitter, Instagram and WeChat are lightweight versions of virtual worlds. They don’t offer terrain for avatars to explore, but they are neighborhoods within cyberspace where we store assets, develop relationships and, in some instances, might even choose to hide behind an alias. The faces we present on these platforms are different from the ones we show our frie...
Tags: TC, Gaming, Facebook, Twitter, Instagram, Tech, Virtual Worlds, WeChat, Virtual Reality, Augmented Reality, Ccp Games, Ccp, Facebook Twitter Instagram, Fortnite, Hilmar Veigar Petursson


Here are the diets of notable tech billionaires, from Mark Zuckergberg's 'kill what you eat' routine to Bill Gates' Diet Coke obsession

Billionaires may splurge on multi-million-dollar estates and luxury cars, but that doesn't mean they're digging deep in their wallets for the best and most expensive foods. Some tech billionaires are well known for their outrageous and unhealthy eating habits. These are some of the richest in the tech world who have spoken publicly about their diets. Visit Business Insider's homepage for more stories. Just because billionaires have the money to pay for pricey personal chefs or high-end health...
Tags: Apple, Amazon, Facebook, Mark Zuckerberg, Spacex, Elon Musk, Steve Jobs, New York City, Trends, Tesla, Daily Mail, Bill Gates, Mark Cuban, Reddit, Virgin Group, Richard Branson


What Are The Top Challenges Facing Digital News Publications In 2020?

The decline of the printed press is nothing new. I mean, hello, it’s 2020. Are you going to buy a newspaper from your local newsagent or are you going to pick up your phone and scroll through Facebook/find out what’s trending on Twitter? If you’re under the age of 30, I guarantee it’s the latter. In fact, I’d bet my pet Chihuahua on it… …Cue a shameless excuse to include a photo of my pet Chihuahua Boris – cute, isn’t he? Anyway, back to the matter at hand. As a former Journalism student, lesso...
Tags: Google, Amazon, Facebook, UK, Sweden, Washington Post, Seo, Sem, Snapchat, Netflix, Daily Mail, NHS, Ofcom, Norway, University of Oxford, Times


China's coronavirus lockdown is economically terrible for almost everyone except delivery, news, and gaming apps

Analysis of China's app usage shows that citizens are turning to their phones to keep themselves entertained and fed during the coronavirus outbreak. Social media, news apps, and video games have all seen a significant increase in installs and engagement according to analysis by Goldman Sachs. Sensor Tower also found food and delivery app downloads have spiked. Markets are rattled by the potential spread of the coronavirus, with Apple, Disney, and Starbucks all seeing disruption to business. V...
Tags: Apple, Facebook, China, Trends, Alibaba, Goldman Sachs, Starbucks, Wuhan, Financial Times, App Annie, Apple Disney, Sensor Tower, Honor of Kings, Douyin, Goldman Sachs Sensor Tower, Goldman Sachs Figures


Long term room-rental platform Badi launches its service in NYC

As things stand in many countries, renting houses and whole apartments is relatively straightforward, if you can afford it. But trying to find rooms in those apartments and houses to rent has been chaotic for many years and relies on hugely informal networks. Some startups have launched in recent years to address this problem of finding roommates and rooms for rent as the market becomes more competitive. Roomi (NYC, raised $17M), Roomster is in NYC, and then there’s SpareRoom. All have appeared ...
Tags: TC, Facebook, Europe, London, Craigslist, Berlin, New York City, Tech, Spain, Barcelona, United States, United Nations, Madrid, Roommate, Goodwater Capital, Common


The life and rise of Kevin Systrom, Instagram's former CEO who shocked Facebook by quitting 6 years after selling his company to Mark Zuckerberg for $1 billion (FB)

Kevin Systrom launched Instagram in 2010.  The Massachusetts-born Stanford University grad created the app because of his love of photography.  The photo-sharing app has since become a global sensation, amassing over a billion users and making Systrom a billionaire. Systrom led Instagram until 2018, when he suddenly departed Facebook, Instagram's parent company.  Visit Business Insider's homepage for more stories. Instagram grew out of Kevin Systrom's love of photography. The app, which has ...
Tags: Apple, Google, Facebook, Mark Zuckerberg, Instagram, Steve Jobs, Stanford, Boston, Massachusetts, Trends, Pope Francis, Vatican, Ben Horowitz, Jack Dorsey, Fast Company, Kevin Systrom


Are You Sharing Too Much Information about Your Child Online?

Is it ever okay to discuss your child’s problems online? What if you are merely seeking advice? How do you know where to draw the line?  It is tempting to turn to the internet for quick answers and support. Perhaps your child is out of control. Or depressed. Or struggling in school. And you need advice… fast. It is comforting, helpful, and downright cathartic to vent and ask for guidance. We all know how worries and frustration can overwhelm. No family escapes the parenting years unscathed! ...
Tags: Psychology, Google, Facebook, Technology, Teens, Parenting, Social Media, Children And Teens, Al Anon, National Alliance


Mike Bloomberg’s campaign is polluting the internet

From doctored videos to fake quotes, the presidential candidate is muddying the water online – and it’s workingIf a dumpster is already on fire, is there any harm in throwing some more trash into it?Mike Bloomberg’s campaign has spent the last month unapologetically performing the digital equivalent of dumping buckets of fresh garbage into the trash fire that is internet discourse in 2020, apparently with little or no concern for the toxic side effects. Continue reading...
Tags: Facebook, Twitter, Technology, Instagram, Social Networking, Internet, Social Media, Bloomberg, US news, Mike Bloomberg, US elections 2020


The Permanent Legacy Foundation Wants to Preserve Your Digital Legacy for Future Generations

“Digital storage is easy; digital preservation is hard.” -Stewart Brand, The Clock of the Long Now (01999) In March of 02019, MySpace, the one-time de facto social media network before the rise of Facebook, announced that it had lost 12 years’ worth of users’ songs, photos, and videos during a data migration. In emails to angry users who demanded to know what happened to their data, the company admitted there was no way to recover it. A sizable chunk of internet history was lost forever...
Tags: Facebook, Future, Brand, Earth, Mars, Permanent, Friedman, Getty Center, Alexis Madrigal, Digital Dark Age, Long Now Foundation, Long Now Long Now, Ahmed Kabil, Long Now Partners, Long Now Co Founder Stewart Brand, Robert Friedman


How to distribute your beats

There are many platforms online that can help with advertising and selling licenses to your beats for other artists to use in there music. You can also benefit from distributing your beats to stores through RouteNote. Here’s how we can help you out. The following tips depending on the sort of license you’re handing out to artists. Be sure you know exactly what you’re promising artists in terms of how and where they can use and sell your music before implementing any of the below. Dist...
Tags: Apple, Amazon, Google Play, Facebook, Spotify, Music, Instagram, Free, Youtube, Rap, Online, Itunes, Hip-hop, Beats, Stores, Tidal


FIR 192: The latest employee revolt

The February episode of “The Hobson & Holtz Report” features Neville and Shel discussing these topics: The Houston Astros’ owner hosts a clinic on how not to deliver an organizational apologyOracle workers are the latest to engage in employee activismFacebook has way more users than Instagram but Instagram is number one in some important metricsAn IPO filing lists the company’s influencers as a potential threatHow brands should handle communications during the coronavirus epidemicTwitter...
Tags: Google, Facebook, Business, Technology, Instagram, Workplace, Marketing, Social Media, Communication, Journalism, Public Relations, Blogging, Ethics, Larry Ellison, Casper, Oracle


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Wednesday. . A spokesperson told Business Insider that Facebook will also take down ads which try to create a "sense of urgency" around the outbreak. Salesforce co-CEO Keith Block has stepped down from his role as co-CEO. Marc Benioff will again be the company's sole CEO, while Block will stay on as an adviser to him through February 25, 2021. Amazon is reportedly deleting some third-party listings that jack up surgical mask prices as ...
Tags: Google, Amazon, Facebook, US, Trends, Tesla, Airbnb, Louisiana, Foxconn, Expedia, Alexa, Marc Benioff, Block, National Transportation Safety Board, Amazon Alexa, Keith Block


Minute Media raises $40M more for its user-generated, syndication-based sports publishing platform

When it comes to the internet, content may be king, but in many cases, the emperor has no clothes: that is to say, the masses may click on interesting stories, video, music and other media, but building a lucrative business around that content can be a struggle, with advertising-based models often providing little in the way of margins except for the very biggest properties (and even then, it can a tough balancing act managing costs). A startup called Minute Media believes that it has found a wa...
Tags: TC, Facebook, London, Tech, Cms, Meredith, Derek Jeter, Players Tribune, Time Inc, Bryant, Dawn Capital, Sabrina Ionescu, Peled, Maor Investments, Haakon Overli, Minute Media


Rappler editor Maria Ressa: 'They could shut us down tomorrow'

Philippines journalist leading war on fake news may be jailed for 12 years on libel charges“The toughest part is not knowing whether it’s going to be a normal day, or a not normal day,” says Maria Ressa, speaking by phone from her office in Manila. A former CNN bureau chief who spent two decades as an investigative reporter, Ressa is the founder of a news website that has found itself on the frontline of the global disinformation wars.Since the summer of 2016, her reporters at Rappler have been ...
Tags: Facebook, Technology, Media, Social Networking, Social Media, World news, Cnn, Asia Pacific, Philippines, Digital Media, Manila, Rodrigo Duterte, Philippines Continue, Rappler, Maria Ressa, Ressa


A new book about Facebook leaves out a glaring detail about Mark Zuckerberg's views toward privacy in the social network's early days (FB)

In "Facebook: The Inside Story," author Steven Levy offers an unprecedented look into how Mark Zuckerberg built Facebook into the world's largest social network. Levy, a writer at Wired magazine, says Zuckerberg  "vowed to make privacy a core component" of Facebook from its early days, but noted he often fell short of that aim. However, the book leaves out a series of messages sent by Zuckerberg, first reported by Business Insider in 2010, where he calls people "dumb f--ks" for trusting him wi...
Tags: Apple, Facebook, Mark Zuckerberg, Trends, Harvard, Levy, Beverly Hills, Jeff Bezos, Federal Trade Commission, Zuckerberg, Crimson, Steven Levy, Wired Magazine, Cambridge Analytica, The Harvard Crimson, Harvard Zuckerberg


Roger Stone Judge Scolds Trump, Allies Over Claims of Jury Bias

(Bloomberg) -- Three of the jurors who convicted Republican operative Roger Stone for lying to Congress and witness tampering testified that political bias played no role in their decision, pushing back against Stone’s contention that he deserves a new trial.U.S. District Judge Amy Berman Jackson did not issue a ruling at the end of a Tuesday hearing on Stone’s request. But the judge said a juror’s social media posts criticizing President Donald Trump did not necessarily mean she was biased agai...
Tags: Google, Facebook, New York, News, Obama, Congress, Washington, Bloomberg, Cnn, United States, Fox News, Jackson, Republican, Donald Trump, Justice Department, Trump


Users would tell Facebook their bank balance for $8.44 a month

Study of people across six countries finds German users would charge most for sharing personal dataGerman Facebook users would want the social media platform to pay them about $8 per month for sharing their contact information, while US users would only seek $3.50, according to a study of how people in various countries value their private information.The study by US-based thinktank the Technology Policy Institute (TPI) is the first that attempts to quantify the value of online privacy and data....
Tags: Facebook, Technology, Media, Privacy, Social Networking, US, World news, Argentina, Technology Policy Institute TPI, United States Germany Mexico Brazil Columbia


Facebook users would tell social media platform their bank balance for $8.44 a month

Study of people across six countries finds German users would charge most for sharing personal dataGerman Facebook users would want the social media platform to pay them about $8 per month for sharing their contact information, while US users would only seek $3.50, according to a study of how people in various countries value their private information.The study by US-based thinktank the Technology Policy Institute (TPI) is the first that attempts to quantify the value of online privacy and data....
Tags: Facebook, Technology, Media, Privacy, Social Networking, US, World news, Argentina, Technology Policy Institute TPI, United States Germany Mexico Brazil Columbia


Facebook acquires the VR game studio behind one of the Rift’s best games

Facebook is aiming to build on its VR hardware launches of 2019 with an investment in virtual reality software. Facebook announced today that it has acquired Bay Area VR studio Sanzaru Games, the developer of Asgard’s Wrath, considered by many enthusiasts to be one of the Oculus Rift’s best games. Terms of the deal weren’t disclosed, but the studio will continue to operate its offices in the US and Canada with “the vast majority” of employees coming aboard following the acquisition, Facebook say...
Tags: TC, Facebook, US, Tech, Canada, Virtual Reality, Asgard, Wrath, Sanzaru, Marvel Powers United Vr, Bay Area VR, Oculus Studios Sanzaru, Spyro Following Facebook


Facebook acquires the VR game studio behind one of the Rift’s best titles

Facebook is aiming to build on its VR hardware launches of 2019 with an investment in virtual reality software. Facebook announced today that it has acquired Bay Area VR studio Sanzaru Games, the developer of “Asgard’s Wrath,” considered by many enthusiasts to be one of the Oculus Rift’s best games. Terms of the deal weren’t disclosed, but the studio will continue to operate its offices in the U.S. and Canada with “the vast majority” of employees coming aboard following the acquisition, Faceb...
Tags: TC, Gaming, Facebook, Tech, Canada, M&a, Virtual Reality, Oculus Rift, Asgard, Wrath, Sanzaru, Sanzaru Games, Marvel Powers United Vr, Bay Area VR, Oculus Studios Sanzaru, Spyro Following Facebook


Who's running Mike Bloomberg's secretive agency, Netflix's 'postmortem' emails, and Google's advertising push for Maps

Hi! Welcome to the Advertising and Media Insider newsletter. I'm Tanya Dua, a senior advertising reporter filling in for Lucia this week. If you're new to this email, sign up for your own here. Send me tips or feedback at [email protected] Before I get into the past week's news, a plug: We're publishingBusiness Insider's inaugural list of rising stars of brand marketing. Learn more and submit your ideas by Feb. 28 here and feel free to email me with any questions. Now, onto the news. As...
Tags: Google, Facebook, New York, NFL, Trends, CMO, Bloomberg, Netflix, Edelman, Google Maps, Donald Trump, Burger King, Coke, Viacom, Lucia, Hershey



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