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The Latest Breaking News from Jasmine Enberg

Donald Trump approves proposed deal to put TikTok under US ownership. Here's what we know

Vice President JD Vance said that “there was some resistance on the Chinese side.

Euronews

Trump signs executive order supporting proposed deal to put TikTok under US ownership

President Donald Trump has signed an executive order declaring that a proposed deal allowing TikTok to continue operating in the United States will be a qualified sale that meets national security concerns laid out by the law

The Independent UK

How will TikTok change for users under the US Trump deal?

A new algorithm, which will be under the control of Trump allies, could lead to a ‘user revolt’, analysts warn

The Independent UK

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Meta faces antitrust claims at trial over Instagram and WhatsApp ownership

Facebook parent faces threats of illegal social media monopoly after spending billions to acquire two platforms

The Guardian - US

Market Tracker Expects Brands' Fear Of Musk To Boost X Ad Revenue

Emarketer on Wednesday forecast that ad revenue at X, formerly Twitter, will grow this year as brands fear retaliation by politically connected owner Elon Musk if they stay away.

International Business Times

Instagram Courts TikTok Stars During Turbulent Times

Meta-owned Instagram has been wooing creators from TikTok as the China-based video-snippet sharing app's future remains uncertain in the United States.

International Business Times

Lemon8: TikTok sister app tops app store amid looming ban

It has become one of the top-ranking free apps on Apple’s app store

The Independent UK

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TikTok Faces US Ban After Losing Court Appeal

TikTok faces a US ban after it lost an appeal on Friday against a law requiring the video-sharing app to divest from its Chinese parent company by January 19.

International Business Times

Creators and entrepreneurs fight back against potential TikTok ban: impact on small businesses sparks outcry

TikTok fuels growth for more than seven million businesses in the United States, a study reveals

Latin Times

TikTok Creators Fear Economic Blow Of US Ban

Ayman Chaudhary turned her love for reading into a living on TikTok, posting video snippets about books like those banned in schools in ultra-conservative parts of the United States.

International Business Times

How the porn bots took over Twitter

Twitter has long had a bot problem, but since moderation on the platform was gutted and paid users were given "prioritization" in replies, the landscape has changed.

WEKU

Meta Platforms Reports Tripled Profit and Surge in Revenue

Meta Platforms Inc., the parent company of Facebook and Instagram, tripled its profit in Q4 2023, fueled by digital advertising and cost-cutting measures.

Top News

Facebook, The Social Network Old-timer, Turns 20

A simple hangout spot for young people when it arrived on the scene 20 years ago, Facebook has since become a battle-hardened behemoth with an insatiable appetite for your attention.

International Business Times

The year of social media soul-searching: Twitter dies, X and Threads are born and AI gets personal

We lost Twitter and got X

The Independent UK

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International Business Times

With Outburst, Musk Puts X's Survival In The Balance

Elon Musk's verbal assault on advertisers who have shunned X (formerly Twitter) threatens to sink the social network further, with the tycoon warning of the platform's demise, just one year after taking control.

The Guardian - UK

TechScape: Are social media giants silencing online content?

As violence on the ground continues, emotions on social media are higher than ever – with critics asking if platforms need more transparency around their algorithms

The Independent UK

Twitter takeover: 1 year later, X struggles with misinformation, advertising and usage decline

One year ago, billionaire Elon Musk walked into Twitter’s San Francisco headquarters with a white bathroom sink and a grin, fired its CEO and other top executives and began transforming the social media platform into what is now known as X

Chicago Sun-Times

TikTok launches shopping feature for users in US

The company said Tuesday its shopping wing, called TikTok Shop, will include several features, such as a “Shop Tab,” a marketplace it’s been testing on the app since August.

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The Guardian - US

Linda Yaccarino: does Twitter’s CEO have the most difficult job in tech?

She’s tasked with saving the company now called X, but Musk might be loth to hand over the reins of his $44bn vanity app

Chicago Sun-Times

Elon Musk reveals new ‘X’ logo to replace Twitter’s blue bird

Elon Musk continues changes at the social media company he bought for $44 billion last year with a rebrand of its bird logo. Musk has long been fascinated with the letter X.

Fortune

Elon Musk’s pain is Mark Zuckerberg’s gain, as Threads soars while Twitter tanks

In less than a week, Threads has already amassed a following of over 100 million users, while several sources report that Twitter’s daily users are dropping.

The Guardian - US

Meta delivered ‘a major blow’ to Twitter. Will it flip the flailing firm’s fortunes?

Meta has been struggling with layoffs, a fledgling metaverse and a decreasing audience. The company needs its new big bet to pay off

Bangkok Post

Meta launches 'Twitter Killer' Threads app

NEW YORK: Meta's Mark Zuckerberg delivered a blow to Elon Musk on Wednesday night, as the tech billionaires' rivalry went live with the launch of Instagram's much-anticipated Threads platform, a clone of Twitter.

The Independent UK

Is Twitter's new CEO heading toward a glass cliff?

Less than two months into his $44 billion purchase of Twitter, Elon Musk declared that whoever took over as the company’s CEO “must like pain a lot.”

Evening Standard

Elon Musk names Linda Yaccarino new Twitter CEO

Twitter owner Elon Musk has confirmed the appointment of former NBCUniversal advertising boss Linda Yaccarino to be Twitter's new chief executive.

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