Social Media

Social media are interactive computer-mediated technologies that facilitate the creation and sharing of information, ideas, career interests and other forms of expression via virtual communities and networks.
X’s Money Movement Push Comes as Regulators Warn of Non-Bank Financial Risks
X’s Money Movement Push Comes as Regulators Warn of Non-Bank Financial Risks
December 11, 2023  |  Digital Payments

X, formerly known Twitter, has been laying the groundwork state by state to move further into money movement. In doing so, the social media stalwart...

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TikTok Invests $1.5 Billion in Indonesia’s eCommerce Platform Tokopedia
TikTok Invests $1.5 Billion in Indonesia’s eCommerce Platform Tokopedia
December 11, 2023  |  Acquisitions

TikTok is reportedly investing $1.5 billion in Tokopedia to salvage its Indonesian eCommerce efforts. The company is set to take a controlling 75.01% stake in Tokopedia, the eCommerce arm of Indonesia’s GoTo...

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Report: Snapchat Subscription Service Sees Best Month Ever
Report: Snapchat Subscription Service Sees Best Month Ever
December 10, 2023  |  Subscriptions

Snapchat’s premium subscription service has reportedly just enjoyed its best month ever. The social media platform’s Snapchat+ offering recorded more than $20 million in revenue in November...

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Nextdoor Launches Self-Service Portal for Advertising, Content APIs
Nextdoor Launches Self-Service Portal for Advertising, Content APIs
December 08, 2023  |  API

Neighborhood network Nextdoor has launched a self-service portal that allows organizations to access its application programming interface (API) options and use them to connect with potential customers. ...

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Gen Z Tops Millennials on Social Media Shopping and Spending
Gen Z Tops Millennials on Social Media Shopping and Spending
December 07, 2023  |  Social Commerce

Generation Z consumers are more likely to use Instagram and TikTok to search for products than other generations. They often turn to social media to...

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Meta Testing More Than 20 Generative AI Features Across Platforms
Meta Testing More Than 20 Generative AI Features Across Platforms
December 06, 2023  |  artificial intelligence

Meta Platforms is reportedly testing more than 20 generative artificial intelligence (AI) features across Facebook, Instagram, Messenger and WhatsApp. These features cover various aspects, including...

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Nearly 1 in 5 Social Media Shoppers Used PayPal for Their Most Recent In-App Purchase
Nearly 1 in 5 Social Media Shoppers Used PayPal for Their Most Recent In-App Purchase
December 06, 2023  |  Social Commerce

Social media platforms like Facebook, Instagram and TikTok have revolutionized the way consumers shop and interact with brands, with each channel meeting different consumer interests...

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Social Virtual Reality Platform VRChat Launches Paid Subscriptions
Social Virtual Reality Platform VRChat Launches Paid Subscriptions
December 05, 2023  |  Subscriptions

Social virtual reality (VR) platform VRChat has begun rolling out its new Creator Economy, starting with the introduction of Paid Subscriptions. This new feature allows...

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TikTok Brings Ticketmaster Purchasing Program to 20 New Markets
TikTok Brings Ticketmaster Purchasing Program to 20 New Markets
December 04, 2023  |  Partnerships

TikTok and Ticketmaster are expanding their in-app ticketing partnership to 20 new markets. The partnership, launched last year in the U.S., is now being offered to users in the U.K.,...

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