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.

Snapchat+ Surpasses 7 Million Subscribers, Adds New Generative AI Tools
Snapchat+ Surpasses 7 Million Subscribers, Adds New Generative AI Tools
December 12, 2023  |  Artificial Intelligence

Snap said Snapchat+ now has more than 7 million subscribers. The company made the announcement while unveiling the latest generative artificial intelligence features it has...

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Brands Target Consumer Food Spend on Social Media
Brands Target Consumer Food Spend on Social Media
December 12, 2023  |  Social Commerce

Consumers are using social media to buy products, and apparel, beauty, and food and beverage are the three categories they shop the most. A total...

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TikTok Surpasses $10 Billion in Consumer Spending 
TikTok Surpasses $10 Billion in Consumer Spending 
December 11, 2023  |  Social Commerce

TikTok has generated $10 billion in consumer spending, becoming the first non-game mobile app to do so.  The social video app has raised $3.8 billion this...

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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  |  Partnerships

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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