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 Parent to Cut 10% of Global Staff
Snapchat Parent to Cut 10% of Global Staff
February 05, 2024  |  Personnel

Snap has become the latest tech company to cut staff as it chases profitability. The Snapchat parent company announced in a Securities and Exchange Commission (SEC)...

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Report: Snapchat Cuts Dozens of Jobs With More Layoffs Planned
Report: Snapchat Cuts Dozens of Jobs With More Layoffs Planned
February 04, 2024  |  Social Commerce

Snapchat parent Snap has reportedly laid off workers with more job cuts to come. The social media platform cut several dozen staff members last week, Business Insider reported Saturday (Feb....

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Snap Recalls Pixy Camera Drone Over Battery Issues
Snap Recalls Pixy Camera Drone Over Battery Issues
February 01, 2024  |  Technology

Snapchat owner Snap is recalling its pocket-sized drone camera Pixy due to safety concerns. The social media company launched the tiny device in April 2022,...

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Peloton Looks to B2B Subscription Growth to Offset Revenue Challenges
Peloton Looks to B2B Subscription Growth to Offset Revenue Challenges
February 01, 2024  |  Earnings

As Peloton sees its revenue fall, the connected fitness company is looking to capture businesses’ corporate wellness spending to drive subscription growth. The company reported...

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Tinder Sees Subscriptions Drop as Consumers Pull Back Amid Financial Challenges  
Tinder Sees Subscriptions Drop as Consumers Pull Back Amid Financial Challenges  
January 31, 2024  |  Earnings

Tinder is seeing its subscriber counts drop, as ongoing financial challenges put pressure on consumers’ budgets for nonessential services. Online dating giant Match Group shared...

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TikTok Trials Feature to Make All Video Posts Shoppable
TikTok Trials Feature to Make All Video Posts Shoppable
January 29, 2024  |  eCommerce

TikTok is testing a new feature that aims to make all videos posted on the social media platform shoppable, allowing viewers to easily find and...

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X Boosts Content Moderation Teams as Taylor Swift Deep Fakes Go Viral on Platform
X Boosts Content Moderation Teams as Taylor Swift Deep Fakes Go Viral on Platform
January 28, 2024  |  Social Commerce

Social media platform X is hiring 100 content moderators to police child abuse content. “At X, we have zero tolerance for Child Sexual Exploitation (CSE), and we...

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Reddit Pushed by Investors to Seek $5 Billion IPO Valuation
Reddit Pushed by Investors to Seek $5 Billion IPO Valuation
January 28, 2024  |  IPO

Reddit’s potential investors reportedly want the company to seek a $5 billion IPO valuation. That’s according to a report Sunday (Jan. 28) by Bloomberg News, citing...

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Tech Providers Add ‘Buy Button’ Features to Win Subscription Merchants’ Spending
Tech Providers Add ‘Buy Button’ Features to Win Subscription Merchants’ Spending
January 26, 2024  |  eCommerce

With subscription companies seeking more frictionless ways to drive conversion, tech giants are looking to capture the opportunity, offering one-click solutions and other quicker, easier...

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