It's notable that interest rates have risen so much that revenue from cash holdings have grown large enough that their positive earnings impact is broadening.
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Cozy game, interior decorating app, learn-to-code primer or something in between, the interactive, 3D spaces builder known as Rooms has made its way to the App Store. The startup, which earlier raised $10 million in seed funding led by a16z, offers a way to design 3D spaces — its “rooms” — that are filled with […]
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What price privacy? End-to-end encrypted (E2EE) messaging app Signal has put out an interesting overview of the costs required to develop and maintain its pro-privacy systems which shield user data from tracking by default. The blog post, penned by Signal president Meredith Whittaker and developer Joshua Lund, reveals it’s currently spends around $14 million per […]
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Bluesky, the company building a decentralized alternative to Twitter/X, announced today it has hit 2 million users — up by another million since September, despite remaining an invite-only app. It also revealed its timeframe regarding other key goals, indicating that it planned to have a public web interface go live by the end of the […]
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Was Quibi a failure or just before its time? This month, a short video app and Quibi-like entertainment service called ReelShort found its way to the top of the App Store, which led to the app gaining 1.9 million downloads (so far) in the month of November alone. Last Saturday, the app also hit a […]
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Instagram’s Threads app has been duping Twitter/X in a number of ways and today it’s adding one more feature that’s been core to the Twitter experience for years: hashtags. Meta CEO Mark Zuckerberg announced that Threads will begin testing the ability to tag topics on Threads to categorize posts by interest or theme. Though users […]
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Alongside a bevy of creator updates, Instagram is adding a new feature that will allow users to create custom stickers for their Reels and Stories using AI. Driven by Meta’s Segment Anything AI model, the stickers can be created by uploading your own photos or videos from your phone’s Camera Roll, or choosing from eligible […]
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X, formerly Twitter, was caught running unlabeled ads on its platform in September. Now that issue, which has been ongoing, has been brought to the FTC’s attention. An independent non-profit Check My Ads has filed a formal complaint with the U.S. Federal Trade Commission urging an investigation over the advertising practices at X, including the […]
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Meta wants to shift the burden of monitoring social media usage among teens back to the app stores — and to parents. In a blog post published today, Meta’s Global Head of Safety, Antigone Davis, argues that parents should be responsible for approving their teen’s app downloads and staked Meta’s position in supporting federal legislation […]
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Google Photos is rolling out a set of new features today that will leverage AI technologies to better organize and categorize photos for you. With the addition of something called Photo Stacks, Google will use AI to identify the “best” photo from a group of photos taken together and select it as the top pick […]
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There have been a growing number of complaints that Google Search is not as useful as it used to be. In fact, Google execs even admitted that young people are turning to services like TikTok and Instagram for their search needs, or are appending terms like “Reddit” to the end of queries to get more […]
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PayPal-owned Venmo is rolling out a new feature starting today that will allow its users to track and manage multiple expenses among groups — like families or roommates’ household expenses, clubs or sports teams, community organizations and more. With Venmo Groups, users will be able to track, split, manage and settle up these ongoing expenses […]
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