TikTok has shaken up its senior ranks, replacing several senior executives including the person running its trust & safety unit, which handles content moderation, and appointing a protege of CEO Shou Zi Chew to oversee that part of the business, according to people at the company and a memo distributed to staff.The shakeup comes weeks after Chew testified before Congress about how TikTok deals with content that could be harmful for children, and suggests the executive is trying to take more control of content moderation, a contentious issue for all social media apps.…TikTok has shaken up its senior ranks, replacing several senior executives including the person running its trust & safety unit, which handles content moderation, and appointing a protege of CEO Shou Zi Chew to oversee that part of the business, according to people at the company and a memo distributed to staff.The shakeup comes weeks after Chew testified before Congress about how TikTok deals with content that could be harmful for children, and suggests the executive is trying to take more control of content moderation, a contentious issue for all social media apps.WW…

Two years ago, Dmitry Shapiro and Sean Thielen were so optimistic about the booming creator economy that they pivoted their startup to a new product: a simple tool called Koji that lets influencers more easily link to their online tip jars, merch and other services in their social media bios. Sure, there were already dozens of other startups offering a similar type of product, but that didn’t stop the two men from raising $20 million for their company, GoMeta.Now Shapiro and Thielen want out of the creator economy.The link-in-bio business—Koji took a cut of transactions that occur through...…Two years ago, Dmitry Shapiro and Sean Thielen were so optimistic about the booming creator economy that they pivoted their startup to a new product: a simple tool called Koji that lets influencers more easily link to their online tip jars, merch and other services in their social media bios. Sure, there were already dozens of other startups offering a similar type of product, but that didn’t stop the two men from raising $20 million for their company, GoMeta.Now Shapiro and Thielen want out of the creator economy.The link-in-bio business—Koji took a cut of transactions that occur through...WW…

(CNN Business)One day after the CEOs of Amazon, Facebook, Apple and Google were about whether their companies are too powerful, the businesses posted earnings results that showed they are only getting more dominant amid the pandemic. that it had more than 3 billion monthly active users in the June quarter across its apps, including Instagram and WhatsApp. The company said that number reflected "increased engagement as people around the world sheltered in place." of $88.9 billion, a 40% increase from the prior year and a staggering $8 billion more than analysts had expected as the online...…(CNN Business)One day after the CEOs of Amazon, Facebook, Apple and Google were about whether their companies are too powerful, the businesses posted earnings results that showed they are only getting more dominant amid the pandemic. that it had more than 3 billion monthly active users in the June quarter across its apps, including Instagram and WhatsApp. The company said that number reflected "increased engagement as people around the world sheltered in place." of $88.9 billion, a 40% increase from the prior year and a staggering $8 billion more than analysts had expected as the online...WW…

(CNN Business)There was an exciting moment four years ago when it seemed like Facebook was doing something truly jaw-dropping. The company set up a new hardware division called Building 8, staffed it with scientists and engineers overseen by an executive from DARPA, and it was building technology to help you type with your brain and "hear" with your skin. While it was unclear whether the bold idea would ever actually materialize, it felt innovative and different than anything the company had ever done -- a moonshot factory like Google had long been known for. But then the DARPA executive; a...…(CNN Business)There was an exciting moment four years ago when it seemed like Facebook was doing something truly jaw-dropping. The company set up a new hardware division called Building 8, staffed it with scientists and engineers overseen by an executive from DARPA, and it was building technology to help you type with your brain and "hear" with your skin. While it was unclear whether the bold idea would ever actually materialize, it felt innovative and different than anything the company had ever done -- a moonshot factory like Google had long been known for. But then the DARPA executive; a...WW…

MarketsFeaturedFear & Greed IndexLatestBy and , CNN BusinessLink Copied!Ad Feedback — Nearly two months into the largest vaccine rollout in US history, Instagram continued to prominently feature anti-vaccination accounts in its search results, while Facebook groups railing against vaccines remained easy to find.Facebook has with addressing anti-vaxxer content. Late last year, it established new rules to tackle Covid-19 vaccine misinformation after pledging two years ago to reduce the spread of anti-vaxxer content. But misleading and fearmongering content about the Covid...…MarketsFeaturedFear & Greed IndexLatestBy and , CNN BusinessLink Copied!Ad Feedback — Nearly two months into the largest vaccine rollout in US history, Instagram continued to prominently feature anti-vaccination accounts in its search results, while Facebook groups railing against vaccines remained easy to find.Facebook has with addressing anti-vaxxer content. Late last year, it established new rules to tackle Covid-19 vaccine misinformation after pledging two years ago to reduce the spread of anti-vaxxer content. But misleading and fearmongering content about the Covid...WW…

(CNN Business)Facebook CEO Mark Zuckerberg told staff at a company meeting on Thursday that Steve Bannon suggesting that Dr. Anthony Fauci and FBI Director Christopher Wray should be beheaded was not enough of a violation of Facebook's rules to permanently suspend the former White House chief strategist from the platform, according to a Facebook employee.Bannon was permanently suspended from Twitter last week after making the comments in a video.The video was live on Bannon's Facebook page for about 10 hours last Thursday and had been viewed almost 200,000 times before the company removed...…(CNN Business)Facebook CEO Mark Zuckerberg told staff at a company meeting on Thursday that Steve Bannon suggesting that Dr. Anthony Fauci and FBI Director Christopher Wray should be beheaded was not enough of a violation of Facebook's rules to permanently suspend the former White House chief strategist from the platform, according to a Facebook employee.Bannon was permanently suspended from Twitter last week after making the comments in a video.The video was live on Bannon's Facebook page for about 10 hours last Thursday and had been viewed almost 200,000 times before the company removed...WW…

New York (CNN Business)Ted Cruz yelled. His Democratic colleague Brian Schatz called the hearing in which he was speaking "a sham." Committee chair Roger Wicker couldn't pronounce the last name of Google's CEO. Just another day on Capitol Hill for Big Tech.In a contentious hearing on Wednesday, the CEOs of , and were questioned by Senators on the Commerce Committee over their content moderation policies. Some lawmakers demanded more transparency while others sought explanations on a few specific cases in which content was removed or labeled by platforms. Though the hearing was meant to...…New York (CNN Business)Ted Cruz yelled. His Democratic colleague Brian Schatz called the hearing in which he was speaking "a sham." Committee chair Roger Wicker couldn't pronounce the last name of Google's CEO. Just another day on Capitol Hill for Big Tech.In a contentious hearing on Wednesday, the CEOs of , and were questioned by Senators on the Commerce Committee over their content moderation policies. Some lawmakers demanded more transparency while others sought explanations on a few specific cases in which content was removed or labeled by platforms. Though the hearing was meant to...WW…

New York (CNN Business)Ted Cruz yelled. His Democratic colleague Brian Schatz called the hearing in which he was speaking "a sham." Committee chair Roger Wicker couldn't pronounce the last name of Google's CEO. Just another day on Capitol Hill for Big Tech.In a contentious hearing on Wednesday, the CEOs of , and were questioned by Senators on the Commerce Committee over their content moderation policies. Some lawmakers demanded more transparency while others sought explanations on a few specific cases in which content was removed or labeled by platforms. Though the hearing was meant to...…New York (CNN Business)Ted Cruz yelled. His Democratic colleague Brian Schatz called the hearing in which he was speaking "a sham." Committee chair Roger Wicker couldn't pronounce the last name of Google's CEO. Just another day on Capitol Hill for Big Tech.In a contentious hearing on Wednesday, the CEOs of , and were questioned by Senators on the Commerce Committee over their content moderation policies. Some lawmakers demanded more transparency while others sought explanations on a few specific cases in which content was removed or labeled by platforms. Though the hearing was meant to...WW…

(CNN Business)For years, YouTube has faced challenges over the types of content it removes, from terrorist propaganda and hate speech to misinformation about vaccines. It's now struggling over what to do about . In an interview with CNN's Poppy Harlow for the , YouTube CEO Susan Wojcicki stopped short of pledging to ban QAnon followers on the platform. "We're looking very closely at QAnon," Wojcicki said. "We already implemented a large number of different policies that have helped to maintain that in a responsible way."Believers of the far-right conspiracy theory, which first appeared...…(CNN Business)For years, YouTube has faced challenges over the types of content it removes, from terrorist propaganda and hate speech to misinformation about vaccines. It's now struggling over what to do about . In an interview with CNN's Poppy Harlow for the , YouTube CEO Susan Wojcicki stopped short of pledging to ban QAnon followers on the platform. "We're looking very closely at QAnon," Wojcicki said. "We already implemented a large number of different policies that have helped to maintain that in a responsible way."Believers of the far-right conspiracy theory, which first appeared...WW…

MarketsFeaturedFear & Greed IndexLatestBy , CNN BusinessLink Copied!Ad Feedback — Instagram will begin automatically hiding potentially offensive comments as part of its ongoing attempt to address online bullying.The company said the comments that will be hidden will be similar to those that have been reported by users in the past. Users will still be able to tap “View Hidden Comments” to see those remarks.Instagram said it’s using existing artificial intelligence systems to identify bullying or harassing language in comments. Currently, users have the option to hide anything...…MarketsFeaturedFear & Greed IndexLatestBy , CNN BusinessLink Copied!Ad Feedback — Instagram will begin automatically hiding potentially offensive comments as part of its ongoing attempt to address online bullying.The company said the comments that will be hidden will be similar to those that have been reported by users in the past. Users will still be able to tap “View Hidden Comments” to see those remarks.Instagram said it’s using existing artificial intelligence systems to identify bullying or harassing language in comments. Currently, users have the option to hide anything...WW…