Reddit Shares Jump 11% After Securing S&P 500 Inclusion
Reddit shares jumped 11% after S&P Dow Jones Indices announced the company will join the S&P 500 on August 18.
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Reddit shares jumped 11% after S&P Dow Jones Indices announced the company will join the S&P 500 on August 18.
Instagram now allows Meta AI to generate images using photos from public accounts by default, unless users manually disable the feature in their settings.
Meta is reportedly building Arena, a standalone prediction markets app designed to compete with Polymarket and Kalshi.
Meta is reportedly planning to cut 20% of its global workforce while reallocating 7,000 employees to artificial intelligence projects as part of a major restructuring effort.
Meta is reportedly building a consumer AI agent and an AI-powered shopping assistant for Instagram users.
Snap will lay off about 1,000 employees, or 16% of its workforce, as part of a cost-cutting plan tied to AI-driven efficiency and profitability goals.
Elon Musk is set to launch XChat on April 17, introducing an encrypted messaging platform integrated with X. The app will include calls, file sharing, and enhanced privacy features.
X plans to enable crypto and stock trading directly in users’ feeds within weeks.
OpenAI is quietly developing a new social network and considering biometric identity verification to combat bots, according to Forbes. The platform may use Worldcoin’s iris-scanning Orbs or similar technologies to ensure users are real people.
The EU fined Elon Musk’s X €120 million for misleading verification practices, prompting sharp criticism from U.S. officials who accuse Europe of unfairly targeting American tech companies.
X’s transparency feature exposed foreign political troll networks posing as Americans before the platform removed location data.