SocialMediaNews

Reddit’s IPO Surges 40% on Debut, Valuation Exceeds $9 Billion
In a whirlwind debut on the stock market, Reddit saw its shares soar by an impressive 40%, trading at around $48 to $49 per share. The social media platform's valuation now stands...
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Nokia Believes Reddit May Be Infringing Its Patents
Reddit continues to face complications ahead of its IPO, with Nokia informing the social media company it may be infringing its patents....
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FTC Inquiring About Reddit’s Google AI Deal
The Federal Trade Commission is inquiring about Reddit's deal to sell user data for AI training purposes, according to a regulatory filing....
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Meta’s Strategic Evolution: From Social Network to Content Recommendation Engine, Analysts Say
In a recent interview with Ken Gawrelski, an equity analyst at Wells Fargo Securities, significant insights emerged regarding Meta Platforms Inc.'s strategic initiatives in respons...
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Elon Musk Takes a Dig at Don Lemon: “Don ‘Veruca Salt’ Lemon”
Elon Musk, the enigmatic billionaire and CEO of Tesla and SpaceX, has once again ignited a fiery exchange of words, this time targeting former CNN host Don Lemon. In a scathing twe...
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Federal Probe Targets Facebook Over Alleged Drug Sales on Social Media
According to an exclusive story in the Wall Street Journal, federal prosecutors in Virginia have initiated a criminal grand jury investigation into Meta Platforms, the parent compa...
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How the TikTok Ban Could Set a Dangerous Precedent
Much has been written about the proposed TikTok ban that...
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Don’t Ban TikTok, Says Marc D’Amelio
In a candid and exclusive interview on CNBC, Marc D’Amelio, co-founder of D’Amelio Brands and patriarch of the TikTok-famous D’Amelio family, shared his perspectives on the popular...
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TikTok’s Source Code: The Holy Grail of Acquisition
In a recent interview with Dan Ives on Bloomberg Radio, Managing Director and Senior Equity Analyst at Wedbush Securities, the conversation revolved around the latest developments...
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Former Treasury Secretary Mnuchin Plots TikTok Takeover Amid National Security Concerns
Former Treasury Secretary Steven Mnuchin recently appeared on CNBC's Squawk Box to discuss various topics, ranging from market trends and inflation to the White House's new budget...
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Outrage Erupts as House Passes Draconian TikTok Ban Bill
In a shocking display of disregard for free speech and personal liberties, the House of Representatives bulldozed through the TikTok ban bill, disregarding dissenting voices and co...
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House Passes Bill Potentially Banning TikTok in U.S., Boosting Meta’s Prospects
In a significant move, the House of Representatives passed a bill with bipartisan support that could result in banning TikTok in the United States. The legislation, aimed at forcin...
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House Votes to Ban TikTok in US: Bipartisan Bill Passes with Overwhelming Majority
In a resounding victory for proponents of increased cybersecurity measures, the House of Representatives has voted to ban TikTok in the United States. With a staggering vote count...
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