In the span of just 48 hours this week, two separate juries in two different US states delivered verdicts that could reshape the entire social media industry — not because of the dollar amounts involved, but because of what those verdicts legally establish for the first time. On Tuesday, March 24, a jury in Santa Fe, New Mexico ordered Meta to pay $375 million for failing to protect children from sexual exploitation on Facebook and Instagram. Less than 24 hours later, on Wednesday, March 25, a jury in Los Angeles found both Meta and Google (YouTube) liable for engineering addiction in young users — finding them negligent in the design of their platforms and awarding a further $6 million in damages. Two days. Two states. Two juries. Both pointing at the same conclusion: that Big Tech can no longer hide behind the legal shields it has relied on for nearly three decades. This is the story of what happened, why it matters far beyond the headline numbers, and what comes next for the s...
Thats what Twitter COO Dick Costolo said speaking today on a panel at TechCrunch’s Real-Time CrunchUp event in San Francisco. Twitter ads will be "fascinating," "non-traditional" and "really cool," Costolo said. "People will love the ads when they see it." He also went furthe to explain that their business model will also allow for users to pay for certain APIs. Like if you want to see a detailed analytics dashboard of your account. Or add multiple authors to your account. These will be offered as premium services. For common folk like us things will always be free on Twitter. In fact small start-ups can still use some APIs at a reduced cost. All in all Twitter promises that the ads will be "really cool" and fun to watch. Promising an increased user experience without being troublesome and boring. An original post by Sociolatte