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Showing posts with the label Crowdfunding

Big Tech's Day of Reckoning: What the Meta and Google Verdicts Really Mean

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...

Reddit gets two new tools for Fundraising and Charitable giving

Reddit Cares Reddit has been quite successful in giving Redditors' an opportunity to give and support charitable causes on the site. This is typically what crowdfunding is all about - not in the sense to raise money for a project bu to support a charity or an organization that Redditors' care about. Specially true for many nonprofits projects in particular. When you decide to support a project or a cause and you're willing to give money for it. The best thing that can happen is that there are low fees or no fees attached to it - ensuring that almost all the money given by Redditors actually reach their destination. Not getting lost in payment fees and other transactions. Also there need to be effective fraud checks in place so people can be more confident that there aren't supporting some fraudulent scheme. With this in mind Reddit have announced two new tools that can be easily integrated by mods into their subreddits. Use these two tools if you're wondering how to...