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...
@WalMartLabs began after the acquisition of Kosmix. Kosmix was acquired for $300 million and was a company with deep roots in Social Media and mobile commerce. With the acquiring of Kosmix and subsequently changing the name of the company to @WalmartLabs. With this new step into social media and mobile commerce Walmart hopes to lead the way for buiness that would deeply intergrate social media with brick and motor stores. @Walmartlabs with study the impact of the way their products rank in social media and also the way search giants like Google rank them. They are also using mobile devices for in-store real-time research. The tagline of @WalmartLabs is "Social + Mobile + Retail" indicating where the company wants to go with this new technology. Social Media seems to be very important as mobile devices are changing the rules and definitely to brick and mortar companies like Walmart the more they have customers who engage with their brand the more of those customers will walk ...