Tag: social media

YouTube CEO says EU’s new copyright legislation threatens jobs, smaller creators

YouTube CEO Susan Wojcicki published her quarterly letter to creators today, which included very strong language regarding the EU’s controversial copyright reform directive. Specifically, her letter focused on Article 13, the so-called “meme ban” that states that any site with a large amount of user-generated content – like Facebook or YouTube,

Facebook hires former UK Lib Dem leader, Nick Clegg, as global policy chief

Facebook has confirmed it has hired the former leader of the UK’s third largest political party — Nick Clegg of the political middle ground Liberal Democrats — to head up global policy and comms. The news was reported earlier by the Financial Times. Facebook hires Nick Clegg, the former UK

Call for social media adtech to be probed by UK competition watchdog

A British Conservative politician, who has called repeatedly for Mark Zuckerberg to come to parliament to answer questions about how Facebook fences fake news — only to be repeatedly rebuffed — has made a public call for the UK’s competition regulator to look into social media giants’ adtech operations. Damian

Building a great startup requires more than genius and a great invention

Shahin Farshchi Contributor Shahin Farshchi is a partner at Lux Capital. More posts by this contributor The dos and don’ts of crafting frontier-tech companies Five billion-dollar businesses for the driverless future Many entrepreneurs assume that an invention carries intrinsic value, but that assumption is a fallacy. Here, the examples of

Next 10 Ventures is launching an incubator for YouTube personalities

Los Angeles-based Next 10 Ventures, a $50 million fund focused on the creator economy, is launching an incubator program to support YouTubers. The EduCreator Incubator will seed 25 to 40 “emerging video creators” with $25,000 to $75,000 in seed funding, depending on their location, and will enroll them in a 12-month

Tumblr says it’s fixed a security bug, but says ‘no evidence’ any user data was exposed

Tumblr has disclosed a security vulnerability on its site that in some cases could have exposed account information. The bug was found in the part of the site that recommends other Tumblr blogs to users, according to a blog post. The blogging site said the “recommended blogs” module — only

Facebook rolls out checks for UK political ads

Facebook has announced it rolled out a system of checks on political ads run on its platform in the UK which requires advertisers to verify their identity and location to try to make it harder for foreign actors to meddle in domestic elections and referenda. This follows similar rollouts of

Ahead of midterm elections, Facebook expands ban on posts aimed at voter suppression

Facebook is expanding its ban on false and misleading posts that aim to deter citizens from voting in the upcoming midterm elections. The social media giant is adding two more categories of false information to its existing policy, which it introduced in 2016, in an effort to counter new types of

YC-grad Papa raises $2.4M for its ‘grandkids-on-demand’ service

One of the latest additions to the on-demand economy is Papa, a mobile app that connects college students with adults over 60 in need of support and companionship. The recent graduate of Y Combinator’s accelerator program has raised a $2.4 million round of funding to expand its service throughout Florida