Latest Social media industry News

As Trump threatens election meddlers, Russia says 'so what?'

Sep. 14, 2018 4:47 PM EDT

PARIS (AP) — President Donald Trump is finally making moves against foreign election meddling - and Russia says it couldn't care less. Trump's executive order this week authorizing sanctions on foreigners who mess with American elections could herald new headaches for Moscow. But Russian officialdom...

New Mexico sues mobile app makers over kid privacy concerns

Sep. 12, 2018 9:48 PM EDT

ALBUQUERQUE, N.M. (AP) — New Mexico is suing Google, Twitter and other companies that develop and market mobile gaming apps for children, saying the apps violate state and federal laws by collecting personal information that could compromise privacy. The lawsuit filed in federal court late Tuesday comes as...

Alibaba's Jack Ma to step down as chairman in September 2019

Sep. 10, 2018 2:50 AM EDT

BEIJING (AP) — Jack Ma, who founded e-commerce giant Alibaba Group and helped launch China's online retailing boom, announced Monday that he will step down as the company's chairman next September. In a letter released by Alibaba, Ma said he will be succeeded by CEO Daniel Zhang, an 11-year veteran of the...

Twitter's Alex Jones ban: Blip in sea of abuse?

Sep. 7, 2018 4:54 PM EDT

NEW YORK (AP) — Twitter's decision to permanently ban conspiracy-slinger Alex Jones shows it's serious about enforcing its policy against abuse. But it has a long way to go. Along with Facebook and other tech companies, Twitter sees promise in using artificial intelligence to rid its service of...

Facebook, Twitter pledge to defend against foreign intrusion

Sep. 5, 2018 6:44 PM EDT

WASHINGTON (AP) — Facebook and Twitter executives assured Congress on Wednesday that they are aggressively working to root out foreign attempts to sow discord in America, and they pledged to better protect their social networks against manipulation during the 2018 midterm elections and beyond. Facebook's...

Adobe and Twitter fall while Vera Bradley jumps

Sep. 5, 2018 4:45 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday: Twitter Inc., down $2.11 to $32.73 Social media executives testified before Congress about their efforts to fight election meddling and charges of political bias. Vera Bradley Inc., up $2.11 to $16.40 The clothing and accessories...

Markets Right Now: Tech stocks sink, leaving indexes lower

Sep. 5, 2018 4:17 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. U.S. stocks are closing with losses as technology and consumer-focused companies decline. Facebook shed 2.3 percent and Twitter fell 6.1 percent as top executives from those companies testified before Congress...

The Latest: Twitter CEO says 'shadow ban' not impartial

Sep. 5, 2018 3:43 PM EDT

WASHINGTON (AP) — The Latest on executives from social media companies and their appearances before Congress (all times local): 3:30 p.m. Lawmakers are sparring over whether a now-reversed change to auto-suggestions on Twitter unfairly hurt Democrats or Republicans more. Twitter CEO Jack Dorsey isn't...

'Infowars' host insults senator, heckles reporter

Sep. 5, 2018 3:19 PM EDT

WASHINGTON (AP) — Right-wing conspiracy theorist Alex Jones became a sideshow outside two congressional hearings Wednesday, insulting Florida Sen. Marco Rubio as a "little punk" and heckling a reporter, all while posting the spectacle on Facebook and Twitter.  The "Infowars" host stormed around...

Chinese e-commerce tycoon part of celebrity tech elite

Sep. 5, 2018 7:38 AM EDT

BEIJING (AP) — The e-commerce billionaire who was arrested and released by Minneapolis police is a prominent member of a Chinese tech elite who enjoy the glamor of movie stars in their homeland. Admirers know Richard Liu's story well: The son of peasants built a Beijing electronics shop into JD.com,...