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☆ Elon Musk's latest X ad innovation is a really clever product solution, says Alexis Ohanian
▼ + stars: | 2023-08-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk's latest X ad innovation is a really clever product solution, says Alexis OhanianAlexis Ohanian, 766 founder and Reddit co-founder, joins 'Squawk Box' to discuss the rebrand of X Corp., formerly known as Twitter, as it makes a big push to win back advertisers, the new social media landscape, the power of online communities, the impact of A.I., and more.

Persons: Elon, Alexis Ohanian Alexis Ohanian, Reddit Organizations: X Corp

☆ The Meme ETF is tearing it up again. Some stocks inside it have further to go, according to Wall Street
▼ + stars: | 2023-07-24 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The so-called meme stock trade is gaining steam once again, and several of the most popular stocks among social media traders have serious upside, according to Wall Street analysts. A quick way to check the pulse of social media-driven traders is the Roundhilll Meme Stock ETF (MEME) . The meme stock with the most upside, according to Wall Street analyst targets compiled by FactSet, is battery manufacturer Enovix . Airlines may not be obvious meme stocks, but Delta Air Lines and Spirit Airlines are both holdings in the fund. To be sure, Wall Street analysts are bullish on fewer than half of the holdings in the MEME ETF.

Persons: Enovix, Dave Portnoy Organizations: Wall Street, GameStop, AMC Entertainment, Wall, Penn Entertainment, Penn, Barstool Sports, YouTube, Airlines, Delta Air Lines, Spirit Airlines, Consumer

☆ After creators flocked to Instagram Threads, Meta's challenge is to keep them from fleeing
▼ + stars: | 2023-07-21 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +11 min

The one major app that's eluded him: Twitter. Threads skyrocketed out of the gate in large part because it was easy for existing Instagram users to create accounts on the new messaging service and connect with their established following. watch nowCurrently, Threads users are unable to search for topics or hashtags that represent hot topics. That could entice some people to use Twitter over Threads, said Tameka Bazile, who works in artist relations and marketing at Time. Like with Threads, creators will wait to see how Twitter works for their peers before "spending much more time making content there," Kaletsky said.

Persons: Jaap Arriens, Brian Moller, Prince, he's, Moller, It's, Elon, Mark Zuckerberg pounced, He's, Caspar Lee, There's, Lee, Adam Mosseri, Jack Whitehall, Musk, Thilina, Marcel Floruss, Floruss, Floruss isn't, Chas Lacaillade, Lacaillade, Tameka Bazile, Bazile, they've, Twitter hasn't, Brendan Gahan, Mekanism, Gahan, Sasha Kaletsky, Kaletsky, Jack Appleby, Appleby, Zuckerberg, Elon Musk, Gary Vaynerchuk Organizations: Nurphoto, Getty, YouTube, Twitter, Meta, Instagram, Rocket, Ventures, LinkedIn

☆ TD Cowen upgrades Meta as social media stock enters second half of 'Year of Efficiency'
▼ + stars: | 2023-07-13 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

TD Cowen has joined the bullish majority on Meta with just half of the social media company's "Year of Efficiency" in the rearview mirror. Analyst John Blackledge upgraded the Facebook parent's stock to outperform from market perform and raised his price target to $345 from $220. META 5Y mountain Meta shares over the last five years Blackledge said Wall Street will likely need to raise estimates, pointing to potential monetization growth in Reels. A Cowen survey shows Reels has grown engagement and helped raised overall time spent on Instagram. Cowen raised revenue and earnings estimates by 8% and 7%, respectively, on average over the next five years and is above consensus estimates for both second quarter and full-year earnings.

Persons: TD Cowen, John Blackledge, mgmt, Blackledge, Cowen, Mark Zuckerberg, — CNBC's Michael Bloom Organizations: Meta, Facebook, Instagram, Twitter Locations: Wednesday's

☆ Monday, July 10, 2023: Cramer discusses this pharmaceutical name in the portfolio
▼ + stars: | 2023-07-10 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Monday, July 10, 2023: Cramer discusses this pharmaceutical name in the portfolioJim Cramer and Jeff Marks discuss the market ahead of June's Consumer Price Index data set to come out this Wednesday. Jim talks about a pharmaceutical Club holding as it awaits a looming court decision on one of its products and how that could impact the stock. Finally, Jim and Jeff break down one tech giant after its new social media platform hits 100 million users.

Persons: Cramer, Jim Cramer, Jeff Marks, Jim, Jeff Organizations: June's

☆ Meta's Threads debut solved the chicken-or-egg problem plaguing new social startups
▼ + stars: | 2023-07-10 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Last week, Meta launched its latest social media venture, a Twitter alternative called Threads. For social media start-ups, attracting an audience is crucial to scaling a new product — but it can be near impossible to lure loyal users away from other platforms. New Threads accounts can easily migrate their information from Instagram, sharing their account data and username between the platforms. They have this pattern now of either launching or creating spin-off social media networks based on what's most popular at the time, then do it under their brand," Caraballo said. "It just is so dystopian to have one single person basically who oversees the entirety of all social media, at least in the Western world," Caraballo told Insider.

Persons: Mark Zuckerberg, Alexis Ohanian, Ohanian, —, Instagram, Sarah Oh, we've, Adam Mosseri, Alex Heath, Elon, Alejandra Caraballo, Harvard Law School's, Caraballo, WhatsApp —, Elon Musk, Meta Organizations: Meta, CBS, Boston Herald, Twitter, Harvard Law, Facebook, Federal Trade Commission Locations: Instagram

In a letter sent on Wednesday, Twitter alleged that Meta used its trade secrets to develop its new social media platform, Threads, and demanded that it stop using the information. Twitter said that Meta had hired dozens of former Twitter employees, many of whom "improperly retained" devices and documents from the company, and said Meta "deliberately" assigned them to work on Threads. Meta spokesperson Andy Stone said in a Threads post on Thursday that no one on the site's engineering team is a former Twitter employee. Legal experts said that while many companies have accused competitors that hired former employees and have a similar product of stealing trade secrets, the cases are difficult to prove. One element courts look at is whether a company made clear to employees that the specific information at issue was a trade secret.

Persons: Meta, Twitter, Andy Stone, Polk Wagner, Wagner, Elon Musk, Sharon Sandeen, Sandeen, Uber, Jody Godoy, Noeleen Walder, Matthew Lewis Organizations: Twitter, University of Pennsylvania, Mitchell Hamline School of Law, Companies, Uber Technologies, Thomson Locations: St, Paul , Minnesota, Alphabet's, New York

☆ Instagram CEO Adam Mosseri admits it was 'hugely contentious' to launch Threads as a standalone app. He calls it a 'high-risk' bet.
▼ + stars: | 2023-07-06 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Adam Mosseri, Instagram's CEO, said making Threads a separate app is risky, The Verge reports. He said Threads as a standalone app will pose a challenge in attracting new users. The app's launch comes as some Twitter users seek alternative platforms after Elon Musk's takeover. They considered making Threads part of the platform's feed or a separate tab, but ultimately chose to make it a standalone app. When reached for comment, Christine Pai, an Instagram spokesperson, told Insider that a separate app is necessary to keep Instagram the way it is.

Persons: Adam Mosseri, Mosseri, Christine Pai, Pai, Mark Zuckerberg Organizations: Elon, Morning, Twitter, Meta

☆ Twitter CEO throws shade at Mark Zuckerberg's Threads: 'We're often imitated – but the Twitter community can never be duplicated'
▼ + stars: | 2023-07-06 | by ( Grace Kay | ) www.businessinsider.com time to read: +2 min

Twitter CEO Linda Yaccarino appeared to diss Threads for imitating Twitter. Mark Zuckerberg has taken to dissing Twitter since his new social media app launched on Wednesday. New Twitter CEO Linda Yaccarino appeared to take a swipe at Meta's new rival to Twitter on Thursday. "We're often imitated — but the Twitter community can never be duplicated," she added. The tweet comes after Mark Zuckerberg's new text-based social media app, Threads, was released on Wednesday and millions of users flocked to the new platform.

Persons: Linda Yaccarino, Yaccarino, Mark Zuckerberg, Mark Zuckerberg's, Zuckerberg, hasn't, Elon Musk, Walter Isaacson Organizations: Twitter, Morning

☆ Threads: Everything to know about Instagram's app to rival Twitter
▼ + stars: | 2023-07-06 | by ( Clare Duffy | ) edition.cnn.com time to read: +7 min

New York CNN —Facebook-parent Meta on Wednesday officially launched its Twitter competitor, Threads, after first confirming its plans for the app just three months ago. And for Meta, Threads could further expand its empire of popular apps and provide a new platform on which to sell ads. Similar to Twitter, users can reply to, repost and quote others’ Threads posts. Frequent technical issues and policy changes have sent some noteworthy Twitter users heading for the exits. For Meta, Threads could be a way of eking additional engagement time out of its massive existing user base.

Persons: Elon Musk, Meta, ”, Mark Zuckerberg, it’s, Musk, ” Zuckerberg, hasn’t, Linda Yaccarino, “, Adam Mosseri, Zuckerberg Organizations: New, New York CNN, Facebook, Wednesday, Twitter, Elon, Apple, Meta Locations: New York, Instagram

☆ 7 of Twitter's most followed users have jumped onto Threads: 'May this platform have good vibes'
▼ + stars: | 2023-07-06 | by ( Kai Xiang Teo | Reena Koh | ) www.businessinsider.com time to read: +4 min

Ellen DeGeneres is currently the Twitter user with the greatest following to have posted on Threads. Already, some of Twitter's most followed users have jumped onto the Threads wagon. Shakira, 53.8 million Twitter followersShakira Marc Piasecki/FilmMagic/Getty ImagesShakira made her move to Threads on Tuesday with her first post: "Well hello Threads 👋." Jennifer Lopez, 44.9 million Twitter followersJennifer Lopez in 2023. read her first post, followed by: "Hola a todos!!!!!"

Persons: Ellen DeGeneres, Shakira, Kim Kardashian, Twitter's, twit, Mark Zuckerberg, Elon Musk, Ellen DeGeneres Brooks Kraft, DeGeneres, Bill Gates, Bill Gates Taylor, Shakira Marc Piasecki, witter, J, ola, hal i, ari Organizations: Twitter, Getty, unc, lse Locations: usk

☆ Zuckerberg goes after Musk’s Twitter. Here's what it could mean for Meta
▼ + stars: | 2023-07-05 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Meta Platforms ' (META) new social media app is set to rival Twitter at a time when the Elon Musk-owned microblogging app is facing fresh upheaval. Meta's latest social networking app, Threads , is expected to go live Thursday, according to Apple's App Store. Twitter users have responded angrily to Musk's latest restrictions on the platform, and many appear to be looking for new alternatives — potentially making Zuckerberg's Threads an attractive option for disgruntled Twitter users. Bottom line We couldn't think of any company other than Meta Platforms, under the leadership of Zuckerberg, to take on Twitter. This photo illustration created in Washington, DC, on July 5, 2023, shows the logos for Threads, an Instagram app, and Instagram.

Persons: Elon, Zuckerberg, Jim Cramer, it's, Musk, hasn't, Jim Cramer's, Jim, Stefani Reynolds Organizations: Twitter, Elon Musk, Meta, Facebook, Tesla, The New York Times, CNBC, AFP, Getty Locations: Washington ,

☆ Three charged with insider trading ahead of Trump Media SPAC deal
▼ + stars: | 2023-06-29 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +1 min

The former US President announced his intention to create a new social media platform after he was banned from Facebook and Twitter last year. WASHINGTON — Three Florida men were charged Thursday in criminal and civil complaints with insider trading of a shell company's stock before it announced plans to merge with a social media firm launched by former President Donald Trump. The men, Michael Shvartsman, Gerald Shvartsman, and Bruce Garelick, allegedly netted more than $22 million in illicit profits from trading in shares of Digital World Acquisition Corp . The DOJ announced the charges related to the Trump Media proposed merger as part of a string of allegations of illegal trading. is a special purpose acquisition company, or SPAC, that announced plans to merge with Trump Media & Technology Group in October 2021.

Persons: Donald Trump, Michael Shvartsman, Gerald Shvartsman, Bruce Garelick, Garelick, Trump, TMTG Organizations: Facebook, Twitter, WASHINGTON —, Justice Department, The Securities, Exchange Commission, Rocket, DOJ, Trump Media, Pfizer, Trump Media & Technology Group Locations: WASHINGTON — Three Florida

☆ The 18 best ways to make money by reading, from submitting book reviews for cash to narrating audiobooks
▼ + stars: | 2023-05-27 | by ( Zulie Rane | ) www.businessinsider.com time to read: +16 min

She always wanted to earn money from reading books, but said the best way to do that doesn't exist. Here are a few of the best ways to make money by reading books using social media. The good news is that BookTok is one of the best ways to make money by reading books. Post your book reviews on a publication like Books Are Our Superpower and make money by reading books that way. Until then, I hope this article helps you find the best ways to make money by reading books.

And so whenever I get one of those notifications, I know I’m going to have a good time there. kevin roose[LAUGHS]: I actually don’t think I could’ve told you what IBM stood for. kevin rooseSo I’ve thought a lot and written a lot about how and when AI actually is a threat to jobs. The third category is just the jobs that I think are going to be protected, the jobs that we won’t let AI do. But I don’t actually think the speed of it matters at all.

☆ AOC says Feinstein should resign, won’t primary Gillibrand in 2024
▼ + stars: | 2023-05-02 | by ( Haley Talbot | ) edition.cnn.com time to read: +2 min

I think criticisms of that stance as ‘anti-feminist’ are a farce,” Ocasio-Cortez posted on Bluesky, a new social media app. Feinstein, who has been away as she recovers from shingles, is a member of the powerful Senate Judiciary Committee where her absence has created issues for Democrats as the panel works to process judicial nominees. Several other House Democrats have also expressed support or called for Feinstein to resign as a result. The spokeswoman also told CNN that Ocasio-Cortez will not primary New York Democratic Sen. Kirsten Gillibrand in 2024. Not long after, however, Republicans formally blocked a request from Senate Majority Leader Chuck Schumer to temporarily replace Feinstein on the committee.

☆ Explainer: With Bluesky, Jack Dorsey has another go at Twitter-like service
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +2 min

May 1 (Reuters) - Jack Dorsey is taking another whack at a Twitter-like service with a new social media platform called Bluesky. The service is gaining traction among Twitter power users, attracting prominent personalities including U.S. Congresswoman Alexandria Ocasio-Cortez. It's a text-focused social media service launched for select users in February. Bluesky offers a similar experience to Twitter - people create profiles and post short messages with text and images. On the timeline, Bluesky has "What's hot" and "Following" feed, similar to the curated "For You" and the chronological "Following" feeds on Twitter.

☆ Jack Dorsey criticizes Elon Musk’s leadership at Twitter: ‘It all went south’
▼ + stars: | 2023-04-29 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

Twitter's former CEO Jack Dorsey openly criticized Elon Musk's leadership of the company in a series of social media posts Friday, writing that "it all went south" and Musk "should have walked away" from the acquisition. Users of Bluesky, a buzzy new social media platform that is being touted as a potential alternative to Twitter, prompted the discussion. They asked Dorsey if he believed Musk was the right leader for Twitter, to which Dorsey replied, "No." He added that he is glad new social media platforms like Bluesky are being built. In a tweet from April 2022, Dorsey said he trusted Musk's "mission to extend the light of consciousness" through the platform.

☆ Bluesky Social: Twitter's former CEO has a new app that looks a lot like Twitter
▼ + stars: | 2023-04-28 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +4 min

CNN —The buzzy new social media app of the moment looks so much like Twitter it’s almost hard to distinguish the two. But under the hood, Bluesky, developed by Twitter co-founder and former CEO Jack Dorsey, is vastly different. The Bluesky social media app logo is seen on a mobile device in April 2023. Like Mastodon, Bluesky appeals to a number of Twitter users who are frustrated with the direction of the platform under owner Elon Musk. As Eve 6 wrote on Twitter: “Bluesky invite codes are the new blue check.”

☆ 10 Things in Tech: Amazon Slack, industry extinction, and top EVs
▼ + stars: | 2023-04-28 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

Community: Inside Amazon's little-known Slack channel. And that's playing out inside an internal slack channel called #focus-and-pivot-info for employees put on performance improvement plans — also known as PIPs. Go behind-the-scenes of Amazon's little-known Slack channel here. Right as tech companies shrink their headcounts, AI is gaining popularity in the workplace, writes Insider's editor in chief for business, Matt Turner. Thousands of anonymous tech employees fretted over the future of tech compensation.

"I'm here because Trump raped me," Carroll testified. Trump's posts mentioned two issues that Judge Lewis Kaplan had warned parties in the trial not to mention to jurors. Carroll alleges Trump assaulted her in a dressing room at the Bergdorf Goodman department store in Manhattan in or around 1996. In his first Truth Social post on Wednesday, Trump wrote, "The E. Jean Carroll case, Ms. Bergdorf Goodman, is a made up SCAM. "Just look at her CNN interview before & after the commercial break - Like a different person," Trump wrote, referring to an interview Carroll gave CNN about the lawsuit.

Community competes with a bevy of different types of services vying for space in your text inbox, from Attentive to Twilio to Zendesk. “With Community, once they text the number, we now have a way to stay in touch directly. Using text messages to connect with customers, for all its promise, poses unique challenges. And customers may want to hear from fewer brands in their text inbox than they do in their email inbox. “As opposed to email, when you have to scroll to the bottom of the thing and hit the link that says unsubscribe, if you don’t like the text messages you’re getting, you only have to write one word: Stop,” Mr. Kutcher said.

☆ I pulled in nearly $10,000 in revenue last month by marketing to Gen Z about sustainability
▼ + stars: | 2023-04-19 | by ( Alexandra York | ) www.businessinsider.com time to read: +5 min

Estella Struck launched Viviene New York, a marketing agency for sustainable brands, in 2021. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Given that success, Struck wanted to make sustainability marketing more accessible to other brands. I believe that your network is your net worth, so I spent a lot of time at networking events meeting people in sustainability, marketing, and social media. I've grown Viviene by attempting to change that up, introduce new social media techniques, and reach consumers outside of the environmental-activist community.

☆ Ticketmaster is looking for a new social media director, and it's asking the hire to be 'brave' after months of fury from fans
▼ + stars: | 2023-03-20 | by ( Rebecca Cohen | Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Ticketmaster is hiring a Director of Social, and the company is asking bravery of the new hire. Posted five days ago on LinkedIn, Ticketmaster is searching for a social media expert to take over its North America marketing leadership team. Months of messy ticket sales led by Ticketmaster have put the massive entertainment sales site under the microscope. The ticketing debacle even prompted a Senate Judiciary Committee hearing titled "That's the Ticket: Promoting Competition and Protecting Consumers in Live Entertainment," where a bipartisan group of senators grilled Joe Berchtold, the president and CFO of Live Nation Entertainment. "For too long, Live Nation and Ticketmaster have wielded monopoly power anticompetitively, harming fans and artists alike."

☆ Silicon Valley Bank depositors are saved at the last minute
▼ + stars: | 2023-03-13 | by ( Matt Weinberger | ) www.businessinsider.com time to read: +4 min

By now, you've probably heard a lot about the sudden, bank run-driven collapse of Silicon Valley Bank, one of the tech industry's most stalwart and trusted institutions. Tech startups say they can't access their cash deposited in Silicon Valley Bank. Before the FDIC stepped in to save the day (for depositors, anyway), the collapse of Silicon Valley Bank sparked fear, uncertainty, and panic as startups suddenly lost access to whatever cash they had stashed there. Here's the latest from Insider on the Silicon Valley Bank meltdown:Read more about the financial panic that swept Silicon Valley over the weekend here. Can Silicon Valley succeed where the CDC failed?

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