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Twitter reports strong Q2 results with revenue climbing 74% from a year ago

Meanwhile, Twitter's ad revenue climbed 87% year over year to $1.05 billion.

July 22, 2021 by Natalie Gagliordi in Social Media

Facebook debuts bevy of new commerce tools as it aims to expand shopping across its apps

Key updates include the addition of Shops on WhatsApp and visual search on Instagram.

June 22, 2021 by Natalie Gagliordi in Social Media

Twitter launches its first subscription service, Twitter Blue, with exclusive perks for power users

The service, launching first in Canada and Australia, is Twitter's first attempt at diversifying its revenue streams with a subscription business model.

June 3, 2021 by Natalie Gagliordi in Social Media

Facebook's Oversight Board upholds Trump platform ban

The board also found that Facebook violated its own rules by imposing an indefinite suspension.

May 5, 2021 by Natalie Gagliordi in Social Media

Twitter beats Q1 earnings targets, guidance light

According to Twitter, monetizable daily active users were 199 million in the first quarter, up from 166 million a year ago.

April 29, 2021 by Natalie Gagliordi in Social Media

Facebook Q4 tops expectations, CFO warns of iOS 14 impact on future ad revenue

Facebook CFO David Wehner said the company expects to face "more significant ad targeting headwinds in 2021," including the impact of iOS 14 and regulatory developments in Europe.

January 27, 2021 by Natalie Gagliordi in Social Media

Facebook's Oversight Board will review Trump platform suspensions

Facebook's Oversight Board will now have the ultimate say on whether the permanent suspension of the former president's accounts should be upheld.

January 21, 2021 by Natalie Gagliordi in Social Media

Parler sues Amazon in bid to have its AWS account reinstated

Parler filed a lawsuit in the US District Court in Seattle alleging that its suspension from AWS services​ violated antitrust law and breached contractual agreement.

January 11, 2021 by Natalie Gagliordi in Social Media

Zuckerberg announces 'indefinite' ban on Trump's Facebook, Instagram accounts

Facebook CEO Mark Zuckerberg announced that the Facebook and Instagram accounts of President Donald Trump will remain blocked for at least the next two weeks.

January 7, 2021 by Natalie Gagliordi in Social Media

Facebook adds chat interoperability between Instagram and Messenger

The update is part of the company's years-long goal to rebuild its core services around encryption, privacy and interoperability.

September 30, 2020 by Natalie Gagliordi in Social Media

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