Nevada governor proposes giving tech firms power…

The governor of Nevada unveiled a proposal to allow technology companies to form “Innovation Zones” with powers similar to local government

Twitter Launches Paid Subscription Option ‘Super…

Twitter Launches Paid Subscription Option ‘Super Follow’. Twitter laid out its future plans for the platform at an Analyst Day event on Feb. 25. Among the announcements was a new feature called “Super Follow.” . It is the equivalent of a paid subscription option, similar to Patreon. The subscriptions will be $4.99 a month with the ability to “cancel anytime.” . “Super Follow” will allow users to provide exclusive content to their followers. . Highlights of the feature include a supporter badge and subscriber-exclusive newsletters. Twitter is aiming to “at least double” its total annual revenue to $7.5 billion or more by 2023. . The company also hope to have 315 million monetizable daily active users by 2023. Twitter reported a total of 192 million monetizable daily active users in the fourth quarter of 2020.

Twitter Announces Changes on the Way

They've worked well for Facebook, so Twitter is going to add groups to its platform—though they'll be called "communities." That's one of the major changes announced Thursday, the Verge reports. The other big one is called Super Follows, which will permit users to steer their followers to content and...

Volkswagen weathers pandemic with $10.7 billion…

German automaker Volkswagen made 8.8 billion euros, or $10.7 billion, last year despite the pandemic

GameStop's Roller Coaster Ride Has Started Again

After frenzied trading last month brought GameStop shares from as low as $17 to as high as $483, it eventually stabilized in the $40 to $50 range—until Wednesday, when huge swings resumed. The retailer's share price more than doubled in a sudden burst of trading Wednesday afternoon and closed...

WhatsApp to Begin Switching off Messages For…

WhatsApp to Begin Switching off Messages, For Users Who Reject New Terms. Users have until May 15 to accept the new terms of the popular messaging app. . Otherwise, their accounts will be listed as "inactive.". According to TechCrunch, the app will continue to allow both notifications and calls for a "few weeks.". "Inactive" accounts can be deleted after 120 days. Users have concerns that the new terms, issued in January, will expand the amount of data the app shares with Facebook, its parent company. WhatsApp states that the new terms have nothing to do with Facebook. They allow for making payments to businesses. WhatsApp currently shares IP addresses with Facebook, as well as information about purchases made through the platform.

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Washington Week Ahead: $15 Minimum Wage Fight…

Cheddar's Megan Pratz joins for 'Washington Week Ahead' breaking down the minimum wage fight, Supreme Court decision on the Voting Rights Act, and Former President Trump speaking at CPAC.

TikTok owner ByteDance to pay $92M in US privacy…

TikTok’s Chinese parent company ByteDance has agreed to pay $92 million to U.S. users who are part of a class-action lawsuit alleging that the video-sharing app collected their data in violation of a strict Illinois privacy law

Spotify to Launch in 85 More Countries

Spotify to Launch in 85 More Countries. Spotify announced the expansion on Feb. 22 during a livestreaming event featuring Prince Harry, Meghan Markle and Justin Bieber. The company plans to nearly double its global reach, enabling another billion people to access Spotify. It will also add 36 languages to the platform. Currently, Spotify has 345 million monthly active users with 155 million Premium subscribers across 95 countries. The expansion will make the streaming service available in 170 countries. Spotify continues to compete with Apple, Amazon and Google, which have all launched music streaming services over the years. Spotify also hosts podcasts, audio books and meditations

Facebook Blocks Its Own Page in Botched Australia…

Facebook blocked Australians from sharing news Thursday amid a dispute over a proposed law—but news outlets weren't the only ones who found themselves blocked. The ban affected dozens of pages run by state governments, health authorities, charities, and even Facebook's own page, the Guardian reports. State health departments said...

AT&T spinning off DirecTV after losing millions…

AT&T is spinning off its DirecTV into a new company for a fraction of the $48.5 billion it paid for the satellite TV service in 2015

Feds Say Massive North Korea Hack Was Revenge for…

North Korean operatives are the "world's leading bank robbers," federal prosecutors said Wednesday, announcing charges against three computer programmers in the regime's "General Reconnaissance Bureau." Jon Chang Hyok, Kim Il, and Park Jin Hyok are accused of taking part in cyberattacks that stole and extorted $1.3 billion in cash...

Facebook to Restore News Pages in Australia

Facebook to Restore News Pages in Australia. Australia is trying to pass legislation that will require digital platforms to pay local media outlets and publishers for news. In protest, Facebook blocked Australia's access to news on its site last week. The Australian government has now come to an agreement with the social media giant. After further discussions, we are satisfied that the Australian government has agreed to a number of changes and guarantees.., Facebook, via statement. ... that address our core concerns about allowing commercial deals that recognize the value our platform provides to publishers relative to the value we receive from them, Facebook, via statement. As a result of these changes, we can now work to further our investment in public interest journalism and restore news on Facebook for Australians in the coming days, Facebook, via statement. Campbell Brown, Facebook's vice president for global news partnership, said the company will continue to be able to decide if news appears on the platform. We’ll continue to invest in news globally and resist efforts by media conglomerates to advance regulatory frameworks that do not take account of the true value exchange between publishers and platforms like Facebook, Campbell Brown, Facebook's vice president for global news partnership, via statement

DraftKings Nearly Doubles Revenue As Company…

If you bet on DraftKings this past quarter, you were a winner. The company reported a 98% year-over-year increase in revenue during Q4 2020, as well as a 44% increase in the number of unique paying customers. The sports betting and daily fantasy platform has also brought in some starpower this week, as Baseball Hall of Famer Cal Ripken Jr. joins DraftKings as a special advisor to the Board of Directors. Jason Robins, CEO at DraftKings, breaks down the factors leading to the company's recent success.

Facebook signs pay deals with 3 Australian news…

Facebook has announced preliminary agreements with three Australian publishers, a day after the Parliament passed a law that would make the digital giants pay for news

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Spotify Announces New High-End Subscription…

Spotify Announces New High-End Subscription, Spotify HiFi. On Feb. 22, Spotify announced an upcoming "add-on" for Premium subscribers. Customers in select global markets will soon be able to listen to music in “CD-quality, lossless audio format.”. HiFi will work on Spotify Connect-enabled speakers as well as other devices. The company is also working with other speaker manufacturers to make the new subscription available to more consumers via Spotify Connect. Pricing and a launch date have yet to be revealed, . but the company said to expect the service later this year

Parler Says It Is Now 'Here to Stay'

Parler is back after more than a month offline, with a new CEO—but none of its old content. It's not clear whether the removal of old posts is the result of the social media site's removal from host Amazon Web Services last month or a "scorched-earth policy regarding the...

'Reply All' podcast paused amid charges of toxic…

The popular “Reply All” podcast has been put on hiatus and is canceling two remaining episodes of a series that explored allegations of structural racism and a problematic work culture at food magazine Bon Appetit

Instagram Bans Robert F. Kennedy Jr.

Robert F. Kennedy Jr. isn't just a Kennedy, he's a well-known anti-vaxxer —and now that stance has gotten him banned from Instagram. "We removed this account for repeatedly sharing debunked claims about the coronavirus or vaccines," a spokesperson for the social media site's parent company, Facebook, says in a statement...

YouTube Shorts Set for US Beta Launch in March

YouTube Shorts Set for US Beta Launch in March. The announcement was made by chief product officer Neal Mohan in a blog post. Every year, increasing numbers of people come to YouTube to launch their own channel, Neal Mohan, YouTube's chief product officer, via blog post. But we know there’s still a huge amount of people who find the bar for creation too high, Neal Mohan, YouTube's chief product officer, via blog post. That’s why we’re working on Shorts, our new short-form video tool that lets creators and artists shoot snappy videos with nothing but their mobile phones, Neal Mohan, YouTube's chief product officer, via blog post. The TikTok competitor is currently in the beta stage in India. Since December, the number of Indian channels using Shorts has tripled. Globally, the YouTube Shorts player currently gets over 3.5 billion daily views. Mohan also announced upgrades to YouTube TV and YouTube Kids, including 4K resolution, offline viewing, a "chapters" feature and more

Social Media Star Josh Richards Starts Gen Z…

19-year-old TikTok star Josh Richards, joins Cheddar to discuss his new venture, CrossCheck Studios with Mark Wahlberg, and why they want to elevate Gen Z content.

Twitter to let users charge followers to see…

Twitter is branching out from advertising to find more ways to make money — both for itself and for its most prolific users, whether those are businesses, celebrities or regular people

HBO Max to Launch Internationally in June

HBO Max to Launch Internationally in June . The streaming service will be made available in 39 countries and territories across Latin America and the Carribean. It will follow the same process it utilized in the U.S. by phasing out the HBO Go app and replacing it with the HBO Max app. Those who currently pay for HBO Go through WarnerMedia or other "eligible partners" will automatically convert to HBO Max. The company also says it will transition its other HBO services in Europe to HBO Max later this year. In that area, it will focus on "the Nordics, Spain, Central Europe and Portugal" specifically. . As far as the Latin America rollout, HBO Max says it will have more details about content, promos and more closer to launch

Twitter Says Trump Will Never Be Allowed Back

President Trump was permanently banned from Twitter two days after the Capitol riot—and the company says permanent means permanent. Ned Segal, Twitter's chief financial officer, told CNBC's Squawk Box Wednesday that Trump won't be allowed to return even if he is elected president again. "The way our policies work,...

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New Mexico goes to court over slow cleanup at US…

New Mexico is going after the federal government for failing to make progress on cleaning up contamination left behind by decades of bomb-making and nuclear research at one of the nation's premier labs

Twitter Locks Devin Nunes' Account After Log-In…

For a short while this week, Twitter thought Devin Nunes wasn't human—a mistake it has since remedied. The New York Post reports that the California congressman or someone on his staff tried to log on to his Twitter account, but the person attempting the sign-in wasn't able to first...

Hackers Steal Source Code From 'Cyberpunk 2077…

Hackers Steal Source Code From 'Cyberpunk 2077' Studio. On Feb. 9, CD Projekt revealed it had been targeted in a major "cyber attack.". The hackers claimed to have stolen source code for 'Cyberpunk 2077,' 'The Witcher 3,' 'Gwent' and "the unreleased version of 'Witcher 3.'. They also downloaded "documents relating to accounting, administration, legal, HR [and] investor relations.". CD Projekt has said no personal user data has been compromised. The hackers said the publisher has 48 hours to contact them or "the source code will be sold or leaked online.". CD Projekt said it is working with authorities and "IT forensic specialists" to investigate, but it won't negotiate with the hackers