Ackman received a green light from the United States SEC with an intent to invest a minimum of $1.5 billion in private companies seeking to go public without following the traditional IPO route.
Despite its aim to achieve profitability next year, the company grapples with persistent challenges.
All the updates introduced by Meta will help the company compete with OpenAI and its ChatGPT.
Threads has lost nearly all of its initial momentum as the app is now struggling to attract new users and keep existing ones on the platform.
Along with the Contributor Program, Reddit has announced an update to Reddit Gold – a paid feature that allows users to personalize their profiles.
Starting this week, TikTok plans to begin testing the “AI-generated” labels, which will automatically mark content identified as having been edited or created using AI.
The amount to be charged has not been revealed. Currently, the X platform has 550 million monthly users who generate 100 to 200 million posts every day.
WhatsApp has a user base of over 2 billion people worldwide and analysts have predicted that it will eventually take advantage of this and monetize the service.
X has also outlined its future plans to streamline the checkmark review process for users who verify their IDs.
Meta emphasized that early access will gradually expand as it collects feedback and refines the user experience.
Although Bluesky crossed one million downloads a few months ago, not all users who downloaded the app had accounts as access is restricted.
To encourage collaboration, TikTok Shop has introduced an affiliate program, allowing sellers to partner with creators on a commission basis to promote their products.
In response to the security breach, another Ethereum developer, Tim Beiko, strongly recommended users remove their phone numbers from X accounts and enable 2FA as a security measure.
Although these attacks are on the rise, many believe that some of them may simply be the account owner’s fault.
The launch of these new audio and video features on X comes after Musk confessed that there are no more great social media apps currently.