Twitter said Thursday that users worldwide will be able to tip others with bitcoin, the popular digital currency. The company is also exploring a way for users to track and showcase nonfungible tokens, a new form of crypto assets, on the platform. NFTs can be used to represent the ownership of unique digital or physical …
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Digital payments company Square will create a new business focused on the Bitcoin cryptocurrency to help developers design decentralized financial products, CEO Jack Dorsey said in a series of tweets on Thursday. The business will build “an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services,” Dorsey said. The new …
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Four of the world’s biggest social media platforms — Facebook, Google, Twitter and TikTok — pledged on Thursday at the UN Generation Equality Forum in Paris to bring in improvements to their services that would make women safer online. The promises come after over a year of consultations run by Tim Berners-Lee’s Web Foundation, in which over 120 women experts from …
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Jack Dorsey, the CEO of Twitter and Square, on Friday said his digital payments company is considering building a hardware wallet for Bitcoin. If the company goes forward with the project, Dorsey said it will be built “entirely in the open, from software to hardware design, and in collaboration with the community.” Dorsey shared guiding principles for the possible Bitcoin …
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Square, the mobile-payments company owned by Twitter CEO Jack Dorsey, has added Jay-Z to its board of directors. In an SEC filing Friday, Square said it has expanded its board from 11 to 12 directors to add Shawn Carter, also known as Jay-Z, as reported earlier by MarketWatch. Square also reached a marketing and sublease deal with Jay-Z’s company Roc …
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Twitter didn’t attract as many users in the first quarter as Wall Street expected despite doubling down on combating misinformation and online abuse. The social network said the number of daily users who can see ads increased to 199 million, up 20% compared to the same period last year. Twitter also grew its daily users by 7 million from the …
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Facebook is giving you more control over what you see when you use the social media platform — in particular what appears in your News Feed and who’s allowed to comment on your posts. The social network announced Wednesday that it’s introducing a number of changes, all designed to boost transparency and trust in the way its algorithms operate. Facebook’s …
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Jack Dorsey has sold his first tweet ever as an NFT, a nonfungible token. Raking in $2.9 million for the 15-year-old tweet — which reads “just setting up my twttr” — the Twitter CEO immediately handed the proceeds over to GiveDirectly’s Africa charity fund Monday in Bitcoin. Dorsey put the tweet up for sale on March 5, with the bidding …
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Facebook disabled more than 1.3 billion fake accounts between October and December 2020. That’s just one of the stats the company highlighted in a blog post on Monday detailing its efforts to combat misinformation ahead of a House hearing on the topic later this week. Facebook has over 35,000 working on tackling misinformation on its platforms, according to the blog post. …
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Tesla CEO Elon Musk has changed his mind about selling a song about NFTs — short for “nonfungible tokens,” basically digital certificates of authenticity — as an NFT. “Actually, doesn’t feel quite right selling this. Will pass,” he tweeted Tuesday afternoon. Selling the song would have given the buyer the digital rights to ownership of the song. On Monday, he had tweeted …
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