Category: social media

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Microsoft-owned LinkedIn releases AI-powered assistant for job recruiters

LinkedIn plans to pilot a new AI-powered assistant aimed at recruiters searching for job candidates and will also release an AI educational assistant in its learning section. The Microsoft-owned and business-focused social platform LinkedIn announced the rollout of new artificial intelligence (AI) features to assist job recruiters when sourcing candidates.  On Oct. 3, LinkedIn said it…
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Tom Hanks, MrBeast and other celebrities warn over AI deep fake scams

Instances of celebrities and public figures continue to surface regarding AI deep fakes with their likeness circulating around the web promoting scams or products. Artificial intelligence (AI) has been a major talking point in Hollywood throughout the year and continues to be so as multiple celebrities have come forth denouncing the use of the likeness…
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Friend.tech revenue surges over 10,000 ETH, TVL tops 30,000 ETH

The decentralized social media platform has continued to thrive since it launched in the second week of August and has hit multiple new highs despite critics predicting its downfall. Decentralized social media platform Friend.tech, based on Coinbase’s layer-2 protocol, Base, has touched new heights in terms of revenue growth and total value locked on its…
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Friend.tech look-alike ‘Alpha’ emerges on Bitcoin network

A new social token network called Alpha has emerged, rivaling the popular Friend.tech platform but built on top of the Bitcoin blockchain. The Bitcoin network got its own community-based social token ecosystem after a new project called Alpha emerged overnight.  As a decentralized social network protocol, Alpha is similar to the widely-known Ethereum-based platform Friend.tech. It allows…
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France launches a certificate for finfluencers, including crypto

The country has introduced a non-obligatory Responsible Influence Certificate for those promoting crypto. Amid the current pressure on so-called “finlfluencers,” promoting investment products in their blogs, France makes a step toward outright licensing them. The country introduces a non-obligatory Responsible Influence Certificate. As revealed on Sept. 7, two French regulatory agencies, the Autorité des Marchés…
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AI usage on social media has potential to impact voter sentiment

The U.S. presidential election is nearing, and with it comes the use of tech like AI on social media platforms to manipulate voter sentiment. The use of artificial intelligence (AI) in social media has been targeted as a potential threat to impact or sway voter sentiment in the upcoming 2024 presidential elections in the United…
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LBRY Gears Up to Contest US Securities Law Violation Ruling

In a recently filed court document, blockchain-based publishing company LBRY has signaled its intent to challenge a New Hampshire district court’s verdict. This ruling, made in November 2022, concurred with the U.S. Securities and Exchange Commission (SEC) stating that LBRY presented its digital assets as securities or investment contracts. Unregistered Crypto Securities Saga: LBRY Challenges…
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China’s Social Media Giant Weibo Purges Crypto Content, Bans Users

The Chinese social media titan Weibo has deleted 80 popular crypto-related accounts and removed “17,000 illegal profit-making-related posts” from its platform. The firm’s operator Sina says Weibo has some 258 million daily active users. It thrives in a nation where popular international social media platforms like Twitter, Facebook, Reddit, and Instagram have been blocked…. Read…
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Only Web3 Social Media Can Bring Back Power to Users — Phaver CEO Joonatan Lintala

According to Joonatan Lintala, the co-founder and CEO of Phaver, the limited progress of the technology behind Web3 social media platforms is one of the reasons why prospective users are reluctant to try them out. Lintala also added that “none of the current generation Web3 protocols are yet ready to support multi-million user levels.” The…
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Musk Funded Dogecoin, Mulled Blockchain Social Media, Biography Details

A biography of billionaire investor Elon Musk reveals details about his involvement in the Dogecoin project and an idea to launch a social media platform based on blockchain. The book, which should be available later this month, also mentions a failed attempt by former crypto mogul Sam Bankman-Fried to help Musk’s acquisition of Twitter. Elon…
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