In the span of just 48 hours this week, two separate juries in two different US states delivered verdicts that could reshape the entire social media industry — not because of the dollar amounts involved, but because of what those verdicts legally establish for the first time. On Tuesday, March 24, a jury in Santa Fe, New Mexico ordered Meta to pay $375 million for failing to protect children from sexual exploitation on Facebook and Instagram. Less than 24 hours later, on Wednesday, March 25, a jury in Los Angeles found both Meta and Google (YouTube) liable for engineering addiction in young users — finding them negligent in the design of their platforms and awarding a further $6 million in damages. Two days. Two states. Two juries. Both pointing at the same conclusion: that Big Tech can no longer hide behind the legal shields it has relied on for nearly three decades. This is the story of what happened, why it matters far beyond the headline numbers, and what comes next for the s...
Twitter will make about $25 million after striking search deals with Google and Microsoft, as reported by people familiar with the matter. According to sources Twitter stands to make $15 million from the deal struck with Google and $10 million from the Microsoft deal.
The deals have to do with real-time search. With Google and Bing now showing real-time search results on the main search pages. The latest Twitter updates will show up beside progressing news stories and other matters of interest. This has been a huge deal for search engines looking to give updated search results which are mostly available on Social Networking sites like Twitter and Facebook.
The deal will enable Twitter to make a small profit in 2009 according to analysts who estimate that it cost Twitter $20 to 25 million in operational costs each year. Twitter has 105 employees according to their site.
Representatives from both Google and Microsoft declined to comment.
The deals have to do with real-time search. With Google and Bing now showing real-time search results on the main search pages. The latest Twitter updates will show up beside progressing news stories and other matters of interest. This has been a huge deal for search engines looking to give updated search results which are mostly available on Social Networking sites like Twitter and Facebook.
The deal will enable Twitter to make a small profit in 2009 according to analysts who estimate that it cost Twitter $20 to 25 million in operational costs each year. Twitter has 105 employees according to their site.
Representatives from both Google and Microsoft declined to comment.
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