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...
Shawn Fanning and Sean Parker the original founders of the peer-to-peer music sharing service Napster. have teamed up again to launch another project that has all the potential to go viral. Called 'Airtime' the service is modeled along the lines of Chatroulette with a huge difference. It will be Chatroulette with a social network attached.
Unlike other social networks and we are not going to mention the names out here. Airtime will introduce random strangers to each other and group people according to common interests.
The funding money comes from Founders Fund, Accel Partners, Andreessen Horowitz, Yuri Milner, Ron Conway, Marissa Mayer, Ashton Kutcher, will.i.am, Scott Braun (Justine Bieber's agent), and TechCrunch founder Michael Arrington. Look at the star studded list of people who are investing. will.i.am must have learnt a lot from all the hangouts he has been doing on Google+. This seems to be a venture that can sure get a lot of interest and people who would want to try it out.
What is Airtime and how does it work
Complete details about the startup are still not clear and the founders do not want to give anything away. It however seems that it will all be around interests and what people like. The ability to find and network with random people and add them to your group and circle of friends. This is all speculation right now but this is the way this project seems to go.
Check out their website now although there is nothing much to greet you other than 'airtime coming soon'. You can however signup to gain early access.
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