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03/18/24: Cynopsis Media Tech Update

internet tech

Monday March 18, 2024 Meta announced it is shutting down data insights tool CrowdTangle, which has been used to track conspiracy theories and viral content on Facebook and Instagram. In its place will be Meta Content Library, available to academic and nonprofit researchers, but not to for-profit news outlets. “Our data-sharing products are evolving alongside […]

03/11/24: Cynopsis Media Tech Update

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Monday March 11, 2024 Apple was hit with a $2 billion fine by the European Union for violating antitrust rules. “Apple’s conduct, which lasted for almost ten years, may have led many iOS users to pay significantly higher prices for music streaming subscriptions,” said the European Commission. Spotify, which filed a complaint in 2019 about […]

03/04/24: Cynopsis Media Tech Update

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Monday March 4, 2024 X owner Elon Musk is suing OpenAI and its CEO Sam Altman for breach of contract, claiming a perversion of the initial mission to develop technology for the benefit of humanity rather than for profit. “This case is filed to compel OpenAI to adhere to the Founding Agreement and return to […]

02/26/24: Cynopsis Media Tech Update

Tech

Monday February 26, 2024 It’s back to the drawing board for Google’s AI image generation feature, Gemini. After users complained that the tool, formerly known as Bard, was offering inaccurate historical pictures – like people of color wearing Word War II-era German military uniforms – Google said it was pausing image generation of people and […]

02/20/24: Cynopsis Media Tech Update

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Tuesday February 20, 2024 Google responded to claims made about Privacy Sandbox in a report by the IAB Tech Lab. Google maintains the analysis contains inaccurate information and overlooks the goal of Privacy Sandbox to improve user privacy while still enabling effective digital advertising. The report said Privacy Sandbox could make it more difficult to […]

02/12/24: Cynopsis Media Tech Update

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  Monday February 12, 2024 Meta’s Instagram and Threads will no longer recommend political content from accounts users don’t already follow. “We want Instagram and Threads to be a great experience for everyone,” said a company blog post. “If you decide to follow accounts that post political content, we don’t want to get between you […]

02/05/24: Cynopsis Media Tech Update

internet tech

  Monday February 5, 2024 Tech industry CEOs were in the crosshairs during a D.C. hearing last week focused on the sexual exploitation of children online. Meta’s Mark Zuckerberg, X’s Linda Yaccarino, TikTok’s Shou Chew, and Snap’s Evan Spiegel acknowledged the horrors of the issue, and outlined the safety measures being taken. But that wasn’t […]

01/29/24: Cynopsis Media Tech Update

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  Monday January 29, 2024 How much will Prime Video’s pivot to offering an ad-supported tier boost its business? MoffattNathanson is among those with a rosy view – the research company projects revenue from Prime Video ads will reach $1.3 billion in 2024, rising to $2.3 billion in 2025. “We are going to find out […]

01/22/24: Cynopsis Media Tech Update

Tech

  Monday January 22, 2024 After cutting 12,000 jobs – or 6% of its workforce – last year, Google just laid off upwards of 1000 more, and cut 100 jobs at YouTube. “Every year we go through a rigorous process to structure our team to provide the best service to our Ads customers,” said the […]

01/16/24: Cynopsis Media Tech Update

internet tech

  Tuesday January 16, 2024 Charge! LG Electronics has opened its first EV charger facility outside of South Korea. The 100,000-square-foot, green energy facility, in Fort Worth, TX, has the capacity to produce up to 12,000 chargers per year. “The EV charger business is a growth engine for LG’s future, supporting the company’s transformation into […]

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