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04/08/24: Cynopsis Media Tech Update

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Monday April 8, 2024 Meta filed a motion Friday requesting the dismissal of a Federal Trade Commission antitrust lawsuit that could require Meta to divest Instagram and/or WhatsApp. “Antitrust laws are supposed to promote competition and protect consumers, not punish companies for innovating to give people greater value and choice,” said chief legal officer Jennifer […]

04/01/24: Cynopsis Media Tech Update

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Monday April 1, 2024 Move along, Google told users of its Podcast app. Google is shutting it down in the US, and users will have to move their subscriptions to YouTube Music by tomorrow if they want to stream from the Podcasts app directly. The move is part of a plan to centralize audio services […]

03/18/24: Cynopsis Media Tech Update

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Monday March 25, 2024 Reddit stock jumped 48% for its IPO on Thursday. The initial offering price was $34 per share; shares opened at $47 and closed at $50.44. While the company has not turned an annual profit since launching in 2005, it is touting the potential of selling its users’ data to information-hungry AI […]

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03/18/24: Cynopsis Media Tech Update

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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

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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

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  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 […]

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