Tagged: social media

More than 30 Lawsuits Now Filed Against Stock Trading App Provider Robinhood Markets Inc., Suits Allege Company Is Manipulating Markets

Digital investment platform Robinhood is reportedly facing around 30 different lawsuits from traders for shutting down or not supporting GameStop trading. Several groups of Robinhood‘s clients have filed lawsuits against the stock trading service provider. Lawsuits have alleged the firm violated certain laws by imposing… Read More

SEC Is Reviewing Social Media Posts, Agency Is Looking for Potential Fraud due to Activities tied to WallStreetBets, GameStop

The US Securities and Exchange Commission (SEC) has been carefully reviewing social media posts, as the federal regulator is looking out for any signs of potential fraud, which may have increased due to the frenzied trading of GameStop and other firms’ shares. The SEC‘s probe… Read More

SEC Acting Chair Allison Herren Lee Says Federal Regulator Will be Carefully Investigating the Reddit “Takeover” of Wall Street

NPR’s Ailsa Chang recently covered the US Securities and Exchange Commission’s (SEC) expected role in conducting an investigation into the Reddit / social media takeover of Wall Street. SEC Acting Chair Allison Herren Lee commented on the agency’s role in looking into the matter. The… Read More

Mobile Payments App Venmo to Provide Merchants Ways to Reach Highly Social Millennials via its Social Feed, Rewards, Payouts

The team at Venmo, a mobile payment service created by PayPal, notes that their platform began as a social peer-to-peer payments tool for friends and family members to split their meal or share an “unforgettable experience.” The Venmo team confirms that several years ago, they… Read More

Blockchain, Cryptography, Smart Contracts are All Technologies that Allow Us to Effectively Manage Our Data, According to John Izaguirre from Ontology

John Izaguirre, the Business Director, Europe at Ontology, a high-performance or high-throughput blockchain platform, believes that privacy is a basic human right. Izaguiree notes that data is becoming a very important topic for both individuals and companies. However, he believes that the Internet is still… Read More

Facebook Forms Financial Group, led by David Marcus, to Handle Digital Commerce and Payments Projects like Libra and Novi

Facebook Inc. (NASDAQ:FB), which currently has a market cap of around $750 billion, employs over 52,000 workers, and generated over $70 billion in revenue last year, has introduced a new group to focus on payments and digital commerce opportunities. David Marcus, the co-creator of the… Read More

Block.one’s Blockchain based Voice Network has Officially Launched, Plans to “Take Social Media Back” from Big Tech

Voice, a blockchain-based social media platform created by Block.one, the company behind EOS, a leading distributed ledger tech (DLT) development platform, has confirmed that it has officially launched. Voice is presently available only in the read-only mode for the general public. The social media network… Read More

Block.one’s Blockchain based Voice Social Media Network to Launch on July 4, 2020, aims to “Take Social Back from Big Tech”

The developers of Voice, a blockchain-powered social media platform that aims to “take social back from Big Tech,” confirmed on June 4, 2020, that the beta version of Voice will be open for public reading and international registrations will be accepted until August 15, 2020…. Read More

Reddit Introduces Two Ethereum Tokens as Rewards for its Cryptocurrency and Fortnite Subreddits

Reddit, the popular social news aggregation and discussion website, is currently testing two Ethereum-powered tokens for platform users. The blockchain-based tokens may be earned as rewards for posting content to Reddit’s online forums. The two tokens, $BRICKS and $MOONS, will be awarded to user accounts… Read More

EOS Developer Block.one Wins Patent for Incentivizing Positive Feedback on Blockchain-based Social Media Networks

Block.one, a Cayman Islands-registered software company that developed EOS, one of the largest blockchain-based platforms for building decentralized applications (dApps), has been working on a new social media platform, called Voice. Voice has been developed using the EOS protocol and it aims to reward content… Read More

Block.one Invests $150 Million in Voice, a Blockchain-based Social News Platform

Block.one, a Cayman Islands-registered firm that developed EOS, a leading platform for creating decentralized applications (dApps), has been working on a new blockchain-enabled social media platform, called Voice, for more than a year. Block.one reports that it has invested $150 million in Voice, which was… Read More

Giant Japanese Social Media Network Line, with 700 Million Users, Approved to Begin Trading Its Virtual Currency in Japan

LVC Corporation, a subsidiary of LINE Corporation and manager of LINE’s digital currency and blockchain-focused ventures, recently confirmed its plans to begin trading its virtual currency in Japan by April 2020. LINE is the company behind Japanese social media network Line, which notably has more… Read More

Block.one Launches new Blockchain-Base Social Media Application “Voice” For Alignment & Transparency

Block.one, the creator of the EOSIO (EOS) blockchain protocol, announced on Saturday the launch of its new blockchain-based social media application, Voice, which is designed with users of the platform in mind. According to Block.one, Voice is a more “transparent social media platform” for the… Read More

Yes, Token Ambassadors are a Thing! Meet the Influencers of the Crypto World

Millennials are blamed for the destruction of many industries that were initially incepted by the baby boomer generation. These industries include but are not limited to, the housing market, restaurant chains, 9-5 office jobs, and even plastic straws (with good reason). However, millennials aren’t quite… Read More

Report: Telegram Initial Coin Offering Expected to top $1.7 Billion

This should come as no surprise to anyone who has been following Telegram. One of the fastest growing messaging / social media platforms in the world is poised to top $1.7 billion with its initial coin offering. This is according to a recent report in… Read More

Overfunding: UK’s Marketing Agency Influencer Quickly Surpasses £100,000 on Crowdcube

Less than a week after launching its equity crowdfunding campaign on Crowdcube, marketing agency Influencer has already surpassed its initial £100,000 funding target. The company notably connects brands with “famous individuals” (aka influencers) on social media as a way to generate buzz. The company stated… Read More

Qumram Launches Full-Compliant Social Media Record-Keeping Through WhatsApp

Qumram, a global provider of digital interaction audit solutions for the financial services industry, announced on Wednesday the launch of its new solution for recording end-to-end encrypted social media interactions through WhatsApp. Patrick Barnert, CEO at Qumram, shared details about the new solution and stated: “We… Read More

Brief: Indiegogo Announces First Social Media Photo Contest & Offers Winners Fitness Rewards

Global crowdfunding platform, Indiegogo, announced on Monday its new social media photo contest. This event encourages users of the funding portal to show off their creative side. The Indiegogo team shared: “The Indiegogo community has come up with so many amazing ideas, and it’s been incredible to… Read More

Seedrs Alum Blurrt Talks Social Media Analytics Development: “The Industry is Hungry for a User Friendly Service”

Back in December, Blurrt, a social media analytics firm from Cwmbran, successfully secured over £500,000, which includes 200,000 from Finance Wales, in just 68 days on Seedrs. The company revealed that the initiative was launched in October after it appointed of former FremantleMedia Executive Simon Spalding as executive chairman…. Read More

Kickstarter Advice: Here are 21 Tips on How to Share Crowdfunding Projects on the Interweb

Seeking to help projects get more attention on its platform, Kickstarter offered 21 tips on how organizers can share their campaigns on the internet. The crowdfunding giant share: “We know that promoting a personal project can feel tough. If your project’s campaign hits a temporary… Read More

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