Social Media

Twitter sues Texas AG, claiming retaliation for Trump ban

Twitter has filed a lawsuit against Texas Attorney General Ken Paxton, claiming the Republican used his office to retaliate against it for banning the account of former President Donald Trump following the riot at the U.S. Capitol.

Historic tweet by Jack Dorsey hits $2.5M in digital auction

The tweet is being sold as a non-fungible token, or NFT. An NFT is a unique digital token that can turn any item in the digital world from tweets to Gifs, to videos into a collectible asset. Like Bitcoin and other cryptocurrencies, NFTs are sold and bought via the blockchain. Non-fungible tokens verify authenticity and ownership by encrypting the creator's signature on the blockchain.

Reddit considers IPO, hires CFO

Reddit on Friday named Andrew "Drew" Vollero as its new chief financial officer as the company reportedly mulls an initial public offering.