Social Media

Facebook Inc. posted record revenue and profit in the fourth quarter as online holiday shopping and increased use of the company’s platforms during the pandemic drove a surge in its ad business.

YouTube has paid creators, artists, and media organizations more than $30 billion in the last three years, CEO Susan Wojcicki announced in a Tuesday newsletter.

The social media giant said that the action was intended to make the platform better for writers and publishers. 

A recently discovered vulnerability on TikTok would have allowed a cyberattacker to access user data, including phone numbers.

Facebook has removed more than 78,000 profiles on both Facebook and Instagram since August 2020

Facebook's oversight board, which reviews account removals, plans to review the company's decision to indefinitely suspend former President Donald Trump's account and determine whether or not to uphold the ban.

Former MoviePass Chairman Ted Farnsworth said on Thursday that he is looking to disrupt “Hollywood again” with his new media and entertainment company Zash.

MeWe, a social media app centered around data privacy, has seen a surge in downloads in recent weeks as Big Tech companies crack down on user content.

Twitter has locked the account of China’s U.S. embassy for a tweet that defended China’s policies in the Xinjiang region

"The President’s statements continue to be interpreted as calls to action, and we are taking this action to remove the potential for harm to our community and the general public," a Twitch spokesperson told FOX Business in a statement Wednesday.