social media

GLAAD's 2026 index scores six major platforms on LGBTQ+ safety: TikTok leads at 56, while X scores 29 and YouTube drops 11 points after removing gender identity from hate speech protections.

Snap is eliminating 16 percent of its workforce and closing over 300 open roles, citing AI-driven efficiency gains that let smaller teams handle tasks previously requiring larger headcount.

Snap is eliminating 16 percent of its workforce, projecting $500 million in annualized savings as AI generates over 65 percent of the company's new code.

ByteDance has applied for two fintech licenses in Brazil that would let TikTok issue prepaid accounts and extend credit to its 131 million adult users, marking the platform's most ambitious push into financial services outside China.

Juries in Los Angeles and New Mexico found Meta and Google liable for addictive platform design and child safety failures, awarding $381 million and setting a legal precedent for thousands of pending cases.

A New Mexico jury ordered Meta to pay $375 million for enabling child exploitation, and a California bellwether jury found both Meta and YouTube negligent in designing addictive platforms that harmed a minor.

Founder Jay Graber becomes chief innovation officer as Bluesky discloses a $100M Series B led by Bain Capital Crypto, but daily active users have fallen 40 percent year-over-year.

The Federal Trade Commission has filed a notice of appeal in its landmark antitrust case against Meta, challenging a November 2025 ruling that found the company is not a social media monopolist because it faces competition from TikTok and YouTube.