Pendulum raises $5.9M to help organizations track harmful narratives

Pendulum helps companies, governments and other organizations track harmful narratives on social media platforms and elsewhere on the web. The company today announced that it has raised a $5.9 million seed round led by Madrona Venture Group, with participation from Cercano Management and others. The service was incubated inside Madrona Venture Labs. “Pendulum’s platform applies […]

Patreon CPO says the company will double in size in 2022

Creator monetization startups are cropping up left and right as the tech world embraces the fast-growing creator economy. But Patreon, founded in 2013, has been around since before words like “influencer” were in our vocabulary — back when “Tik Tok” was a Kesha song, rather than the social platform that everyone is trying to emulate. […]

UK’s antitrust watchdog orders Facebook to sell Giphy

In a significant push against big tech’s ability to maintain market dominance through sheer buying power, the UK’s competition watchdog has ordered Facebook (now Meta) to reverse its acquisition of animated GIF platform, Giphy — confirming the Financial Times‘ earlier reporting. The Competition and Markets Authority (CMA) said its phase 2 investigation cemented its earlier […]

Lawmakers confront TikTok, Snapchat and YouTube about eating disorder content

Representatives from TikTok, Snapchat and YouTube testified before the Senate Subcommittee on Consumer Protection, Product Safety, and Data Security today to discuss how to protect kids online. This hearing follows Facebook whistleblower Frances Haugen‘s document leaks to the Wall Street Journal, which — among many things — exposed Facebook’s knowledge that Instagram is toxic for […]

In hearing with Snap, TikTok and YouTube, lawmakers tout new rules to protect kids online

Fallout from revelations around teen mental health on Instagram continues — and not just for Facebook. On Tuesday, policy reps from YouTube, Snap and TikTok faced Congress to talk about kids and online safety, marking the first time the latter two companies appeared in a major tech hearing. The hearing, held by the Senate Subcommittee […]

Ex-minister predicts ‘huge battleground’ over UK’s plan to set Internet content rules

The former UK minster of state for what is now the digital and culture department, DCMS, has warned of the looming battle in parliament over the exact shape of incoming online safety legislation. In an interview with TechCrunch, Ed Vaizey — a former Conservative Party MP, now Lord Vaizey of Didcot, who was head of […]

Mark Cuban-backed live entertainment app Fireside launches to creators

Amid a deluge of new creator platforms, a startup called Fireside is launching today with what it believes will be a compelling proposition for professional creators in need of a more robust set of tools for content creation, distribution, measurement, and monetization. The service, which offers a platform for live and interactive shows, had been […]

Leak shows Facebook’s business model needs regulating, says MEP

The European Parliament’s lead and shadow rapporteur for a major reboot of the bloc’s digital rulebook have called for an investigation following the Facebook whistleblower leaks. One of the MEPs has also called for incoming EU rules to directly tackle business models that favor “disinformation and violence over factual content”. In a joint statement, the […]