Messengers and social

A group of investors, including Sequoia Capital, Andreessen Horowitz, Binance and Fidelity 89 has invested over $7 billion to back Elon Musk’s $44 billion takeover of Twitter.

Coinbase chief executive Brian Armstrong says decentralized social media (DeSo) is on its way up, possibly beginning with Elon Musk’s Twitter takeover.

Open Market Institute says Musk’s Twitter purchase is “a threat to “American democracy and free speech.”

Russia’s finance ministry shared the amended and finalized crypto bill with the government, which recommends using cryptocurrencies as legal tender.

Elon Musk has made an unsolicited offer to fully acquire social media giant Twitter for a total cash consideration of $43 billion

Shortly after purchasing a 9.2% stake in Twitter, Tesla’s CEO Elon Musk has announced that he is hoping to pave the way for “significant improvements” to the social media platform “in the coming months,” and possibly for the integration of dogecoin (DOGE) payments for premium services.

Twitter and crypto have gone hand in hand for the longest time, which is why the talk of an edit button has direct implications on the crypto community using the social media platform. The talk of adding an edit button had been one that has been going on for a long time and while Twitter has acknowledged it, this is the first time that there has been any definitive announcement about the inclusion of an edit button on the site.

Tesla and Spacex CEO Elon Musk has joined Twitter’s board of directors and promised to “make significant improvements” to the social media platform. Some changes he is considering include adding an edit button and solving the crypto spam bot problem, which he sees as the “single most annoying problem on Twitter.”

Chinese official had previously stated that the NFT space was dominated by hype and urged government to regulate the space.

Musk considers launching his own free speech platform, but further consideration of the matter reveals (true) free speech isn't all it's cracked up to be.

Last year, Facebook rebranded to Meta and announced that they are ‘developing exciting new technologies to help people connect and explore in the metaverse.’ Ever since metaverses have been making mainstream headlines. If you’ve been watching from the sidelines, you’d be forgiven for thinking that you’re late to the party, but that couldn’t be further from the truth.

The Japanese social media and messenger software firm Line Corporation has announced the company is introducing a non-fungible token (NFT) marketplace on April 13. Line detailed on Wednesday that the market will be called “LINE NFT” and it will showcase “more than 100 types of NFTs.”

Facebook says these crypto ads violate its policies and its working to curb their spread.

Instagram has NFTs on the way. At a speaker series seminar at Austin, TX multimedia and culture conference SXSW, Meta Platforms CEO Mark Zuckerberg was questioned about NFTs; while the long-time face of the company was reluctant to give up too many details, Zuckerberg did allude to incoming NFT support features on Instagram in the short-term.

It's an especially simplified process for American and Canadian Coinbase users, who can use their debit cards for transfers.

Apple Pay users will technically be able to use iPhone’s Tap to Pay feature to make crypto payments across mainstream merchants and businesses.

The Aussie businessman said that Facebook’s failure to remove the fraudulent ads featuring him and dozens of other high profile celebs was “criminally reckless.”

Dorsey said that although Facebook probably started Diem for “the right reasons,” it should’ve used an open-ended protocol like Bitcoin rather than attempting to create its own currency.

Many of the affected accounts noticed the fraudulent videos and removed them from their channels within minutes of them being posted.

While WeChat isn't as popular outside of China as WhatsApp, it is ubiquitous on the mainland.