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Category: Business

TikTok Issue is Highly Politicized, Says Top Professor

TikTok Issue is Highly Politicized, Says Top Professor

Shelly Palmer, a Professor of Advanced Media in Residence at Syracuse University, argues that TikTok poses no more of a threat than Twitter, Facebook, Snapchat, or other apps. ByteDance’s ubiquitous short video-sharing platform is facing continuous restrictions in the western

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South Korea Invests $51m in Metaverse Projects

South Korea Invests $51m in Metaverse Projects

South Korea’s Ministry of Science has announced a $21 million investment into local services for the metaverse. The news follows the establishment of a $30 million metaverse fund aimed at helping start-ups expand their businesses, reports Forkast. The investment of

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Meta Wants A Slice Of Twitter’s Cake, Brings Rival

Meta Wants a Slice of Twitter’s Cake, Brings Rival

Facebook parent company, Meta Platforms Inc said it is exploring a standalone decentralized social network for sharing text updates, similar to a Twitter alternative or a Mastodon competitor. The platform, code-named P92, will be overseen by Instagram head Adam Mosser.

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Slack and Grammarly Integrate ChatGPT to Embrace AI Era

Slack and Grammarly Integrate ChatGPT to Embrace AI Era

Slack, the instant messaging program for professional communications, will soon offer “new superpowers” after unveiling a ChatGPT AI tool aimed at boosting productivity for millions of its users, reports CityAM. Salesforce, the owner of the messenger service, has partnered with

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Tech Platforms Struggling to Verify Users' Age

Tech Platforms Struggling to Verify Users’ Age

As parents and lawmakers become increasingly worried about how children and teenagers use online services, social media and streaming platforms are grappling with the challenge of determining the most effective methods for verifying a user’s age, reports AXIOS. The minimum

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Gucci uses Metaverse as a Product Testing Ground

Gucci uses Metaverse as a Product Testing Ground

Fashion houses such as Gucci and Burberry are leveraging the metaverse to test out new products and build stronger relationships with their audience. The practice is changing the way clothing brands interact with their customers, as the metaverse becomes a

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Otherdeed NFTs Climb Ahead of ‘Second Trip Launch’

Otherdeed NFTs Climb Ahead of ‘Second Trip Launch’

Otherdeed non-fungible tokens (NFTs) from the Otherdeed Metaverse saw their monthly sales surpass $50 million for the first time since May 2022 and eventually settled at approximately $53 million.  By testing such a metric, Otherdeed NFTs reached its second-highest monthly sale since

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