Social Media Politics News

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"Facebook's News Blocking and Political Risks: A Study of Meta's Impact on Digital Publishers and Political Discourse"

Meta's decision to block news sharing in Canada rather than pay fees to media companies has led to a surge in engagement with opinion and non-verified content, potentially undermining political discourse, according to studies. The absence of news on the platform has resulted in increased user engagement with memes and image-based posts, while likes, comments, and shares of unreliable sources have climbed. This move by Meta has sparked concerns about the spread of disinformation and misinformation, particularly during critical times such as emergencies and elections, prompting calls for fair remuneration for news content used on digital platforms.

1 year ago•Source: Reuters

"Trump's Truth Social Struggles as DWAC Stock Drops Amid Billionaire Backing"

social-media-politics

8.88 min•1 year ago

"Trump's Truth Social Struggles as DWAC Stock Drops Amid Billionaire Backing"

Truth Social, the social media platform started by Donald Trump, is struggling to find a wider audience and is hemorrhaging users, despite a recent merger approval with Digital World Acquisition Corp. that is expected to deliver a multibillion-dollar windfall for the former president. The app's long-term viability remains unclear, with most analysts skeptical of its current valuation above $6 billion. While Trump's animated and antagonistic presence on the platform has provided him with a new megaphone for his unvarnished opinions, Truth Social has not proved it can survive, let alone thrive, without him. Despite Trump's frequent posts, the app has not broken into the mainstream and has only a fraction of the reach compared to his previous social media presence.

via CNN