social media

Snapchat Acquires Video Animation Startup AI Factory

Snapchat Acquires Video Animation Startup AI Factory

Snap, the parent company of the popular iOS and Android social media app Snapchat, has announced its acquisition of video animation startup AI Factory for a reported price of $166 million. The Ukrainian AI Factory is the team behind Snapchat’s popular new Cameos selfie-based video feature, through which deepfake-like videos of the user are generated…

FTC Hits Facebook with $5 Billion Fine and New Regulations

FTC Hits Facebook with $5 Billion Fine and New Regulations

The US Federal Trade Commission has formally levied a historic $5 billion fine against Facebook for violating a 2012 FTC order related to user privacy, concluding a lengthy investigation that began in the wake of the Cambridge Analytica scandal. The FTC determined that Facebook had been misleading its users and sharing personal information with third…

Yoti Provides Age Verification for Meet Group Community

Yoti Provides Age Verification for Meet Group Community

Yoti has found another partner for its discreet yet reliable age verification technology. The digital identity specialist is teaming up with The Meet Group, a streaming social media and dating platform that will be using Yoti Age Scan and the Yoti app to keep minors off the site and ensure that every user is of…

21M Users Affected in Social Media App Data Breach

21M Users Affected in Social Media App Data Breach

Administrators of the Timehop social media app may be wishing they could go back in time themselves to stop a July 4th hack attack that has affected some 21 million users. The attack was carried out through Timehop’s cloud computing account, with the perpetrator having acquired an administrator’s credentials and then used them to create…