Koo to Cease Operations Following Failed Partnership Negotiations
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It has been a pretty rough last year for Koo regarding user acquisition and revenue generation after the company raised more than $60 million in funding from investors such as Tiger Global and Accel. The company was in advanced talks to be acquired by Dailyhunt back in February, according to a report by TechCrunch.
Elon Musk Highlights Surge in X Usage During US Presidential Debate
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It reported extreme engagement metrics, saying, "We've tracked more than 2 billion impressions with over 242 million video views and 2 million posts."
China's Clampdown on Ostentatious Social Media Forces Influencers in Mainland and Taiwan to Conform
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Initiated on April 23, 2024, by the Cyberspace Administration of China, the latest Qinglang campaign, translating to "clean and bright," aims to penalize Chinese social media influencers and internet celebrities who flaunt wealth or promote a luxurious lifestyle to attract followers and traffic.
WhatsApp Takes Action: Over 7.9 Million Accounts Banned in India During March
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There were 12,782 complaint complaints received by the messaging network, which has over 500 million users in India, in March. Of those, 11 records were "actioned." 
Elon Musk's Bot Purge Initiates Drop in Follower Counts for X Users
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One user lamented, "I saw a drop of 48 followers following Elon's bot and troll purge – representing less than 0.002 percent of my total following." Another expressed similar sentiments, stating, "I noticed a decrease of 6 followers today. Could it be that bot accounts are finally being removed?"
Zomato's Switch from Green to Red Uniforms Ignites Discussion
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Deepinder Goyal, the Founder-CEO of Zomato, unveiled this decision along with a detailed explanation, triggering diverse reactions from various circles.
US House Approves Legislation Targeting TikTok
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President Joe Biden, ultimately tasked with the final decision, has affirmed his intention to endorse the bill once it reaches his desk.
Social media platforms wage war against growing pro-Hamas content
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Israel-based social threat intelligence firm Cyabra found that from over 162,000 profiles engaged in conversations about Hamas’s attacks, 25 per cent -- more than 40,000 profiles -- were fake. 
Social media use may actually not cause depression in kids, young adults
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"The prevalence of anxiety and depression has increased. As has the use of social media. Many people, therefore, believe that there has to be a correlation," said Silje Steinsbekk, a professor at the Norwegian University of Science and Technology's (NTNU) department of psychology. 
Karnataka to take decisive action on fake news; to call meeting of FB, Twitter, Google
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Speaking to reporters here on Wednesday, Minister for Home Dr. G. Parameshwara said, "A meeting of representatives of Facebook, Twitter, Google and other social media platforms is being called soon. The number of persons indulging in circulating fake news is steadily growing and this will be contained.
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