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Instagram is developing on an ‘intimate’ spin-off messaging app

Rivaling Snapchat, Threads will allow users to automatically share their location, movements, and battery life with their Instagram ‘close friends’ list.

As reported by The Verge, Threads are going to be a companion app to Instagram, promoting constant sharing between users and their Instagram ‘close friends’ list. The app will permit users to automatically share their location, movements, and battery life with one another, as well as send text, photo, and video messages.

The development may be seen as another plan to rival Snapchat – which already lets users share their location – following Instagram’s introduction of Stories 3 years ago.

Facebook adds tool for reporting fake news and misinformation on Instagram

Once reported, an authorized fact-checker will examine a reported post on Instagram, says Facebook.

Instagram is adding a choice for users to report posts they assume are false, the corporate declared on Thursday, as the Facebook-owned photo-sharing website tries to stem misinformation and alternative abuses on its platform.

Posting false data isn’t prohibited on any of Facebook’s suite of social media services, however the corporate is taking steps to limit the reach of inaccurate data and warn users regarding controversial claims.

Facebook started using image-detection on Instagram in May to seek out content debunked on its flagship app and additionally enlarged its third-party fact-checking program to the app.

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Twitter and the News: how people use the social network to find out about the world.

How does Twitter change the way individuals get news? What sorts of thought leaders, journalists and organizations do people follow on the network? How are these Twitter followers different than those on other social networks? And how are people reacting to added components on Twitter, like advertising and promoted tweets?

At a moment when the network is poised to make a number of changes, the American Press Institute and Twitter, in collaboration with research company DB5, have produced a new study that probes the relationship between news use and the Twittersphere.
The study, which involved an online survey of over 4,700 social media users, finds that Twitter users tend to be heavier news consumers than other social media users. News, indeed, is one of the first activities that they engage in on the network.

Facebook currency ‘clearly a threat’ to big banks, finance sector.

Australian banking executives have described Facebook’s plan to develop its own cryptocurrency as a clear threat to the business, however payment experts were skeptical regarding its potential impact on the local financial sector.

“They’re not the first company to launch a crypto payment solution, however they do have large reach obviously through their Facebook platform,” said NAB’s business banking Chief Anthony Healy.

“With a billion plus users on its platform, it’s clearly a threat.”
With over a billion users on its platform, Mark Zuckerberg’s crypto payment strategy at Facebook is clearly a threat.