Marketing tech firm Applecart plans to announce a trio of big hires today, including a longtime Democratic strategist, a noted data scientist and a Twitter and Google veteran.
The big picture: The moves give the New York company added muscle in DC and beyond. The firm specializes in using social data to aid political campaigns and advocacy groups.
Snapchat on Tuesday rolled out a new feature reminding its users — the vast majority of whom are under the age of 30 — to remove unwanted connections from their contact list.
Why it matters: While most social networks try to bait engagement by encouraging users to add as many new connections as possible, Snapchat wants to instead use this moment to remind users that “Snapchat is for real friends.”
After years of focusing on producing content for the latest hot app, investors, tech leaders and newsrooms are starting to pay renewed attention to publishing on the open web, where independent publishers have more control over data and distribution.
The big picture: The open web — content that's accessible via any web browser, easily linked to, and doesn't require logging in to an account — is winning new attention even as "walled garden" apps like Facebook continue to dominate online distribution and the Google and Facebook duopoly controls most of the digital ad market.
Facebook on Monday became the latest in a run of tech firms and media outlets taking action to stem the tide of COVID-19 vaccine misinformation, but experts worry the scramble to limit vaccination skepticism may be too little, too late.
Why it matters: "With all of these press releases, what we don't understand is, how is it actually going to be operationalized?" says Claire Wardle, the U.S. director of anti-misinformation nonprofit First Draft. "Anti-vaxxers have historically always figured out where the policy guidelines are and figure out a way around them."
Recent appearances from Mark Zuckerberg and Elon Musk on Clubhouse are bringing attention to the venture-backed audio social network, which has also seen a boost in downloads over the past few weeks.
Yes, but: The app is already beginning to face the same growing pains that other upstart social networks have experienced for years. For example, Clubhouse — which requires an invite to access — is reportedly already being blocked in China.
It will take an all-out national effort to dismantle the radicalization pipeline that has planted conspiracy theories in the heads of millions of Americans and inspired last month's attack on the Capitol, experts tell Axios.
Two key measures that could make a difference:
Keeping extremists out of the institutions where they could do the greatest damage — like the military, police departments and legislatures.
Providing help for those who have embraced dangerous ideologies.
A majority of Americans think social media "has played a role in radicalizing people," according to a new poll from Accountable Tech and Greenberg Quinlan Rosner shared exclusively with Axios.
The big picture: As misinformation proliferates online about COVID-19, vaccines and politics, social platforms are walking a tightrope between protecting freedom of speech and tamping down the flow of misleading content.
Reddit said Monday that it raised more than $250 million in Series E funding from existing and new investors. Sources say the company raised the new funding at a $6 billion pre-money valuation.
Why it matters: The company has doubled its valuation since its last funding round of $300 million at a $3 billion valuation in 2019.
Clubhouse has become social media's newest darling, eschewing text and visuals for an audio-only experience whereby users can hear discussions on a multitude of topics, plus even the occasional 40-person Broadway musical performance.
Axios Re:Cap goes deeper into what Clubhouse is, why it matters and where social media goes from here, with Katie Stanton, an early Clubhouse investor whose resume includes time at Twitter, Google and the Obama White House.
Facebook says it will take tougher action during the pandemic against claims that vaccines, including the COVID-19 vaccination, are not effective or safe.
Why it matters: It's a partial reversal from Facebook's previous position on vaccine misinformation. In September, Facebook CEO Mark Zuckerberg said the company wouldn't target anti-vaccination posts the same way it has aggressively cracked down on COVID misinformation.
WordPress VIP (WPVIP), the enterprise arm of WordPress.com, is acquiring Parse.ly, a content analytics platform that's used by thousands of digital publishers.
Why it matters: The deal is the first large enterprise software acquisition for Automattic, the parent company to WordPress.com, Tumblr and other tech platforms that enable people to publish content to the open web.
Students on the wrong side of the digital divide who have struggled to keep up with remote learning will continue to face major hurdles even as schools reopen.
The big picture: Students without reliable in-home internet are already at an educational deficit, and many of the remote learning tools the pandemic has ushered in are here to stay. Experts and advocates worry that unconnected students could permanently fall behind their more wired peers if they don't get assistance now.