ThursdayOct 03, 2024 10:52 am

SocialNewsBreaks – Sprout Social Inc. (NASDAQ: SPT) Announces Strategic Partnership with Carahsoft Technology Corp.

Sprout Social Inc. (NASDAQ: SPT) is a prominent provider of cloud-based social media management software. The company has recently announced a strategic partnership with Carahsoft Technology Corp., positioning itself as a NASPO-approved vendor. This collaboration enhances Sprout Social's accessibility to government agencies through the NASPO ValuePoint Cloud Solutions Contract, managed by Carahsoft. This contract facilitates the procurement of Sprout Social's comprehensive suite of solutions, including publishing, engagement, customer care, advocacy, and AI-powered business intelligence, for state and local government agencies. Ryan Barretto, President and incoming CEO of Sprout Social, underscores the importance of social media as a tool for government…

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WednesdayOct 02, 2024 10:38 am

SocialNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Partners with UK Banks to Enhance Fraud Detection

Meta Platforms Inc. (NASDAQ: META), the parent company of Facebook, has enhanced its fraud detection capabilities by partnering with NatWest and Metro Bank in the UK. This collaboration, known as the Fraud Intelligence Reciprocal Exchange (FIPE), allows British banks to share crucial information directly with Meta, aiding in the identification and elimination of scam accounts. This initiative is part of Meta's broader efforts to combat fraud across its platforms, including Facebook, Instagram, and WhatsApp. The FIPE initiative has already shown significant results, with 20,000 fraudulent accounts linked to a concert ticket scam network being taken down. This partnership is a…

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TuesdayOct 01, 2024 10:45 am

SocialNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) to Invest $1 Billion in Thailand’s Digital Infrastructure

Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) has announced plans to invest $1 billion in Thailand to build digital infrastructure, including a new data center. This significant investment is expected to support 14,000 jobs in the country. The new hubs will be located in Bangkok and the industrial area of Chonburi, aiming to meet the growing demand for cloud computing in Southeast Asia. Ruth Porat, president and chief investment officer of Google and its parent company Alphabet, stated, "These investments will empower Thai businesses, innovators, and communities to harness the power of cloud and AI technology." The details of the investment…

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MondaySep 30, 2024 10:51 am

SocialNewsBreaks – Snap Inc. (NYSE: SNAP) Unveils New Spectacles: A Potential Financial Game-Changer

Snap Inc. (NYSE: SNAP), known for its popular social media platform Snapchat, has recently unveiled a new version of its Spectacles. This move is generating buzz for its potential to transform an innovative product into a financial win for the company. Snap has often been at the forefront of blending hardware and software, but turning these innovations into profit has been a challenge. The latest Spectacles could be a game-changer, leveraging Snap's unique position in the market. The company's ability to create products that stand out, both in terms of hardware and software, is noteworthy. Snap's operating system is designed…

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FridaySep 27, 2024 10:57 am

SocialNewsBreaks – Key Trump Media & Technology Group Corp. (NASDAQ: DJT) Investor Unloads 11M Shares

United Atlantic Ventures LLC (UAV), a key investor in Trump Media & Technology Group Corp. (NASDAQ: DJT), significantly reduced its stake by selling nearly 11 million shares, leaving it with a mere 100 shares. This move came after a federal judge's approval and the end of a lock-up period that initially restricted insiders from selling their shares. UAV, co-founded by Andrew Litinsky and Wes Moss, who played a pivotal role in conceptualizing a social media venture with Donald Trump, found itself embroiled in legal battles with Trump Media concerning their shareholdings. Despite these disputes and the fluctuating fortunes of Trump…

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ThursdaySep 26, 2024 10:23 am

SocialNewsBreaks – Match Group Inc. (NASDAQ: MTCH) Partners with Uber and ‘It’s On Us’ to Promote Safe Dating on College Campuses

Match Group Inc. (NASDAQ: MTCH), the powerhouse behind renowned dating platforms such as Tinder and Hinge, has recently embarked on a significant partnership with Uber Technologies Inc. (NYSE: UBER) and 'It's On Us', a nonprofit organization focused on preventing sexual assault on college campuses across the United States. This collaboration is designed to arm millions of college students with the knowledge and tools necessary for safe dating experiences, both online and in the real world. The initiative underscores Match Group's commitment to user safety, a priority that is increasingly important in the digital age where online interactions are commonplace. The…

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WednesdaySep 25, 2024 11:05 am

SocialNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Acquires Threads.com Domain

Meta Platforms Inc. (NASDAQ: META) has recently made headlines with its acquisition of the Threads.com domain name. This move is a clear indication of Meta's ambition to further expand its digital presence. The acquisition, as reported by TechCrunch, suggests that Meta is possibly exploring new ventures or services that could be launched under the Threads.com domain. This strategic step aligns with the company's history of innovation and expansion beyond its original social media platform. The acquisition comes at a time when META's stock performance on the NASDAQ has been noteworthy. The stock price of Meta has reached $569.4, experiencing an…

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TuesdaySep 24, 2024 12:02 pm

SocialNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Partners with Volkswagen to Integrate AI Assistant in Vehicles

Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG), through its subsidiary Google, has embarked on an innovative partnership with Volkswagen to integrate an artificial intelligence (AI) assistant into Volkswagen vehicles. This collaboration is a strategic move by Google to penetrate deeper into the automotive industry, leveraging its advanced AI and cloud computing technologies. The AI assistant is designed to enhance the driving experience by providing vehicle-related information and assistance through a user-friendly smartphone app. This initiative is part of Google's broader ambition to expand its footprint in the enterprise AI application sector, showcasing its commitment to leveraging technology to solve real-world problems.…

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MondaySep 23, 2024 10:56 am

SocialNewsBreaks – Snap Inc. (NYSE: SNAP) Introduces AI-Generated “My Selfie” Feature Amid Privacy Concerns

Snap Inc. (NYSE: SNAP), the parent company of the popular social media platform Snapchat, has recently introduced a groundbreaking feature named "My Selfie." This innovative tool leverages artificial intelligence (AI) to generate images of users' faces, which can be utilized in various in-app experiences, including advertisements. This move by Snap Inc. is a significant step towards integrating AI technology into social media, aiming to enhance user engagement and open new avenues for personalized advertising. The "My Selfie" feature is designed to allow users and their friends to create AI-generated images from their selfies, offering a unique and customized experience within…

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FridaySep 20, 2024 11:17 am

SocialNewsBreaks – Shares of Trump Media & Technology Group Corp. (NASDAQ: DJT) Experience Decline

Shares of Trump Media & Technology Group Corp. (NASDAQ: DJT) witnessed a notable decline of over 5% in premarket trading on Friday. This downturn is particularly significant as it coincides with the expiration of a ban that had previously restricted former President Donald Trump from selling his shares in the company, which is the driving force behind the social media platform Truth Social. Despite the lifting of this restriction, Trump has publicly declared his intention to retain his stake in the company, a move that has garnered considerable attention from investors and market watchers alike. The decline in DJT's share…

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