Twitter is officially 20 years old. In another reality, that might make me kind of nostalgic. I've been lurking and scrolling and tweeting for 16 years; most of my adult life. There was a time when Twitter was a place where some internet strangers became my IRL friends, when I was excited to "live-tweet". When my infinitely more well-adjusted friends would send me memes, I would smugly say "I saw that on Twitter days ago."

Twitter stopped being that place a long time ago, but I don't have any nostalgia for it. I don't really feel anything at all, actually. 

Because I can already hear the comments: Yes, I'm still on X. I don't spend as much time there as I did a decade ago, but it's still quite a lot of time, an unhealthy amount, if I'm being honest. My job is to report on social media companies, so I keep (doom)scrolling. That's what I tell myself anyway.

A few of my favorite posters are still around. Dril's still got it. The memes are still, occasionally, good, even though X's recommendation algorithm seems to prefer pointing me toward endless AI slop, boring hot takes from thirsty mid-tier tech execs and blatant engagement bait. X's algorithm — what little we can learn about it, anyway — now relies on Grok's predictions about what you'll like.The same Holocaust-loving Grok that has spewed racism and referred to itself as MechaHitler and declared Elon Musk "the single greatest person in modern history." The same Grok that allegedly generated thousands of images of child abuse material. Hey @grok is that true? 

X is not Twitter but it's also not not-Twitter. Last year, an online marketplace startup bought the 560-pound Twitter bird that once adorned the company's San Francisco office and blew it up in a Nevada desert surrounded by Tesla CyberTrucks as part of an elaborate publicity stunt. Dumb? Yes. But also a somehow fitting adieu for "Larry."

It's been 20 years since Jack Dorsey sent the first-ever tweet, which was never even a good tweet anyway. It's been five years, by the way, since he turned that tweet into an NFT (remember NFTs??) and auctioned it for nearly $3 million. It's now functionally worthless. Another chapter in Dorsey's confusing, complicated legacy.

This article originally appeared on Engadget at https://www.engadget.com/social-media/twitter-turned-20-and-i-feel-nothing-140000602.html?src=rss

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A group of former Twitter investors have prevailed at a federal civil trial over Elon Musk's actions amid his $44 billion acquisition of the social platform in 2022. A jury in San Francisco found Friday that tweets made by Musk about fake accounts on the platform had defrauded investors in the company. The jury sided with Musk on other allegations in the case. 

It's not yet clear how much Musk will owe in damages as a result of the case but, as the Associated Press reports, it could amount to billions of dollars. Jurors calculated that shareholders should get "between about $3 and $8 per stock per day." 

The class action lawsuit, one of several brought against Musk in the months following his takeover of the company, cited Musk’s tweets about fake accounts on the platform. Facing a sinking Tesla share price in the days after announcing he would buy Twitter for $54.20 a share, the suit said Musk made tweets and statements that were intentionally meant to drive down Twitter's share price in an attempt to renegotiate or exit the deal. 

The suit called out Musk's May 13, 2022, tweet that claimed the Twitter deal was "temporarily on hold" due to the number of fake accounts and bots on the platform, as well as one a few days later that suggested fake accounts might account for more than 20 percent of users. Twitter's stock dropped significantly following the May 13 tweet.

During the trial, Musk said the tweets were him "speaking his mind" and maintained that Twitter executives had "lied" about the number of bots on the platform, according to KQED. Former Twitter shareholders, on the other hand, said "they sold shares at deflated prices amid Musk’s public waffling." 

Musk faced several lawsuits during and after his $44 billion takeover of the company. That includes other shareholder lawsuits related to his delay in disclosing his stake in the company, as well as one from former executives related to unpaid severance benefits (Musk later settled those claims). He also narrowly avoided a trial over his attempts to back out of the deal. 

This article originally appeared on Engadget at https://www.engadget.com/social-media/elon-musk-misled-investors-during-his-twitter-takeover-jury-finds-232033028.html?src=rss

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Pinterest's CEO has thrown his support behind an Australia measure banning social media for younger teens and is calling for governments around the world to implement similar bans. "Social media, as it’s configured today, is not safe for young people under 16," Ready writes in a piece published by Time. "We need a clear standard: no social media for teens under 16, backed by real enforcement, and accountability for mobile phone operating systems and the apps that run on them."

Ready is one of the highest-profile tech CEOs to come out in favor of a broad ban on social media for teens. That may also seem like a bold stance for someone who runs a platform with a user base that's more than 50 percent Gen Z, but Ready doesn't think that ban should apply to Pinterest. Pinterest, as he notes, already bars teens under 16 from accessing messaging features and other social features. It also makes teen accounts private by default. 

A spokesperson for Pinterest confirmed the company has no plans to change its own policies regarding users under 16, and said Pinterest considers itself a "visual search platform" not social media. Pinterest, like most social media and social media-adjacent companies, doesn't allow users under 13 to sign up. 

Social media or not, Pinterest has encountered child safety-related issues in the past. In 2023, NBC News reported that Pinterest's recommendation algorithm was surfacing photos and videos of young girls to adults who were "seeking" such content. Some of those users had created Pinterest boards featuring images of young girls with titles like "sexy little girls," their investigation found. The company made profiles for teens under 16 private and "not discoverable" six months later. 

According to Ready, Pinterest's popularity with younger users is proof its policies are also good for the company's business. "Our experience shows that prioritizing safety and well-being doesn’t push young people away; it builds trust," he writes.

This article originally appeared on Engadget at https://www.engadget.com/social-media/pinterest-ceo-says-teens-under-16-should-be-banned-from-social-media-but-not-pinterest-211630443.html?src=rss

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