Quibi’s slow start is already starting to weigh on the business. Several major advertisers have asked to defer payments, according to the Wall Street Journal, citing either low viewership or the impact of the pandemic. Long before Quibi launched last month, a group of big advertisers had committed to spend $150 million for the first year between them. It was a gamble on Quibi’s driving force,...
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States Are Taking Baby Steps Toward Protecting Kids Online
Seat belts protect children in cars. Safety standards protect children from faulty or dangerous toys. All these are the result of regulatory mandates. And yet for far too long, social media companies have been allowed to develop addictive design features such as endless scroll, autoplay and push alerts that keep kids and teens hooked on their products. The longer vulnerable kids and teens are...
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Adam D’Angelo’s Endless Quest to Answer Everything
Adam D’Angelo is basking in an “ endless summer ” of artificial intelligence. A few weeks before he and 350 industry peers released a bizarre, one-line statement warning that AI could herald a nuclear-level extinction event, the 38-year-old co-founder of Quora told me he actually sees more upside in AI than downside.