Meta Platforms is planning new ways to deliver posts in its Facebook feed as it battles growing competition from rival app TikTok, according to an internal memo obtained by The Verge. The company will now recommend posts to people from accounts they don’t follow — like TikTok — and bring the Facebook and Messenger apps back together. The head of the Facebook app, Tom Alison, said the company...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals.
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