📱 Facebook is testing drastic changes to Instagram to make it more like TikTok
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Facebook is testing drastic changes to Instagram to make it more like TikTok. Facebook's head of Instagram said the service plans to start showing users full-screen, recommended videos in their feeds. 'We're no longer a photo-sharing app or a square photo-sharing app,' Head of Instagram Adam Mosseri said. (Salvador Rodriguez via CNBC)
Instant grocery startup Getir makes its first acquisition to expand into Spain and Italy. Getir, the startup based out of Turkey that has built a $7.5 billion business out a mobile app that lets consumers buy groceries and get them delivered in minutes, has grown its business up to now organically: targeting urban markets across Europe… (Ingrid Lunden via TechCrunch)
3 Principles now define the pandemic. Fifteen months after the novel coronavirus shut down much of the world, the pandemic is still raging. Few experts guessed that by this point, the world would have not one vaccine but many, with 3 billion doses already delivered. (Ed Yong via The Atlantic)
$6 Billion NCR Opens Bitcoin Purchases To 650 Banks And Credit Unions. As part of the deal between enterprise payments giant NCR and digital-asset management firm NYDIG, community banks, including North Carolina-based First Citizens Bank, and credit unions, including Bay Federal Credit Union in California, will be able to offer their clients cryptocurrency trading through mobile applications built by the payments provider. (Michael del Castillo via Forbes)
AT&T joins T-Mobile in switching all Android phones to Google's Messages app for RCS. AT&T and Google have announced that all Android phones on the network will use Google’s Android Messages app for SMS and RCS services. T-Mobile made the exact same partnership deal with Google in March, which leaves Verizon as the only US carrier who hasn’t committed to switching its customers to Android Messages by default. (Dieter Bohn via The Verge)
Robinhood Agrees to Pay $70 Million to Settle Regulatory Investigation. Robinhood Financial LLC has agreed to pay nearly $70 million to resolve sweeping regulatory allegations that the brokerage misled customers, approved ineligible traders for risky strategies and didn’t supervise technology that failed and locked millions out of trading. (Dave Michaels via Wall Street Journal)
Trump Organization CFO Surrenders to Authorities in New York. Longtime loyal aide faces charges in Manhattan D.A. probe Weisselberg indictment expected to be released this afternoon The Trump Organization 's longtime chief financial officer has surrendered to authorities in New York, facing tax-related… (Greg Farrell via Bloomberg)
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