Wall Street Journal (September 7, 2023) – Meta. PayPal. X. All of these tech companies have made attempts at a “super app” in the U.S., following the success of WeChat in China, but have yet to get one off the ground. Tech leaders have struggled to combine elements like social media, messaging, payment and more into one place.
Video timeline: 0:00 App efficiency 0:37 The appeal 2:18 U.S. issues 4:03 Regulation 4:48 What’s next?
So what’s holding the U.S. back from having a super app available? WSJ explains why, despite challenges, companies still see it as their holy grail product.
Science Magazine – July 28, 2023 issue: This artwork depicts social media users that are engaged (and often enraged) from the “left” (liberals, blue) and the “right” (conservatives, red) perched on Meta’s logo. Social media algorithms personalize users’ online experiences, recommending engaging content that will interest them and possibly spark outrage.
The advent of social media forever changed how we consume news. At least half of Americans rely on it for news, and Facebook (owned by parent company Meta) is the most popular. Meta’s Facebook and Instagram platforms are funded through advertisements and generate more revenue when users spend more time on their platforms. To make platforms alluring and increase screen time, tech companies operate on business models that incentivize algorithms that are designed to elevate eye-catching content to the top of users’ feeds—content that captures attention and may go “viral” by stimulating “engagement” through comments, likes, and resharing.
The Guardian Weekly (December 16, 2022): In Germany, 25 conspirators were arrested and accused of plotting to overthrow the government. The eclectic grouping, known as the Reichsbürger plotters, espoused a far-right ideology but hailed largely from the centre of respectable German society, headed up by an elderly minor aristocrat and including in their ranks family doctors, judges, a celebrity chef and an opera singer.
Three months have passed since fervent anti-regime demonstrations began in Iran. As more grim details emerged of public executions of protesters and the grotesque targeting of women by security forces, Christopher de Bellaigue takes a deep look at the movement, in particular the role played by women and young people, and asks what it might take for a popular revolution to succeed.
Mark Zuckerberg, the CEO of Meta (formerly Facebook) has spent $100bn building a virtual reality world known as the metaverse, which he believes will replace the conventional internet. The problem is, hardly anyone seems to prefer its clunky headsets and empty landscapes to the real world. With poor financial results and redundancies at Meta, has it all been a hugely expensive mistake? Steve Rose ventures into the metaverse, so you don’t have to.
A selection of three essential articles read aloud from the latest issue of The Economist. This week, a new-look Gulf, Vladimir Putin’s partial mobilization (10:45), and the Google-Meta advertising duopoly (15:00).
A tech industry battle is taking shape over the “metaverse.” WSJ tech reporter Meghan Bobrowsky explains the concept and why tech companies like Facebook, Roblox and Epic Games are investing billions to develop this digital space. Photo: Storyblocks
News, Views and Reviews For The Intellectually Curious