5 Things To Know

1. Bluesky, the app created by Jack Dorsey is now open for anyone to join.

2. Snap has slashed 10% of its workforce.

3. Fed's Powell cautious on rate cuts and stays ambigious.

4. In memoriam: Toby keith has passed away.

5. Still having trouble reaching your new years resolutions? Try this tool and write yourself a letter ever year to help keep yourself accountable.

Bumble: Bee Mine?

Love is in the air at Bumble as it debuts of a new AI-powered tool meant to assist in spotting fraudulent, spammy, and phony profiles. The goal of the new program, named Deception Detector, is to block harmful content before Bumble users ever see it.

During testing, 95% of the accounts which were found to be spam or scam accounts were automatically blocked by the technology, according to Bumble. In the initial two months of the tool's testing, Bumble noticed a 45 percent reduction in user reports of spam, scams, and fraudulent accounts. Alongside Bumble's human moderation team is the Deception Detector.

Scammers Can Buzz Off

The new function was introduced because, according to internal Bumble research, users' top concerns when it comes to online dating are bogus accounts and the likelihood of scams. Also, the study revealed that 46% of women said they were concerned about the authenticity of the online connections they were making on dating apps. With Bumble getting humbled, shares plummeting dramatic action, these concerns were a top priority.

Bumble recently integrated AI features, mirroring Tinder's introduction of machine learning-powered user warnings, where Tinder's technology identifies Community Guidelines violations and issues warnings to users. The number of persons reporting frauds; which could be catfishes, AI, Only-Fans funneling, and overall scams in 2022 was close to 70,000. Scammers frequently use social media sites to target users and are skilled at fabricating false online personas.

TikTok’s UMG Fallout Continues

Creators are now using royalty free music for trends and it’s getting awkward.

• TikTok's dispute with Universal Music Group (UMG) has led to the abrupt removal of thousands of songs from the platform. After failing to renew its licensing deal with UMG, TikTok users have been impacted by the absence of popular tracks, affecting viral trends, dances, and memes.

• UMG's decision to remove its music from TikTok has left a void in the platform's music culture and prompted various reactions from users, including the creation of fresh memes and the use of unofficial clips of the removed tunes in older video.

• The removal of UMG's music from TikTok has disrupted the meme culture.

• Creators have been churning content quickly but with the absensse of UMG-owned tracks, has led to the creation of unofficial clips. The move has affected the ability of users to participate in viral trends that were based on UMG-owned songs, ultimately altering the dynamics of new music discovery.

• Even by the low standards that streaming services like Spotify have previously set for royalties payments, UMG claims that it removed its music off TikTok because the internet giant gave musicians a raw deal.

• Smaller artists could be impacted as a result of UMG's exit, as they will no longer have the broad reach that TikTok brings. With one of the biggest music labels in the world breathing down its neck, TikTok will need to amp up its moderation attempts to stop its users from pirating UMG tracks.