Jack Dorsey is stepping down as CEO of Twitter. Dorsey announced the news in an internal email to Twitter employees today. He says he's leaving because he wants Twitter to be "the most transparent company ever." Dorsey will continue to serve on the Twitter board until next spring.
Amazon workers in 20 countries are planning protests and work stoppages on Black Friday, the shopping-centric day among Amazon's busiest all year. The Make Amazon Pay group says: "Amazon takes too much and gives back too little." The group is backed by labour groups, trade unions, grassroots campaigns, and non-profit-making organisations in individual countries.
Walmart is diversifying its bets around livestreaming and shopping with a Cyber Week special that spans multiple platforms and marks the first time a brand has run such an activation on Twitter in the U.S. The big-box store first dipped its toes in the livestreaming commerce space for the 2020 holiday season with a TikTok shop-along event and frequently iterated on the concept as consumer habits driven by the pandemic prove sticky even as in-store activity starts to pick back up.
When gyms and fitness boutiques closed their doors in early 2020, fitness tech’s moment to shine, people needed new ways to stay active, and for many, that meant stepping into the world of connected fitness. Even big tech companies started getting into wearables or launching their own fitness services, but no one had a year quite like Peloton.
The European Union is proposing a ban on media companies targeting political ads at people based on their religious views or sexual orientation, restricting online tech platforms from targeting political ad at individual users based on a list of categories.
Spotify is testing a new feature called Discover that lets users scroll through a feed of vertical videos and skip or like them, a way for users to find new music in an intuitive, rapid way, by swiping up and down to move through the feed. The feature may use Spotify's Canvas format, which allows artists to create videos to go along with songs, rather than static images.
Some Chinese state-run companies are restricting employees’ use of Tencent Holdings Ltd. ’s popular domestic messaging app, citing security concerns, telling employees that any chat groups set up for work purposes on Weixin could contain sensitive information and should be shut down.
Uber will halt its ride-hailing service in most of Belgium tomorrow following a court ruling that extends a 2015 order banning its p2p UberPop service to also cover professional drivers providing its ridehailing services. Uber told us that it is studying the detail of the ruling to decide whether to appeal the decision with the country’s Supreme Court.
Camlist, a video marketplace for pets, has raised $1.3 million in a pre-seed round, funding that the startup plans to use to develop its platform and grow its workforce, allowing sellers to list videos of the pets they wish to sell, and once contact is made, the buyer and seller can engage through both video and text-chat within the app.