12/14/2023 0 Comments Keep it a secret twitterSo API stands for application programming interface. Kai Ryssdal: For those who are not well-versed, could you give the layman’s description of what APIs are, please? The following is an edited transcript of their conversation. He joined Marketplace’s Kai Ryssdal to talk about how it’s playing out and what kind of downstream effects we might see. Matt Binder, a senior tech reporter at Mashable, has written about the clash over social media APIs. In light of these money issues, Twitter and Reddit decided to try something new: They introduced new pricing schemes for third-party developers who use their platforms. As a point of comparison, Meta brought in $113 billion in ad sales last year, Twitter generated nearly $7 billion and Reddit banked just $350 million. Reddit, too, has been trying to figure out new ways to monetize. But he seems to be working on that problem. Elon Musk himself, Twitter’s new owner, recently said Twitter is “ negative cash flow” and that ad revenue has been cut in half since his acquisition. However, it is fairly common for tech employees to jump from one company to another, particularly if they have worked at a social media platform.It is no secret that Twitter HQ is having money problems. At the time, Musk said it was in response to companies using Twitter to train their AI models.Ī cursory search of LinkedIn conducted by the Guardian found several Meta employees hired in the last year who previously worked at Twitter. Twitter’s owner, Elon Musk, has recently made several moves to purportedly curtail any efforts to scrape Twitter data, including limiting the number of tweets users can see in a day. Twitter also said Meta was “prohibited” from scraping data from any Twitter service. Twitter responded to a request for comment with an automated email of a poop emoji. It is unclear what evidence Twitter has that former employees who now work at Meta continue to have access to Twitter intellectual property or trade secrets. In response to the letter, Meta’s communications director, Andy Stone, posted on Threads that there are no engineers on the team that used to work at Twitter. “Competition is fine, cheating is not,” Musk tweeted on Thursday. “With that knowledge, Meta deliberately assigned these employees to develop, in a matter of months, Meta’s copycat ‘Threads’ app with the specific intent that they use Twitter’s trade secrets and other intellectual property in order to accelerate the development of Meta’s competing app, in violation of both state and federal law as well as those employees’ ongoing obligations to Twitter,” the letter reads. Twitter claims in the cease-and-desist that Meta has poached dozens of former employees in the past year, some of whom “had and continue to have access to Twitter’s trade secrets and other highly confidential information” and “many” of whom have “improperly” kept Twitter documents or electronic devices. “This is as good of a start as we could have hoped for!” Zuckerberg said in a thread on Thursday. Zuckerberg said Threads was Meta’s attempt at taking a shot to build a “public conversations app with 1bn+ people” – an opportunity that Twitter had but “hasn’t nailed”. Threads accounts are linked to Instagram profiles, making the process to sign up seamless between apps and giving the Twitter copycat a built-in user base. The company said Threads garnered 30m sign-ups in less than 24 hours after launching, apparently making it the most rapidly downloaded app ever. Meta launched Threads, a text-based conversation app intended to rival Twitter, on Wednesday to a largely positive reception. “Twitter intends to strictly enforce its intellectual property rights, and demands that Meta take immediate steps to stop using any Twitter trade secrets or other highly confidential information,” Alex Spiro wrote in the letter.
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