Graydon Carter Backed Media Platform 'Zig' Launches
People consume media from thousands of different websites, but one new platform wants to become your single source of content. Zig combines millions of stories from around the internet and feeds it back in one single stream.
Joshua James and Adam Platzner, Co-Founders of Zig, explain how they plan to stand out from major media players such as Facebook and Twitter. As Facebook moves away from news, James says they plan to fill the void.
Graydon Carter, former Vanity Fair Editor-in-Chief, is an initial investor in the company. Patzner says Carter has been an invaluable source for direction and information. He helped the company's leaders realize that "politics is pop culture," and also helped expand the content offerings on the platform.
Stocks were generally flat after the opening bell on Friday ahead of Federal Reserve Chair Jerome Powell's comments in a speech at Spelman College later. Investors are growing optimistic that the central bank is done raising rates and may start cutting next year.
The network of nearly 4,800 fake accounts was attempting to build an audience when it was identified and eliminated by the tech company, which owns Facebook and Instagram.
Someone in China created thousands of fake social media accounts designed to appear to be from Americans and used them to spread polarizing political content in an apparent effort to divide the U.S. ahead of next year's elections, Meta said Thursday.
