*By Michael Teich*
At a time when misinformation floods digital news platforms, and internet trolls take over comment sections, online news platform NewsPicks is turning to high-profile curators for quality content.
Curation led by trusted sources increases the "chance of bringing in the best content that's obviously not fake," said CEO Ian Myers.
The growing need to purge tech sites of potentially problematic content was highlighted most recently by Twitter which, [according to the Washington Post](https://www.washingtonpost.com/technology/2018/07/06/twitter-is-sweeping-out-fake-accounts-like-never-before-putting-user-growth-risk/), suspended 70 million fake accounts over the last two months and was banning more than a million accounts a day.
Fears that such a culling would cut into user growth sent shares of Twitter reeling Monday, though the stock was about to pare losses after CFO Ned Segal [tweeted](https://twitter.com/nedsegal/status/1016371745933033472) that such accounts were not counted in the company's metrics.
Still, the way news is digested and delivered is undergoing a period of disruption, and tech companies such as Apple, Google, and Facebook are looking to seize the market. But the aggregation by Silicon Valley natives lacks originality, Myers told Cheddar.
“It’s commodity news. Doesn’t matter where you get it. It’s just where you click first.”
NewsPicks is owned by a Japanese media company that also acquired Quartz last week for up to $110 million.
For the full segment, [click here.](https://cheddar.com/videos/newspicks-ceos-key-to-winning-digital-news-quality-over-quantity)
With just nine months until California implements the strictest data privacy law in the nation, the vast majority of businesses operating in the state are not compliance ready, a new report found.
There's a phenomenon on the internet called the "Streisand Effect," whereby a person's attempt to suppress information ends up widely publicizing that very same information. It was named after a situation an incident when Barbra Streisand tried to keep images of her Malibu mansion off the web and inadvertently drew massive amounts of attention to it. And it's why Devin Nunes' mom was trending on Twitter Tuesday morning.
Snap Inc. plans to announce its long-rumored gaming platform for developers next month. The mobile game platform, internally codenamed “Project Cognac,” will feature a handful of games from outside developers designed to work specifically in the Snapchat app.
Editor's Note: On Wednesday afternoon, Cheddar Business erroneously reported that a Circle executive had left the company. A company spokesperson has confirmed that the executive remains an employee of Circle. Cheddar Business regrets the error.
A recent independent valuation of Tinder commissioned by parent company Match Group has placed the dating app's value at roughly $10 billion, an astounding increase from a $3 billion valuation less than two years ago that has potential ramifications for an explosive lawsuit against the company.
Elon Musk may be going to Vegas. The Las Vegas Convention and Visitors Authority has recommended that The Boring Company be chosen to construct a "people mover" below the expanding convention center.
The mercurial and Twitter-obsessed Tesla ($TSLA) CEO changed his handle overnight to "Elon Tusk" with an elephant emoji, and tweeted that there would be "some Tesla news" coming at 2 p.m. on Thursday.
Snap Inc. CEO Evan Spiegel isn't one to typically tease future products, but he did hint that Snapchat has bigger ambitions for e-commerce during a talk at a conference on Monday. Snapchat has "pretty cool products coming on the e-commerce side that we’re excited about," Spiegel said onstage at Morgan Stanley's Tech, Media, and Telecom industry conference in San Francisco.
After packing up its plans to open a new campus in New York City, is it possible Amazon will cross the river and set up shop in Newark, N.J.? That city is holding out hope that Amazon's exodus from New York doesn't mean that it's done expanding in the region. Aisha Glover, president and CEO of the Newark Alliance, told Cheddar on Tuesday that her job is to "gently nudge them and remind them that Newark is still there."
SoundCloud, the German streaming service that was on the brink of collapse before a financial rescue in 2017, is doubling down as a platform for creators with a new service that will allow artists to upload and push their content to all of the major streaming providers, including Apple, Spotify, and Amazon. SoundCloud CEO Kerry Trainor told Cheddar it's an "exciting and natural addition" to SoundCloud's value proposition as a place where artists go to distribute their music.
