170M

Alex Barinka / Bloomberg: In prepared Senate testimony, TikTok CEO Shou Chew says the company plans to spend $2B+ in 2024 on trust and safety globally and the app has 170M US MAUs — - Shou Chew joins US rivals in Senate hearing Wednesday — Global social media chiefs will outline plans to protect kids Alex Barinka / Bloomberg: In prepared Senate testimony, TikTok CEO Shou Chew says the company plans to spend $2B+ in 2024 on trust and safety globally and the app has 170M US MAUs …

Back in 2021, Japanese investment giant SoftBank led a little-known social media app called IRL to unicorn status and an overall valuation of $1.17 billion by investing over $170 million. Well, it turned out that the app completely made up its user numbers, admitting that 95 percent of its purported 20 million user base was fake, At the time, SoftBank “an innovative event-based social network” that enables “people to do more together.” However, the firm didn’t know that there were no actual people doing more together.…

via Universal History is littered with the discarded remains of failed cinematic universes, but the majority of them have come after Marvel Studios entered the fray and changed the entire complexion of cinema forever. There were a scant few who tried to replicate the MCU formula before it was even a thing, but Stephen Sommers’ Van Helsing is pretty indicative of the reasons why it rarely succeeded. Having delivered an era-defining blockbuster with The Mummy and then followed it up with an equally successful but…