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Rani Molla

Soon, you’ll be able to moderate Meta content in exchange for $0

Meta just released new details on its Community Notes program, “The new way for people on Facebook, Instagram and Threads to decide when to add more context to posts that are potentially misleading or confusing.”

Basically, beginning next week, if the spirit moves you more than financial compensation, you, the user, can take over from third-party fact-checkers, who previously moderated content for money. But instead of removing content, you’re adding to it.

“We expect Community Notes to be less biased than the third party fact checking program it replaces because it allows more people with more perspectives to add context to posts,” the company said in a blog post.

The move, which CEO Mark Zuckerberg announced in January, positions Zuckerberg and his Meta social media platforms closer to X and Elon Musk.

Indeed, Meta is using X’s open-source algorithm as the basis of its ratings system.

For now, Meta will be testing the program by allowing some of the 200,000 people on its waitlist to write notes on content. The company won’t publish the comments until after it tests the writing and ratings system, it said, and when they are published, won’t include names.

“We’re going to take time to do this right,” the site reads.

Approved adult contributors can’t add notes to advertisements but they can try and correct Meta executives, the company said.

“We expect Community Notes to be less biased than the third party fact checking program it replaces because it allows more people with more perspectives to add context to posts,” the company said in a blog post.

The move, which CEO Mark Zuckerberg announced in January, positions Zuckerberg and his Meta social media platforms closer to X and Elon Musk.

Indeed, Meta is using X’s open-source algorithm as the basis of its ratings system.

For now, Meta will be testing the program by allowing some of the 200,000 people on its waitlist to write notes on content. The company won’t publish the comments until after it tests the writing and ratings system, it said, and when they are published, won’t include names.

“We’re going to take time to do this right,” the site reads.

Approved adult contributors can’t add notes to advertisements but they can try and correct Meta executives, the company said.

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Tesla investors like the idea of merging with SpaceX

Tesla is trading up about 2.5% in early trading Friday after reports Thursday that the Elon Musk-led company was considering a merger with SpaceX, another of Musk’s many companies.

That’s a better showing than the stock’s reaction to its better-than-expected earnings a day earlier, after which shares closed down 3.5%. Acquiring a very valuable, entirely different company, it turns out, is a more attractive prospect than watching an existing one’s revenue and profit decline.

Musk is also reportedly considering merging SpaceX with xAI, his artificial intelligence company, which recently combined with his social media platform, X.

Musk is also reportedly considering merging SpaceX with xAI, his artificial intelligence company, which recently combined with his social media platform, X.

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WSJ: OpenAI plans Q4 IPO in race to be the first AI startup to enter public markets

OpenAI was the first to the generative-AI market with ChatGPT, and now it hopes to be the first of its AI startup cohort to pull off an initial public offering, according to a report from The Wall Street Journal. The $500 billion startup is in a race against its $350 billion competitor Anthropic, which has also been exploring an IPO.

Per the report, OpenAI is in talks with banks to try for a fourth-quarter IPO this year, which has the potential to be one of the largest IPOs ever in a year that is expected to see many record-breaking tech companies tap into public markets to raise sizable new rounds of capital.

Ahead of a potential public listing, OpenAI is reportedly attempting to raise a massive round of private investment. The company is reportedly aiming to raise $100 billion, with Amazon potentially accounting for up to half of that target. Other investors in talks with OpenAI over the private fundraising round include Nvidia, Microsoft, and SoftBank.

Per the report, OpenAI is in talks with banks to try for a fourth-quarter IPO this year, which has the potential to be one of the largest IPOs ever in a year that is expected to see many record-breaking tech companies tap into public markets to raise sizable new rounds of capital.

Ahead of a potential public listing, OpenAI is reportedly attempting to raise a massive round of private investment. The company is reportedly aiming to raise $100 billion, with Amazon potentially accounting for up to half of that target. Other investors in talks with OpenAI over the private fundraising round include Nvidia, Microsoft, and SoftBank.

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SpaceX is actually considering a merger with Tesla or xAI: Report

Bloomberg reports that Elon Musk’s SpaceX is considering merging with Musk’s Tesla. Earlier today, Reuters had reported that SpaceX was thinking of potentially merging with xAI ahead of SpaceX’s IPO this year.

From Bloomberg:

The firm has discussed the feasibility of a tie-up between SpaceX and Tesla, an idea that some investors are pushing, the people said, asking not to be identified as the information isn’t public. Separately, they are also exploring a tie-up between SpaceX and xAI ahead of an IPO, some of the people said.

Musk’s companies already have numerous relationships between themselves, including most recently Tesla’s $2 billion investment in xAI. At Tesla’s shareholder meeting last year, shareholders voted to invest in the company but the board didn’t approve the measure due to significant abstentions.

In 2024, SpaceX incurred about $2.4 million in expenses under commercial, licensing, and support agreements with Tesla, and Tesla incurred about $800,000 in expenses for Musk’s use of SpaceX’s jet.

From Bloomberg:

The firm has discussed the feasibility of a tie-up between SpaceX and Tesla, an idea that some investors are pushing, the people said, asking not to be identified as the information isn’t public. Separately, they are also exploring a tie-up between SpaceX and xAI ahead of an IPO, some of the people said.

Musk’s companies already have numerous relationships between themselves, including most recently Tesla’s $2 billion investment in xAI. At Tesla’s shareholder meeting last year, shareholders voted to invest in the company but the board didn’t approve the measure due to significant abstentions.

In 2024, SpaceX incurred about $2.4 million in expenses under commercial, licensing, and support agreements with Tesla, and Tesla incurred about $800,000 in expenses for Musk’s use of SpaceX’s jet.

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