Some Snapchat users are cashing in thanks to the app’s short-form video service
called Spotlight. The social media app pledges to pay creators with the top videos from a pool of
$1 million each day. Snapchat has paid out over $100 million so far, and
Spotlight has over 175,000 video submissions per day.
Twitter CEO Jack Dorsey is closing the bidding on his first ever tweet being sold as an non-fungible token on Sunday. The highest bid stands at $2.5 million. Dorsey says he will donate the proceeds from the tweet to charity it the form of Bitcoin.
Twitter marked its 15th anniversary Sunday. The company has
continued to expand the way people can communicate. They recently introduced a
feature called “fleets,” allowing user to post temporary tweets and have added
voice tweets.