How Americans See News on Major Web Platforms; X Makes Likes (Mostly) Private; Apple Stock Hits All-Time High After WWDC Keynote on AI; Waymo-2nd Recall After Robotaxi Hits Phone Pole

Pew Research.org has just released a study on how Americans get news and information from the likes of TikTok, X, Instagram, and Facebook. The study surveyed over 10,000 adult internet users in the US between March 18th and 24th of 2024. Here are some interesting headlines. First, the majority of Facebook, Instagram, and TikTok users say keeping up with news is not a reason they use the sites. X (formerly Twitter) is the exception to this pattern: Most X users say that keeping up with news is either a major or minor reason they use the platform, and about half say they regularly get news there. That said, users do see news on all four platforms…particularly through opinion or humor based content…in other words, they’re seeing news through memes! Those who regularly get news on Facebook and Instagram are more likely than those on TikTok and X to get news from friends, family and acquaintances. More news consumers get news from influencers or other people they don’t know personally on TikTok than on other platforms. And news outlets or journalists are a more common source of news on X than on any other site. Lastly, and in general, Democrats tend to be more skeptical than Republicans of the news they see on X, while the reverse is true on Facebook. Among those who regularly get news on X, for example, 42% of Democrats and independents who lean toward the Democratic Party say they often see news there that seems inaccurate, compared with 31% of Republicans and GOP leaners. As one talk host I used to manage used to say…and still does, actually…’We’re doomed….doomed!’

The platform known as X (why do I feel like I’m echoing the old ‘artist formerly known as Prince) will now make likes mostly private. Engadget.com says this is coming from Elon Musk, who calls it an important change so people can  “like posts without getting attacked for doing so.” Hiding likes up to now has been a feature of the paid X Premium tier. Premium costs $16 a month and does cut ads from timelines. You will still be able to see who liked your own tweets and the count of likes and other metrics…but others won’t be able to. 

Apple got a nice stock price boost after introducing ‘Apple Intelligence,’ its flavor of AI at the WWDC keynote Monday. The stock moved above the $200 per share mark, and hit a new all- time high in intraday trading, according to macrumors.com. We had reported that Nvidia had briefly passed Apple last week to become the world’s second most valuable company after Microsoft, but Apple has retaken the #2 spot…with a market cap of $3.1 trillion. Microsoft is at $3.2 trillion at the moment. 

Waymo has put out a recall for all 672 of its iPace EV Jaguars after one hit a phone pole in Phoenix. Techcrunch.com reports that the Alphabet division had to recall software for vehicles in February after two one them hit the same pickup that was being towed by a tow truck. According to Waymo spokesperson Katherine Barna, this is just the 2nd voluntary recall by the autonomous vehicle company. Waymo is being proactive after incidents with GM-owned Cruise, including one where a Cruise vehicle hit and dragged a pedestrian  in San Francisco last year.  

I’m Clark Reid and you’re ‘Technified’ for now.