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Big Revolution - Giving up everything

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Welcome to your weekend big reads edition of the newsletter. — Martin from Big Revolution
 
June 27 · Issue #757 · View online
Big Revolution
Welcome to your weekend big reads edition of the newsletter.
— Martin from Big Revolution

Big things you need to know today
  • More big names have joined the Facebook ad boycott. Unilever will stop buying ads on both Facebook and Twitter for the rest of 2020, and Coca-Cola will stop all social ads this year. However, advertisers have given themselves plenty of wiggle room.
  • Facebook as taken steps to address the reason for the boycott. Mark Zuckerberg says it will label newsworthy content that violates its policies, better police hateful content in ads, tackle voter suppression, and offer authoritative information to voters during the pandemic.
  • Y Combinator is to cut the standard amount it invests in startups, but still take the same equity stake in each one. The change is “in line with the fundraising and budget realties of the accelerator going forward,” TechCrunch reports.
  • A spoof startup called 👁👄👁 went viral on Twitter yesterday but it was all a plan to raise awareness of social issues while taking advantage of the FOMO nature of Silicon Valley hype cycles.
Big weekend reads
Inside the Social Media Cult That Convinces Young People to Give Up Everything Inside the Social Media Cult That Convinces Young People to Give Up Everything
An in-depth look at a bizarre social media-native cult.
How Uber Turned a Promising Bikeshare Company Into Literal Garbage
“JUMP wanted to create a better, more bike-friendly world. Former employees told Motherboard how getting acquired by Uber led to JUMP bikes being destroyed by the thousands.”
Netflix’s July slate proves how far ahead the company is in the streaming wars
How Netflix keeps pumping out new content, despite the production shutdowns that have blighted the media this year.
Superhuman’s email app is overhyped and overpriced
I love Superhuman, but it’s not for everyone — especially at the price they charge.
Down the rabbit hole: how QAnon conspiracies thrive on Facebook
Millions of people engage with the Qanon conspiracy theory movement on Facebook.
One big tweet
rat king
am in the minority opinion that facebooks announcements today aren’t exactly earth shattering

policies mean little until they’re enforced, and that track record is pretty spotty

(Also would love to know click through rate on fact checks of viral false info)
That’s all for today...
Back on Monday with more.
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