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What We’re Reading
We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
BBC / Graham Fraser / Aug 1, 2024
“The Securities and Exchange Commission (SEC) accuses Abraham Shafi of defrauding investors by making misleading statements about the company’s growth. IRL – which was once considered a potential rival to Facebook – took its name from its intention to get its online users to meet up in real life. However, the initial optimism evaporated after it emerged most of IRL’s users were bots, with the platform shutting in 2023.”