Tech
Twitter’s global market share grows by 55% in 2022 while Facebook loses 12%
Twitter (NYSE: TWTR) and Facebook (NASDAQ: FB) rank as the pioneer social media platforms accounting for billions of users globally, with the two companies competing to be the ultimate leader in the space. However, in recent months, both platforms have recorded a fluctuation in the market share, with Twitter appearing to have the upper hand from a growth perspective amid ongoing internal administrative changes.
In particular, data compiled and calculated by Finbold on November 8 indicates that Twitter’s market share has surged by 55.86% in 2022. On the other hand, Facebook’s share plunged by 11.86% between January and November 2022. The market share value accounts for desktop and mobile devices worldwide.
A breakdown of the market share indicates that Facebook began the year at 76.85%, the platform’s highest share in 2022, while in November, the value stood at 67.73%. Elsewhere, in January, Twitter had a market share of 7.16%, while as of November, the figure stood at 11.16%.
Twitter hits new levels under Elon Musk
From the data, Facebook remains the dominant social media platform, but Twitter is winning the race to expand its market share. Twitter’s share has spiked in correlation with the company’s acquisition by Tesla (NASDAQ: TSLA) CEO Elon Musk, who has already begun implementing several changes at the company.
Interestingly, internal reports, also confirmed by Elon Musk, indicate that Twitter’s daily user growth attained an all-time high during the first full week of Musk’s tenure. The performance appears to quell initial fears that Twitter might experience a mass exodus of users with Musk’s takeover.
Based on the market share data across the year, it can be assumed that Musk has influenced the numbers; for instance, the share spiked around May when the deal was first announced but appeared to plunge after he initially backed out.
In general, the growing market share is a welcomed development considering that a recent report signaled challenging times for Twitter for losing its most active users. Notably, this factor was among the critical areas of focus for Musk after taking over. In this case, the Tesla boss has proposed changes to the Twitter Blue subscription feature. Under the changes, Twitter has rolled out an option to purchase “verified” blue badge for $7.99 a month to incentivize people to interact more.
However, Musk’s initial involvement with Twitter has come with objections from some quarters and will test the company’s ability to sustain its market share. For instance, employees had objected to the deal even as Musk initiated layoffs in his first week. At the same time, Musk’s stand on free speech on the platform has been questioned, a factor likely to affect both users and advertisers.
Impact of Twitter design changes
Besides the Musk factor and promises to make a change, Twitter’s growth can also be attributed to elements like changing the design. Although the company received criticisms for changing its appearance, the move to have the horizontal navigation menu shift from the top of the screen to the left-hand panel has appeared successful.
Interestingly, Twitter has previously been scrutinized for attempting to emulate Facebook, especially with the rollout of its stories-like Fleets. However, Twitter resorted to shutting down the feature due to a lack of user interest.
At the same time, Twitter’s content diversity appears to appeal to most users. Notably, the platform supports cryptocurrencies alongside enabling “not safe for work” (NSFW) such as nudity and pornography.
Facebook’s dwindling market share
At the same time, Facebook’s market share has been affected by the growing competition with newer social media platforms like TikTok. In this line, the company is losing both users and advertising revenue to rivals like TikTok.
Market experts have also accused Facebook of attempting to push users from the platform. Notably, the platform is enticing users from the traditional news feed to reels, a factor that can also hurt its revenues.
Overall, Facebook has struggled with users over the years, with experts pointing to factors like information overload, privacy concerns, addiction, peer pressure, and the emergence of new platforms. Facebook’s dominant focus on promoting the metaverse has yet to yield results despite the aggressive push by CEO Mark Zuckerberg.
Finally, Facebook and Twitter’s ability to sustain and grow their market share will depend heavily on how the platforms intend to attract new users amid the rising competition. For example, the competing platforms offer similar features to Facebook, giving users alternatives.
Twitter has managed to stand out, considering that there is no solid option for the Musk-led company. Notably, Twitter has dominated as a uniquely influential site that is fast-moving, text-heavy, conversational, and news-oriented.
The post Twitter’s global market share grows by 55% in 2022 while Facebook loses 12% appeared first on Finbold.
Tech
NEAR AI Cloud API Adds OpenAI Compatibility and Tiered Privacy
NEAR AI said its Cloud API is now OpenAI-compatible, allowing developers to point existing clients at a new base URL while keeping the rest of their code unchanged. The company also said requests are proxied through NEAR AI, so the model provider sees NEAR AI as the source rather than the end user or the workload owner.
The launch was outlined in NEAR AI’s announcement post, which describes the API as private-chat focused and says the privacy level depends on the model selected. According to the post, third-party models are proxied through NEAR AI, while models marked TEE are designed to keep prompts and outputs unreadable to anyone else, including NEAR.
Compatibility is the main change; privacy depends on the route
For developers, the practical change is that an OpenAI-style integration can be redirected to NEAR AI without rewriting the application logic. NEAR AI said the same API surface can be used while the underlying model choice determines how the request is handled and how much of the data remains visible outside the secure environment.
The company’s description suggests two layers of privacy handling. In the proxy setup, the lab receives the request from NEAR AI rather than from the original user. In the TEE path, NEAR AI said the prompt and output remain unreadable to anyone else, including NEAR itself.
The announcement does not change the basic fact that this is still a cloud API service, but it does position the product as a compatibility layer for teams that want to move existing OpenAI-based workflows without changing the client code structure.
The post NEAR AI Cloud API Adds OpenAI Compatibility and Tiered Privacy appeared first on The Cryptocurrency Post.
Tech
Aptos research on quantum-resistant BFT consensus accepted to IEEE S&P ’27
Aptos Labs said research on a quantum-resistant Byzantine fault tolerant, or BFT, consensus design has been accepted to IEEE S&P ’27. In the company’s announcement on X, Aptos Labs said the paper shows BFT consensus can be made quantum-resistant without sacrificing performance.
Congratulations to Aptos Labs’ @XiangZhuolun and his co-authors: Simple-IT has been accepted to IEEE S&P ’27! 🎉
The paper shows that BFT consensus can be made quantum-resistant without trading away performance.
Learn more below. https://t.co/ihkyhwSVaV pic.twitter.com/bO917aTE6a
— Aptos Labs (@AptosLabs) September 15, 2026
The update centers on a research result rather than a network change. Aptos did not say in the announcement that the paper represents a live protocol upgrade, only that the work has been accepted for presentation at the 2027 edition of IEEE’s security and privacy conference.
An additional post from Aptos co-founder Avery Ching congratulated researcher Xiang Zhuolun and co-authors, saying the paper, Simple-IT, had been accepted to IEEE S&P ’27. That post echoed the same core claim: that the design can preserve performance while adding quantum resistance.
Research claim, not deployment status
Based on the company’s wording, the key point for readers is that Aptos is highlighting a research contribution in consensus design, not announcing that users or validators must change anything immediately. The announcement frames the work as evidence that post-quantum security can be explored without an obvious performance trade-off.
That distinction matters because acceptance at a conference signals academic recognition of the paper, while actual network behavior would depend on whether and when any of the ideas are implemented in production.
The company did not provide implementation timing, rollout details or network-wide activation plans in the announcement. For now, the development is best read as a technical milestone for Aptos Labs’ research team.
The post Aptos research on quantum-resistant BFT consensus accepted to IEEE S&P ’27 appeared first on The Cryptocurrency Post.
Tech
NEAR AI says confidential inference is expanding across its cloud stack
NEAR AI said its cloud offering now supports an integration with Intel Trust Authority that it describes as advancing confidential inference and independent attestation. In a separate public post, the NEAR Protocol account said more than 500,000 NEAR has been staked toward confidential inference on NEAR AI Cloud, with more than 40 models supported, including those from Anthropic, OpenAI and Google.
The official blog post frames the integration as a step toward confidential AI execution, where inference can be performed in a protected environment. The announcement does not explicitly use the term “formal verification,” even though that phrase has appeared in some references to the story.
What NEAR is signaling around its AI cloud
The clearest confirmed detail is that NEAR AI is linking its cloud product with Intel Trust Authority and presenting the setup as a way to support confidential inference with attestation and verification features. That makes the update more specific than a broad AI branding push: it points to a technical change in how the cloud service is being positioned and operated.
The staking figure shared by NEAR Protocol suggests active participation around that cloud product, but the post itself does not spell out the mechanics behind the staking, the incentives involved or whether the figure reflects user demand, ecosystem support or another form of commitment. The company’s message does confirm the scale it wants readers to notice: 500,000+ NEAR and 40+ supported models.
For readers tracking AI-focused crypto projects, the relevant distinction is between a product that is being described as confidential and one that is broadly live and verified at the application layer. NEAR’s announcement supports the first point clearly. The broader operational and adoption picture remains limited to what the company has publicly said.
The post NEAR AI says confidential inference is expanding across its cloud stack appeared first on The Cryptocurrency Post.
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