Social Media News Roundup 10.10.18

Instagram now supports third-party authentication apps on Android

After quietly working on the product for months, Instagram has officially rolled out support for third-party authentication apps like Google’s Authenticator or Duo Mobile on Android. (The Verge)

Facebook faces backlash over £7.4m UK tax bill on sales of £1.3bn

The chancellor is under growing pressure to impose tougher taxes on multinational firms following the publication of Facebook's latest UK accounts. (Sky News)

Snap falls to new low after media analyst says company is 'quickly running out of money'

"While it is obvious that Snap wasn't prepared for life as a public company, it now has a more pressing problem. It is quickly running out of money," analyst Michael Nathanson wrote Tuesday. (CNBC)

Instagram now uses machine learning to detect bullying within photos

Instagram and its users do benefit from the app’s ownership by Facebook, which invests tons in new artificial intelligence technologies. Now that AI could help keep Instagram more tolerable for humans. (TechCrunch)

Facebook's biggest threat was never Google+, it was YouTube

Google+ became the butt of jokes, but the continued success of YouTube shows Facebook's true competitor (Wired)

Here’s how indie artists will make money with SoundCloud Premier

SoundCloud announced that it is opening up its direct monetisation program to the public, finally giving most artists the ability to make money off of the platform. (The Verge)

Facebook Workplace adds algorithmic feed, Safety Check and enhanced chat

Workplace, the version of Facebook tailored to enterprises that has over 30,000 organisations as paying customers, is ramping up the service today with a rush of new features to help it competes with the likes of Slack and Microsoft’s Teams. (TechCrunch)