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Social platforms are neither communication services nor publishers, and society will have to evolve new norms to regulate speech on them (Benedict Evans)

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China-based Zilliz, which builds open source software for processing unstructured data, raises $43M Series B led by Hillhouse Capital (Rita Liao/TechCrunch)

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Benedict Evans:

Social platforms are neither communication services nor publishers, and society will have to evolve new norms to regulate speech on them  —  Facebook has close to 2bn users, posting over 100bn things each day.  The global SMS system, at its peak, had 20-25bn messages a day.



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