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Spotify Expands Video Offering, Takes On YouTube And TikTok With Full-Length Music Videos: Report
Monday, July 3, 2023 - 5:13am | 423Spotify Technology S.A. (NYSE: SPOT) explored adding full-length music videos to its app, intensifying rivalry with Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube and ByteDance Ltd’s TikTok. The Spotify service has already begun talking to...
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Elon Musk's Copyright Blues: Music Labels Sing A $250M Litigation Song for Twitter
Thursday, June 15, 2023 - 12:00am | 673Elon Musk’s Twitter finds itself in a cacophony of legal trouble as music firms unleash a $250 million lawsuit, accusing the microblogging site of copyright infringement and demanding $150,000 per work violated. What Happened: National Music Publishers’ Association has filed a...
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What TikTok Ban? China's Social Media Firm Introduces New Ad Product
Thursday, May 4, 2023 - 10:38am | 487TikTok shared plans to launch Pulse Premiere, allowing a privileged group of creators to collect half the revenue from video ads just after their TikTok posts. The new product promises to dole out similar perks for accounts from select publishers, like Cond...
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Meta Rival TikTok Loses Key Official As It Struggles To Win US's Vote Of Trust
Wednesday, May 3, 2023 - 10:06am | 378Eric Han, in charge of TikTok's U.S. trust and safety operations for years, will depart in May amid increasing pressure for the U.S. government to ban the popular video-sharing app. TikTok promoted Han to lead trust and safety at the company's newly walled-off U.S....
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TikTok Flares Up Meta Rivalry With Latest Move, Doles Out Attractive Offers To Meta's VR Contenders
Thursday, April 13, 2023 - 12:28pm | 528TikTok parent ByteDance Ltd is eyeing developers behind virtual-reality software for Meta Platforms Inc (NASDAQ: META) to bring their apps to its fast-growing Pico headsets. ByteDance has offered some VR developers $15,000 - $25,000 per title, the Wall Street...
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TikTok Weighs More Data Centers In Europe Despite User Privacy Concerns: Report
Friday, February 17, 2023 - 6:18am | 515Chinese social media company TikTok reportedly eyed two more data centers in Europe, reflecting possible ease over data privacy and regulatory crackdowns. TikTok struggled to resolve global government and regulatory concerns over user privacy, courtesy of its Chinese roots....
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Meta Splurges On BuzzFeed To Tap Budding Content Creator Market
Thursday, January 26, 2023 - 7:21am | 368Facebook parent Meta Platforms Inc (NASDAQ: META) paid BuzzFeed, Inc (NASDAQ: BZFD) millions of dollars to lure more creators to the social-media giant’s platforms. As part of a deal reached last year worth $10 million, BuzzFeed agreed to help generate creator...
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Google Gets A Breather In UK Court Ruling Against Plagiarism Charges By Smaller Rival
Friday, January 13, 2023 - 1:28pm | 390Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google won a ruling enabling the U.K. High Court to settle a dispute with short-film firm Shorts International Ltd. Shorts International alleged YouTube of trademark infringement by using the word "Short,"...
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US Republicans Support Idea Of TikTok Sale To US Entity To Dodge Ban
Tuesday, January 3, 2023 - 8:54am | 451Republican congressman Mike Gallagher who introduced legislation to ban TikTok in the U.S. welcomed the idea of selling the Chinese-owned video-sharing app to an American company. The prominent China critic likely to take on an influential role when the new Congress...
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Big Tech Like Google, Meta And Others Ditch Office Space In London And Europe
Thursday, December 22, 2022 - 3:20pm | 624Big Tech groups dumped offices that were part of their European headquarters as macro headwinds halted the sector’s years of rapid expansion. Office values tumbled on both sides of the Atlantic due to rising interest rates, bleak macro outlook, and increased remote-based work, Financial...
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Tencent Co-Founder Pony Ma Vents Out Again - This Time Against Lazy And Dishonest Employees
Thursday, December 22, 2022 - 12:47pm | 511Tencent Holding Ltd's (OTC: TCEHY) co-founder Pony Ma expressed frustration about slackening, ignorant, and unscrupulous employees. The usually mild-mannered tycoon helped create China's largest internet firm away from the spotlight, Bloomberg reports. Last week, Ma summoned...
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Amazon Launches TikTok Like Shopping Feature To Tap Biggest Holiday Season
Thursday, December 8, 2022 - 12:41pm | 481Amazon.Com, Inc (NASDAQ: AMZN) launched a ByteDance Ltd TikTok-like feature in its app to help customers to buy products from a customized feed of photos and videos. Amazon launched the feature for select customers and looks to extend it across the U.S. in the coming...
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YouTube, TikTok Scored Over Facebook In Tackling Politically Violent Content, Study Says
Friday, December 2, 2022 - 9:04am | 513Meta Platforms Inc (NASDAQ: META) Facebook says it does not allow content that threatens serious violence. But when researchers submitted ads threatening to "lynch," "murder," and "execute" election workers around Election Day this year, the company...
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Amazon's Famous Livestreaming Platform Takes Steps To Counter Child Predation
Wednesday, November 23, 2022 - 9:22am | 387Amazon.Com, Inc (NASDAQ: AMZN), owned popular video game live-streaming site Twitch announced changes on the platform to increase safety for its young users after drawing criticism over child predation. Twitch introduced mandatory phone verification requirements and fortified...
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YouTube Adds More Shopping Features To Diversify Revenue Stream
Tuesday, November 15, 2022 - 10:38am | 397Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube is bringing shopping features to its ByteDance Ltd-owned TikTok-like short-form video service to diversify its revenue stream squeezed by falling ad spending, Reuters reports. Ad sales on YouTube slipped to $7.07 billion in the...