Media and Content Platform News

From streaming video platforms, through to content management, our latest news and analysis articles covering media and content platform businesses.

ShareChat

ShareChat in talks to raise up to $200 million capital

Indian content-sharing platform ShareChat is in early-stage talks with Sequoia Capital and some other investors to raise up to $200 million, which could value the platform business...

ByteDance CEO

ByteDance founder defends TikTok’s US strategy

ByteDance founder Zhang Yiming has told employees that there were misunderstandings on Chinese social websites concerning TikTok’s situation in the US and that the business c...

Microsoft

Microsoft’s attempt to acquire TikTok endears old company to new generation

Microsoft has emerged as a saviour to young users of TikTok, who praised the technology sector giant for attempting to buy parts of social networking company’s operations, in...

TikTok

Microsoft nears big bet on TikTok after risky LinkedIn deal shows promise

Microsoft Corp’s possible purchase of short-video app TikTok carries a myriad of dangers, thrusting it to the fraught social networking business and geopolitical conflict ami...

Micosoft

White House adviser Navarro suggests Microsoft divest its China holdings

White House trade adviser Peter Navarro suggested on Monday that Microsoft Corp could divest its holdings in China if it were to buy the Chinese possessed short-video program TikTo...

TikTok

China says it will not accept US ‘theft’ of TikTok

China will not accept the “theft” of a Chinese tech company and is able to respond to Washington DC’s movement to drive ByteDance to market short-video program Ti...

TikTok US

Trump to give ByteDance 45 days to agree sale of TikTok

President Trump has agreed to provide China’s ByteDance 45 days to negotiate the sale of TikTok to Microsoft, two individuals knowledgeable about the issue said on Sunday.

Google

Google advertising rebound offsets Alphabet’s first-ever sales drop

Google’s advertising sales have recovered since they plummeted back in March because of the COVID-19 pandemic, parent Alphabet Inc said on Thursday, easing worries about its ...

TikTok US

Senators urge US Justice Department to probe TikTok and Zoom

Senators Richard Blumenthal, a Democrat, and Josh Hawley, a Republican, wrote to the US Justice Department on Thursday to advocate a probe of technology company Zoom and Chinese-ow...

Tech Titans

US lawmakers accuse Big Tech of crushing rivals to boost profits

Google and Facebook took the sharpest jabs from politicians at a much-anticipated congressional hearing that put four of America’s most notable tech Chief Executives in the p...

Congress Hearings Big Tech

At big tech hearing, the non-denials speak louder than words

At Wednesday’s hotly anticipated congressional hearing on ‘Big Tech’ Chief Executives, much of what they said was utterly predictable, namely we’re not that...

TikTok

ByteDance investors value TikTok at $50 billion

Some investors of TikTok’s parent firm ByteDance trying to take over the social networking app are valuing it at around $50 billion than peers for example Snap Inc, according...

TikTok

NHK: Japanese lawmakers to urge government to curb TikTok

Lawmakers from Japan’s ruling Liberal Democratic Party have opted to push for steps to limit the use of Chinese-owned video program TikTok, concerned that consumer data may e...

Spotify

Spotify revenue misses as COVID-19 deters advertisers

Spotify missed quarterly earnings expectations yesterday and forecast a soft quarter ahead, due mostly to a decrease in ads because the COVID-19 pandemic kept advertisers.