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 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 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’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...
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...
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...
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...
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 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 ...
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...
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...
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...
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...
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 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.