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.

Platform Industry: ByteDance China company building

TikTok owner ByteDance’s 2020 revenue soars, net loss at $45 billion

TikTok owner ByteDance’s total revenue more than doubled last year to $34.3 billion but its net loss widened to $45 billion, according to a company memo seen by journalists.

Platform News: Confluent Inc

Benchmark-backed Confluent aims for $8 billion valuation in US IPO

Confluent Inc is aiming for a valuation of about $8.3 billion in a US initial public offering, cashing in on a surge in demand for live-streaming software as companies move online ...

President Macron

Macron bemoans nonsense innovation, takes aim at Chinese and US tech bonanza

French President Macron has called out what he described as excesses of liquidity in the US and Chinese financial markets, some of which he said could instead foster the growth of ...

Platform News: 5G and data transfer

Canada launches long-awaited auction of 5G spectrum

Canada is set to begin a hotly anticipated auction of the mobile telecommunications bandwidth necessary for 5G rollout, one that was delayed more than a year by the pandemic.

Lina Khan FTC

Big Tech critic Lina Khan becomes FTC chair in the US

Lina Khan, an antitrust researcher focused on Big Tech’s immense market power, was sworn in on Tuesday as chair of the US Federal Trade Commission, a victory for progressives...

Platform News: European Union flags

EU court backs national data watchdog powers in blow to big tech

Europe’s top court has endorsed the power of national data watchdogs to pursue big tech firms even if they are not their lead regulators, in a setback for Silicon Valley comp...

Platform Industry News: YouTube video streaming from Google

YouTube bans masthead ads for politics, alcohol and bets

Alphabet Inc’s YouTube will no longer allow political or election ads in its coveted masthead spot at the top of the site’s homepage nor ads for alcohol, gambling and p...

Platform Industry: The Capitol Building and Senate in Washington DC

Breaking up Big Tech in focus as new US antitrust bills introduced

A bipartisan group of lawmakers in the US House of Representatives introduced four bills on Friday aimed at reining in the power of the tech giants, with one potentially leading to...

Platform News: Google

Google to work with UK regulator in plan to remove browser cookies?

Google would not be able to eliminate user-tracking technology that is important to advertisers from its Chrome browser without sign-off from the UK governments competition regulat...

Platform News: Google search engine

Amazon and Google lead US Senate panel antitrust hearing witness list

Executives from Google and Amazon.com head the list of witnesses for a hearing before the Senate Judiciary Committee’s antitrust subcommittee next week, along with an executi...

Amazon Prime Video Platform

Amazon rights row throws French soccer into fresh turmoil

France’s Canal+ TV group has said it would stop showing top division French soccer games in protest at a decision to award some broadcasting rights to Amazon.

Platform Industry: Netflix streaming service

Netflix opens online store offering limited-edition merchandise

Netflix Inc will launch an online store to sell limited-edition apparel, lifestyle merchandise and collectibles based on “Stranger Things,” “Lupin” and othe...

TRump, TikTok and WeChat

Biden drops Trump attempt to ban TikTok, WeChat; orders new review

The Biden – Harris White House has withdrawn a series of Trump-era executive orders that sought to ban new downloads of WeChat and TikTok, and ordered a Commerce Department r...

Amy Klobachur

US Senate passes bill to raise fees on biggest mergers

The US Senate has passed a bill that would increase fees that companies planning the biggest mergers pay to government antitrust agencies and give those agencies bigger budgets.