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.
TikTok faces another test: its first US presidential election
TikTok, already under scrutiny over its Chinese ownership and threatened with a possible ban by US President Trump, is confronting another major obstacle: how to handle content aro...
US says WeChat users will not be penalised
WeChat users will not face criminal or civil penalties if the United States bans the Chinese-owned messaging app through other activities a week, the Justice Department has said.
Australia regulator dares Facebook to block news content
Facebook will probably be “weakened” in case it stops Australians from sharing information so the corporation can avoid paying for content under proposed legislation, A...
US charges seven in wide-ranging Chinese hacking effort
The US Justice Department has stated that it has charged five Chinese residents and two Malaysian businessmen in an extensive hacking effort which encompassed targets from video ga...
Spotify shares falls after Apple launches new services bundle
Shares of streaming giant Spotify fell as much as 7% on Wednesday, following Apple’s announcement of a bundled strategy for many of its services that reduced the price of App...
Sweden’s NENT expects over 700,000 new Viaplay subscribers this year
Nordic Entertainment Group (NENT) has raised its target for its streaming service Viaplay to over 700,000 new paying subscribers this past year, since viewers have continued to inc...
US offers to exempt employees and contractors from TikTok executive order
The US has offered to exclude from President Trump’s executive order transactions that involve TikTok workers and contractors performing”their regular job duties and re...
Comcast says Peacock streaming service has over 15 million sign-ups
Comcast said on Tuesday its recently established streaming agency Peacock has over 15 million sign-ups because its launching, a growth rate of some 50% since July 30, the last time...
ByteDance’s Douyin hits 600 million daily users
Douyin, the Chinese version of short-video app TikTok, reach 600 million daily active users in August, an executive with parent company ByteDance stated, a massive 50% increase sin...
M&A: Tech leads crisis-driven boom with $350 billion deal rush
Global M&A volumes are exceeding $2 trillion for 2020, with technology making up almost a fifth of the total after mammoth deals such as SoftBank’s $40 billion purchase o...
ByteDance picks Oracle as its partner in an attempt to save TikTok US
Oracle has announced that it might team up with ByteDance in order to maintain TikTok’s ability to continue operating in the United States, beating Microsoft in a deal struct...
This is why Walmart still wants in on the TikTok deal
Walmart stated it is pressing forward with its wish to put money into TikTok as Oracle takes the lead in a partnership with the Chinese video-sharing program.
Google aims to run on carbon-free energy by 2030
Google intends to power its data centres and offices using only carbon-free power by 2030, its chief executive told Reuters, building on its previous aim of matching its energy use...
News short: YouTube to launch TikTok-like product
YouTube is rolling out its own version of societal networking competitor TikTok, a new short-form video service named Shorts, enabled within its video-sharing platform.