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COMPETITION WITH TIKTOK AND META
US gamers getting older as industry reports growthAmerican video game players are aging, with the average now 37. The industry is seeing a comeback, reaching pre-pandemic activity levels. T...- Pinterest deepens Amazon partnership with $4 billion cloud dealPinterest is investing heavily in its future with Amazon Web Services. The social media company will spend four billion dollars on cloud se...
- US stocks: Pinterest deepens Amazon partnership with $4 billion cloud dealAmazon.com's cloud computing unit will provide Pinterest its custom chip processors, including Graviton and Trainium, to help scale its AI ...
- India's new drama is about the fight for your 1-minute attentionIndia streaming platforms microdramas: Platforms are rapidly adopting microdramas, short, vertically shot melodramas. These bite-sized show...
- Strique unveils self-learning AI platform that optimises D2C growth, revenue and ROAS at Meta dayStrique has launched an autonomous performance marketing execution platform for D2C brands, addressing the gap between knowing what to chan...
- TikTok challenges EU 'gatekeeper' status at Europe's top courtTikTok is fighting its EU 'gatekeeper' status in court. The company argues it does not meet the strict criteria set by the Digital Markets ...
- Meta stock price, earnings and capital spending forecast: Meta revenue, layoffs, workforce changes, China deal setback, future outlook and investor concernsMeta stock price, earnings and capital spending forecast stayed in focus after Meta raised its capital spending outlook and reported strong...
- Meta lifts capital expenditure forecast, doubling down on AI pushMeta Platforms is significantly increasing its capital expenditure forecast to between $125 billion and $145 billion by 2026, doubling down...
- Meta poised to surpass Google in digital ad revenue for first time, report saysThe Instagram-owner's global net ad revenues are expected to reach $243.46 billion in 2026, ahead of Google's projected $239.54 billion, th...
- Meta shares slip after US jury verdicts raise concerns of new legal exposureMeta shares fell 6% to a 10-month low on Thursday after rulings this week found the Facebook parent failed to adequately warn or protect yo...
- EU opens new probe into TikTok data transfer to ChinaAn Irish regulator has initiated an investigation into TikTok regarding the transfer of European users' personal data to servers located in...
- The 2006 Zuckerberg quote at the center of Meta's antitrust trialThe FTC's antitrust trial against Meta challenges its dominance by questioning whether social networking is about personal connections or b...
- On the stand, Zuckerberg says TikTok is a major competitive threatMark Zuckerberg testified for a third day in an antitrust trial, calling TikTok a major threat to Meta. The FTC accuses Meta of buying Inst...
- Instagram debuts new video-editing app Edits, as TikTok deals with a banOn the day a new federal law banning TikTok took effect in the US, Instagram announced Edits, a video-editing app similar to CapCut. As Tik...
- TikTok asks Supreme Court to temporarily block looming US banTikTok asked the US Supreme Court on Monday to temporarily block a law that would force its Chinese owner to sell the popular online video-...
- Italy regulator fines TikTok $11 million over inadequate checks on harmful content"TikTok has not taken adequate measures to prevent the spreading of such content, and has not fully complied with the guidelines it has ado...
- Microsoft, Google will not challenge EU gatekeeper statusAs part of its latest crackdown on Big Tech, the European Union in September picked 22 "gatekeeper" services, run by six of the world's big...
- ETtech Explainer: EU’s $1.3 billion fine on Meta is one of many penalties on Big Tech globallyBig Tech companies worldwide have come under the lens of antitrust regulators, policymakers and enforcement agencies amid concerns about pr...
- Social media revenue growth expected to slow as TikTok, Apple competeAnalysts had expected some degree of slowing growth after 2021. However, growing competition from viral short-form video app TikTok and App...
- GoI shouldn't bite ByteDance's 'offer'GoI, given the security implications of such a tie-up, has reportedly been sounded out before the exploratory talks. ByteDance has denied a...
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