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News Corp, Google Agree to Landmark Deal to Pay for News

The Hollywood Reporter reports: "The commercial deal will see premium content from the global news publisher led by Rupert Murdoch and Lachlan Murdoch land...

Apple Relaxes Policy on In-App Mobile Subscriptions

Cupertino, Calif. - Apple (NASD: AAPL) has changed its policy on in-app mobile subscriptions, so that publishers and others may now offer content in their...

YouTube to expand Shorts to the U.S., add 4K and DVR...

TechCrunch reports: "YouTube has a host of big product updates coming this year, and it just detailed a lot of them in a blog...

Nokia to Lay Off 1,800 Employees

Espoo, Finland - Nokia (NYSE:NOK) announced on Thursday that it will lay off up to 1,800 employees, as part of its plan to simplify operations...

Monotype Imaging Buys Smartphone Font Maker Ascender

Woburn, Mass. - Monotype Imaging, a publisher of fonts and related software, has acquired smartphone font specialists Ascender for $10.2 million. Founded in 2004, Ascender has created...

Report: social audio app Clubhouse has topped 8 million global downloads

TechCrunch reports: "Social audio app Clubhouse has now topped 8 million global downloads, despite still being in a prelaunch, invite-only mode, according to new...

Universal Music, Triller Bury the Hatchet With Worldwide Licensing Deals

Variety reports: "After a months-long standoff, Ryan Kavanaugh’s Triller short-form video platform and Universal Music Group announced worldwide licensing agreements that span recorded music...

Alibaba to Shutter Its Xiami Music App Next Month

Variety reports: "Alibaba Group announced Tuesday that it will close down its streaming platform Xiami Music on Feb. 5, as it struggles to keep...

Social Media Ad and Video Spend Skyrocketed in Q4 2020

Social Media Today reports: "Socialbakers' Q4 2020 Social Media Trends Report, shows us how quick advertising behavior can change." Read more  

Russian mobile game publisher Nexters will go public via a SPAC...

VentureBeat reports: "Mobile game developer and publisher Nexters Global announced it will go public, raising money at a $1.9 billion enterprise value via a...