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Facebook renames Calibra digital wallet to Novi

The Verge reports: "Facebook is renaming Calibra, the digital wallet it hopes will one day be used to access the Libra digital currencies, Novi....

8th Wall launches Face Effects tool for AR facial animations

VentureBeat reports: "8th Wall is launching Face Effects, a new cloud tool that enables developers to create effects that wrap around someone’s face using...

How Facebook’s past acquisitions could haunt its purchase of Giphy

The Verge reports: "On Friday, Facebook made its fifth-largest known acquisition ever. The company bought Giphy, a database and search engine for the short...

TikTok Shows Desire to Join ‘Media Establishment’ With CEO Pick: Analyst

Billboard reports: "With Chinese conglomerate ByteDance's fast-growing social media app TikTok naming Kevin Mayer, the Disney executive who oversaw the launch of streaming service...

Facebook is buying Giphy and integrating it with Instagram

The Verge reports: "Facebook is buying the popular GIF-making and sharing website Giphy for a reported price of $400 million, with plans to integrate...

HBO partners with Scener so you can have watch parties with...

VentureBeat reports: "For anyone sheltering in place during the pandemic, Scener has built a virtual movie theater where you can interact with friends remotely...

Zoom is giving fandoms a new place to hang

The Verge reports: "A slow song comes on, and phone flashlights light up across a series of Zoom tiles, swaying like they would at...

Despite the economy, LA’s Maple Media is hunting for app acquisitions

TechCrunch reports: "Over the past three years the Los Angeles-based startup Maple Media has amassed a portfolio of roughly thirty companies and one hundred...

A Portal Between Digital and Physical Worlds? It’s Close to Reality

The Hollywood Reporter reports: "Development of mirror worlds is accelerating during COVID-19 as Hollywood increases its virtual production, says Magnopus co-founder and CEO Ben...

TikTok Boom! How the Exploding Social Media App Is Going Hollywood

The Hollywood Reporter reports: "The impossible-to-ignore, 2 billion strong platform is leveraging a massive sheltering-at-home audience hungry for new content to draw A-listers and...