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TikTok (With Douyin) Becomes First App To Reach $6B In Annual...
TechCrunch reports: "TikTok, including its Chinese counterpart Douyin, in 2024 became the first non-game app to reach $6 billion in in-app purchase revenue in...
Yope Is Sparking GenZ (And VC) Interest With An Instagram-Like App...
TechCrunch reports: "Photo and video apps targeting young adults with social hooks are a dime a dozen these days, so those that show traction...
Instagram’s New Ad Format Lets Creators Get Paid For Testimonials In...
TechCrunch reports: "Instagram is introducing a new way for creators to work with brands to make money by recommending products. On Thursday, Meta introduced...
Substack Now Lets Creators Monetize Videos And Post Them Directly From...
Yahoo! Finance reports: "As TikTok's future in the U.S. remains uncertain, Substack tries to lure creators to its platform by doubling down on video....
Amazon’s TIkTok-Like Inspire Platform Is Shutting Down
Android Headlines reports: "Many social media platforms were quick to discover that due to the amount of time users spent on them, it would...
Universal, Warner, and Sony Ink Licensing Deal With New Music Creation/Social...
Music Business Worldwide reports: "MashApp launched its new music application in the US on Tuesday (February 18), allowing users to create real-time “mashups” of...
ByteDance Has Been Building An AI Music Beast… With A Little...
Music Business Worldwide reports: "TikTok’s $300 billion-valued parent company, ByteDance, is one of the world’s busiest AI developers. It plans to spend billions of...
BuzzFeed (BZFD) Announces New Social Platform
Street Insider reports: "Today, BuzzFeed announced a new social platform designed to bring joy and creativity back to the internet. The digital media pioneer...
TikTok’s Parent Company Quietly Launched A Music Licensing Platform Called EasyOde
Music Business Worldwide reports: "Music licensing platforms for short-form video, advertising, games, and other visual media are big business – and attract a lot...
Fizz Brings On TikTok Alum To Help Build Out Its Marketplace...
TechCrunch reports: "Fizz, the college social app, is looking for ways to enhance and expand its platform, and a recent new hire is poised...