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Rec Room closes $100m funding round
Gamesindustry.biz reports: "The online social platform Rec Room has raised $100 million in new funding, at a valuation of $1.25 billion."
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Instagram for Kids: Facebook Developing Restricted Version of App for Children...
Variety reports: "Facebook wants to get younger kids using Instagram via a restricted, special-purpose version of the social app that would be managed by...
Clubmarket launches sponsorship marketplace to monetize Clubhouse
VentureBeat reports: "Clubhouse has drawn a big crowd lately, but it still has to introduce a way to monetize its popular social audio sessions....
Snap Acquires Apparel-Sizing Analytics Firm to Boost Snapchat Shopping Features
Variety reports: "Snap wants to get Snapchat’s young-skewing user base to buy more stuff through the social app. As part of that strategy, Snap...
‘Close to real-time moderation as we can’: Inside Walmart’s growing TikTok...
Digiday reports: "Nearly all companies and industries value TikTok as a necessary channel for sales and engagement now, and one of its first adopters,...
News Corp. Strikes Payments Deal With Facebook in Australia
Variety reports: "Rupert Murdoch’s News Corp. says it has reached a three-year agreement with Facebook under which the publisher will provide news and information...
Cheat sheet: How publishers are finding audiences on Clubhouse
Digiday reports: "The more users there are on Clubhouse, the more opportunity there is for publishers to try and engage with audiences on yet...
Almost a fifth of Facebook employees are now working on VR...
The Verge reports: "Facebook has nearly 10,000 employees in its division working on augmented reality and virtual reality devices, according to a report in...
How Facebook could escape the FTC’s antitrust lawsuit
The Verge reports: "In December, the Federal Trade Commission voted 3-2 to sue Facebook for illegally maintaining a monopoly in social networking. The lawsuit,...
Twitter Spaces to launch publicly next month, may include Spaces-only tweets
TechCrunch reports: "Twitter Spaces, the social network’s Clubhouse rival, is working towards a public launch in April, the company announced in comments made in...
