TechCrunch reports: “It was an unprecedented year for [insert anything under the sun], and while plenty of tech verticals saw shifts that warped business models and shifted user habits, the gaming industry experienced plenty of new ideas in 2020.”
Social Media Today reports: “Instagram’s found another way to add pressure to TikTok, this time by adding new shopping tags to Reels, it’s TikTok clone functionality.”
TechCrunch reports: “Today, Twitter announced that it is acquiring Squad and that the team from the screen-sharing social app will be joining Twitter’s ranks.”
Variety reports: “COVID-19 forever changed many aspects of our lives this past year, and our collective media and entertainment choices certainly were no exception.”
The Hollywood Reporter reports: “Cinema giant AMC Theatres said on Friday that it has completed a debt offering to raise $100 million from investment firm Mudrick Capital Management LP.”
The Hollywood Reporter reports: “Wall Street analysts on Friday raised their stock price targets for the Walt Disney Co., lauding the streaming content plans and increased subscriber goals unveiled at a Thursday investor day, and the stock hit an all-time high.”
Variety reports: “Hollywood’s frantic streaming wars have upended the industry — and some of the ways have been more surprising than others. A+E Networks and Discovery have long been fierce TV rivals, battling for attention from consumers who are fixated on unscripted programming about history, nature and just plain bizarre people from odd walks of life.”
Gamesindustry.biz reports: “Zynga subsidiary Rollic has acquired the matching game Onnect from Chef Game Studio.”
The Verge reports: “Sony will be buying anime streaming service Crunchyroll from AT&T for $1.175 billion, Sony and AT&T announced Wednesday. Specifically, Crunchyroll will become part of Sony’s Funimation, which already licenses many popular shows such as Attack on Titan, Fullmetal Alchemist, and One Piece.”
Vox reports: “On Wednesday, the US Federal Trade Commission and 48 US state attorneys general filed major lawsuits against Facebook that argue the social media giant is a monopoly whose anti-competitive practices harm Americans.”
