Twitch is shutting down in South Korea
Losing game Korean video game streamers might need some consoling this week, after streaming site Twitch announced it will shut down in South Korea in February 2024 due to high operational costs. Desp...
Peak content: Apple & Paramount are considering teaming up
Paramount+ and Apple TV+ could soon be tied together, as the parent companies of the 2 streamers explore the possibility of bundling the services, per reporting from the Wall Street Journal on Friday....
Q3 Wrapped: Breaking down that Spotify subscription
That’s a wrap As we approach the end of the year, music lovers have already received one present early… Yes, as your social media feeds might attest to, Spotify Wrapped season is upon us . While some ...
Tok market: The TikTok Shop is gaining momentum.
One-stop Tok Following the success of "social shopping" offerings in Asia, TikTok may soon reap retail rewards from its >150 million monthly active users in the US . The e-commerce arm of the platfor...
Pop app: Social media buzz is difficult to maintain
Pop app If you spend time on the internet, you'll know it’s rare to go more than a few months without hearing about a new social media app, each with a fresh angle that promises to break the cycle of...
Bumbled: Investors, and users, are dumping dating apps
On Monday, Whitney Wolfe Herd, the founder of dating app Bumble, announced that she was stepping down as CEO of the company she started in 2014, a day before the company gave an unremarkable update to...
Pinterest: There are nearly 500 million pinheads and counting
Image-sharing website Pinterest reported an 11% increase in revenue from showing ads to inspo-hungry users, sending shares up more than 19%. Pinheads Advertising sales won a big tick from investors,...
A bit of everything: Mapping Comcast's sprawling empire
Cord cutters continue Comcast HQ gave out mixed signals from its vast array of businesses this week. The company’s revenue surged to more than $30 billion, surpassing expectations, as theme parks an...
Left to their own devices: How much time do teens spend on social media?
Left to their own devices Device-dependent teenagers are far from phoning it in: a Gallup poll has found that over half (51%) of US teenagers report spending at least 4 hours per day on social media ...
The magic formula: As Disney turns 100, its business model is still a dream come true
Once upon a studio Today marks exactly 100 years since 2 brothers, Walt and Roy, set up an animation studio in a nondescript LA office that would go on to shape the entertainment landscape: The Walt ...
2B for MrB: The world's biggest YouTuber hits another milestone.
MrFeast 2 billion monthly views. That’s what YouTuber MrBeast racked up in September, per the latest data from Social Blade — equivalent to one-quarter of the entire human population tuning in to wa...
Build a following: Lego's become a master of modern marketing
Build a following Another brick in the wall of Lego’s success story is the brand’s presence on social media. Lego accounts on Instagram and YouTube have 9.5 million and 16.6 million followers, respec...
Passwords plus: Disney is cracking down on account sharing
Keys to the Magic Kingdom Bad news for everyone using a friend’s account to rewatch Frozen or keep up with the ever-expanding Star Wars universe: Disney+ is the latest streamer to start cracking down...
Adding up: Amazon is embracing ads, this time on Prime Video
Prime’s time Amazon Prime Video has joined the growing slew of streamers with ad-supported offerings, announcing plans to roll out the new tier in the US in early 2024. The service will set users ba...
Paid social: Meta could be trying a new business model in Europe
Paid social Meta is considering introducing paid versions of Facebook and Instagram for European users , giving them access to endless ad-free scrolling. The move is largely in response to the bloc’...
Threading the needle: Meta's latest launch is losing steam
Raising brows(ers) Threads users, fire up your desktops: Meta is launching a version of its text-based social media platform that can be used on web browsers . The new functionality will allow users ...
White noise: Spotify's latest source of tension
**Breathe in…**While many people turn to ambient music to unwind, "white noise" is becoming a source of tension for Spotify, as podcasts that play relaxing sounds are costing the company millions ever...
Lightning speed: ByteDance's growth is slowing down, but it's all relative
ByteDance, the Chinese tech giant behind social media platform TikTok, has begun to see its growth slow — per a new report from The Information . Your slow is my fast ****Although best known in the ...
Meta morphs: Never mind the metaverse, it's all about AI
Meta morphs 3 billion monthly active users. That's the latest milestone the world’s largest social network has exceeded for the first time ever, according to Meta’s 2Q report, equivalent to more tha...
All in one: Twitter is now X, as Musk looks to build a "super-app"
NeXt chapter Twitter is dead, and an X marks the spot where its iconic blue bird once perched. While Elon Musk’s latest change may have taken some by surprise, with “X” users rushing to “X” their view...