Factbox: Universal to list as music streaming picks up
Vivendi (VIV.PA), the French media conglomerate, is spinning off Universal Music Group, the largest part of its business and the label behind singers such as Taylor Swift, in a listing on the Euronext stock exchange in Amsterdam.
Beyond the meme: finance gets serious on going viral
Ian Rogers used to be in charge of digital strategy for luxury fashion group LVMH. Now he has a new mission: to sprinkle some aspirational glitz on to French cryptocurrency company Ledger.
Facebook and Instagram will invest over $1 bln in content creators
Facebook Inc (FB.O) will spend $1 billion on social media creators through the end of 2022 in a fight for top talent announced in a week when TikTok became the first rival mobile app to hit 3 billion global downloads.
TikTok to automatically remove content that violates policy
Short-video sharing app TikTok said on Friday it will use more automation to remove videos from its platform that violate its community guidelines.
Amazon, Apple most valuable brands but China’s rising – Kantar survey
Amazon (AMZN.O) and Apple (AAPL.O) are the world’s most valuable brands but Chinese brands are rising up the leaders list and are more valuable than Europe’s top brands, according to a global ranking by Kantar’s BrandZ.
EXCLUSIVE Chinese apps could face subpoenas or bans under Biden order -sources
President Joe Biden’s executive order aimed at safeguarding Americans’ sensitive data would force some Chinese apps to take tougher measures to protect private information if they want to remain in the U.S. market, according to people familiar with the matter.
ByteDance founder to step down as CEO, hand over to college roommate
Zhang Yiming will step down as chief executive of TikTok-owner ByteDance, leaving the task of navigating a rising number of Big Tech regulations worldwide to college roommate, long-time colleague and current human resources head Liang Rubo.
Tesla crash victim lauded ‘full self-driving’ in videos on Tiktok
A Tesla car driver killed in a recent accident in California praised the automaker’s “full self-driving” features, and posted videos on his apparent Tiktok account, in which he appeared to drive with his hands off the wheel. On May 5, a Tesla Model 3 crashed into an overturned truck on a highway in Fontana, killing […]
