X CEO Linda Yaccarino says that the company has paid out nearly $20M to creators; Elon Musk said in July 2023 that the first payments totaled $5M
that's a whole other conversation to be had on the competition for creators, the Tucker Carlson deal, etc... @lhamadopagode : “creators” See also Mediagazer
Disney announces a Disney+ ad-supported tier, launching in the US this year and internationally in 2023, as part of its push for 230M-260M subscribers by 2024
In 2018, Oculus' Jason Rubin sent a paper to Facebook executives laying the foundation for Meta's ambitions and detailing the need to own the VR market
- In 2018, an Oculus executive named Jason Rubin wrote a 50-page document headlined “The Metaverse” that he sent to a Facebook board member and some top execs. Tweets: @kevinroose ...
Meta's promised metaverse is going to be boring and is meant to distract us from the world that Facebook helped break
You're not losing your mind: it really does just sound like a worse version of the internet. Chris Vallance / BBC : Facebook's metamorphosis - will it work? Andrew Hutchinson / Soc...
Netflix reports Q2 revenue of $7.34B vs. $7.32B est., up 19% YoY, global paid net additions of 1.54M vs. 1.19M expected; US and Canada region lost 433K subs QoQ
- Netflix reported earnings that missed on the bottom line. — The company's revenue and global paid net subscriber additions beat estimates.
Commerce Department announces that it will ban US downloads of and business transactions with TikTok and WeChat on Sunday
- The Commerce Department announced it will ban U.S. business transactions with China-owned social apps WeChat and TikTok on Sunday.
Commerce Department announces that it will ban US downloads of and business transactions with TikTok and WeChat on Sunday
- The Commerce Department announced it will ban U.S. business transactions with China-owned social apps WeChat and TikTok on Sunday.
Sources: ByteDance plans US IPO for new global TikTok business if Trump approves deal including Walmart and Oracle, which will take less than a 20% global stake
if Trump approves. No more carved out U.S. co. https://www.cnbc.com/... @cnbcnow : UPDATE: Treasury Dept. sent major term sheet revisions to Oracle & TikTok last night to specifica...
Jack Dorsey says he is reevaluating plans to spend part of the year in Africa amid the coronavirus outbreak and “everything else going on”
The Twitter CEO is facing down an adversarial investor who wants him gone — Twitter CEO Jack Dorsey is reevaluating his plans …
Netflix reports Q3 revenue of $5.25B, up 31% YoY, 158M paid subs globally, up 21% YoY, as net adds increase to 6.8M, up 12% YoY but below 7M company forecast
Shares of Netflix surged 8% in premarket trading after the company late Wednesday released its earnings report for the third quarter.