In its quest to compete with YouTube, TikTok is expanding its presence on connected TVs and has announced a deal to be on Amazon Fire TV devices in the U.S. and Canada, according to Variety. While the short-form video service is wildly popular among users on their mobile devices, TikTok is clearly seeing if it can gain traction on TVs. Such a move is key to attract more advertising dollars–which...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
Twitter Valued at $20 Billion in New Employee Stock Grant
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