Tencent said China’s recent crackdown on the education sector will likely have a negative impact on the Chinese internet giant’s advertising revenue in the near term, because online tutoring apps have been major advertisers on Tencent’s platforms. The tutoring ban, which was announced in late July, “essentially takes away a big buyer of ads on our platforms,” Tencent President Martin Lau said...
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Creator Economy google
YouTube Ushers in Fresh Wave of Creator AI Tools
Startups this year have been busy launching artificial intelligence tools, from chatbots to editing features, aimed at lightening creators’ workloads. Now YouTube is the first of the major social platforms to go hard on its own AI offerings for creators. At its Made on YouTube event in New York on Thursday, the Google-owned company made several announcements including Dream Screen, a new...
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