Meta Platforms announced creators can now earn money from their Facebook videos that feature licensed music. Creators earn a 20% cut from revenue on eligible videos, with an unspecified amount going to rights holders and Meta. Previously, creators could use licensed music in their videos but didn’t earn anything from it. The music must be part of Facebook’s licensed music library and videos...
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How Instagram’s TikTok Envy Finally Backfired
Last month, Kim Kardashian, Kylie Jenner and other influencers stirred up a public relations firestorm for Instagram, complaining to their hundreds of millions of followers about the app's recent attempts to mimic TikTok. Those efforts were just part of a broader internal effort to take on the Chinese short-form video app, though. The Information has learned that recent tests of changes to...
China’s Economy Slows Amid Soaring Youth Unemployment
China’s Tech Giants Alibaba and ByteDance Share Algorithms With Government
Peloton Announces Job Cuts, Store Closures and Price Hikes
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