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Facebook launches Clubhouse like Podcasts & Live Audio Service

22Jun By AnkitaNo Comments

News

Facebook launches Clubhouse like Podcasts & Live Audio Service

San Francisco, CA, 22nd June 2021: Social media network platform Facebook launched podcasts and live audio streams service in US to keep users engaged on its platform and to compete with emerging rivals. Facebook says it is allowing public figures with verified accounts to start live audio rooms and invite anyone else to speak. A handful of podcasts will be available to people in the U.S. at first and the company plans to add more down the line. CEO Mark Zuckerberg, who has appeared on the video streaming app Clubhouse in the past, hosted his own live audio room on his Facebook page last week. “Live Audio Rooms and podcasts rolling out in the US is just the beginning of our audio journey," wrote Fidji Simo, head of the Facebook app, in a blog post. “Looking ahead, we are working w...

Spotify acquired adtech firm Megaphone for $235 million

10Nov By PriyankaNo Comments

ACQUISITION

Spotify acquired adtech firm Megaphone for $235 million

New York, NOV 10 2020: Sweden-based digital music platform Spotify to acquire podcast advertising and publishing platform Megaphone for $235 million. For podcast publishers, the acquisition will unlock innovative tools that will help them earn more from their work. This includes the opportunity to opt-in to have their content monetized, matching their listeners with even greater demand from advertisers. Spotify will soon make Streaming Ad Insertion available to all podcast publishers on Megaphone, the first time this technology will be made available to third-parties. With Streaming Ad Insertion, podcast publishers will be able to offer more valuable podcast audiences to advertisers based on confirmed ad impressions. Spotify has 1.9 million podcasts including biggies such as "The...

BitTorrent acquire DLive, Launched BitTorrent X Ecosystem

23Oct By PriyankaNo Comments

ACQUISITION

BitTorrent acquire DLive, Launched BitTorrent X Ecosystem

SAN FRANCISCO, 23rd Oct 2020-- BitTorrent Inc., the leader in peer-to-peer (P2P) technology acquire live streaming platform DLive.tv and migrate all BitTorrent related services to one unified ecosystem named BitTorrent X. BitTorrent X represents the transformation of BitTorrent, a world-renowned peer-to-peer service from a software company into a conglomerate of decentralized storage and data protocols and content distribution platforms. The entirety of BitTorrent X’s utilities and services will be powered by the BTT cryptocurrency. BitTorrent started as a data transferring protocol used not long by over 2 billion users but also some tech giants such as Facebook, Twitter, and Blizzard. It also inspired the design of Bitcoin and the movement of decentralization. Acquired by Justin...

Netflix forecast disappoints ahead of Disney+ launch

17Apr By reutersNo Comments

News

Netflix forecast disappoints ahead of Disney+ launch

Netflix gave a weak forecast that unnerved investors just as Walt Disney and others prepare to escalate Hollywood’s streaming video wars, although the company’s quarterly results beat Wall Street targets. Shares of Netflix traded down about 1 percent at $355.02 in after-the-bell trading. Netflix predicted it would pick up 5 million new streaming subscribers from April through June. That was below the 5.48 million consensus of industry analysts surveyed by FactSet. “What’s making investors nervous is that there are signs of a slowdown in the second-quarter subscriber growth,” said Haris Anwar, senior analyst at Investing.com. “This is made all the more prominent by the looming threat of competition from Disney and Apple.” Netflix added a record number of paid streaming customers...

28Feb By AdityaNo Comments

News

Spotify Enter into Indian Market

World’s leading music streaming service Spotify launched in India. After many delays, Spotify finally stepping into a price-sensitive market like India to compete against local players like JioSaavn and Apple Music. Based in Sweden, Spotify will offer a free version of the streaming app that will run with ads, alongside a premium ad-free version that will charge users 119 Indian rupees ($1.67) per month. However, the same plans in the United States start at $9.99, $11.37 in France and $13.30 in the United Kingdom. Indian users can also opt for Spotify Premium for a day for 18 cents. With more than 400 million smartphone users, the market is potentially huge. Spotify India’s Managing Director Amarjit Singh Batra said there are interesting local challenges in India that the company...

9Jul By Gauri SinghNo Comments

Tech

Netflix To Remove The Review Feature

Netflix, the world’s leading online video streaming platform is reportedly going to discontinue an existing feature from August that earlier enabled the users to read and write reviews of the several movies and TV series. Netflix is a streaming video giant that allows the users to watch a wide variety of award-winning TV shows, movies, documentaries, and more on thousands of Internet-connected devices. The users who want to share their views on a show or movie will only be able to do it till the 30th of July and after that, the feature will be gone. Posting and sharing reviews has been a part of Netflix for a number of years now that helped the users to know how the movie or show is before even watching it. Also, Netflix once brought the rating scale feature in which the users could ...