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Instagram growing faster than Facebook, worth more than $100 Bn: Report

26Jun By Lavina TolaniNo Comments

News

Instagram growing faster than Facebook, worth more than $100 Bn: Report

Facebook Owned Photo Sharing Platform, Instagram has been estimated to be worth more than $100 billion, if it were a stand-alone company, making a 100 fold return for the app, as per the report published by Bloomberg Intelligence. Instagram is garnering new customers faster than Facebook's main site each day and going by the pace it is expected to exceed 2 billion users within the next five years said, Bloomberg Intelligence analyst Jitendra Waral wrote in a report Monday. While Facebook has already crossed this milestone, Instagram audience base is younger than its parent making it the most popular social media platform for advertisers. Interestingly, Instagram is also growing in the US, unlike Facebook. Moreover, according to eMarketer data cited by Bloomberg Intelligence, Insta...

Youtube Brings a ‘New Way to Earn’ for Creators

22Jun By Lavina TolaniNo Comments

Tech

Youtube Brings a ‘New Way to Earn’ for Creators

World's largest video repository, Youtube has announced to allow creators to set up paid channel memberships, a move helping itself and its users diversify revenue after a turbulent year. Presently, the vast majority of revenue at Google's owned service comes from advertising and it will remain a focus informed Neal Mohan, YouTube's chief products officer. Viewers will have to pay US $4.99 a month for channel membership that will allow them to access premium content including live streams, extra videos or shout-outs on channels with more than 100,000 subscribers. In addition, video creators will be able to sell merchandise like phone cases, shirts, directly on their channels said the company. Rohit Dhawan, senior director of product management at YouTube said, YouTube is keeping ...

Instagram Launches a New App Which May Threat YouTube

21Jun By Gauri SinghNo Comments

Tech

Instagram Launches a New App Which May Threat YouTube

The Facebook-owned multimedia social platform Instagram has announced the launch of its new mobile application called IGTV on Wednesday, which will allow the users to upload up to an hour long videos, generating a battle with YouTube. This is a further example of the battle between the media giants hotting up. The new IGTV service will be made available to the users in the coming few weeks through the main Instagram app as well as a new standalone platform offering the new content. In the main app, the feature will appear via a TV-shaped button above the stories while launching the IGTV app will see videos begin playing spontaneously. Until now, Instagram allowed the users to upload short videos only up to one minute but now with the new feature, the app is going to boost up the user base...

14Jun By Lavina TolaniNo Comments

News

Twitter App Update: Now Get Highlights on Big Events, News stories

Social media giant Twitter is revamping its service to give more space to events such as World cup, earthquakes, royal weddings and elections, a move dedicated at making it a lot easier for users to find interesting tweets. Notably, Twitter has made efforts to stand out with advertisers and users alike by pushing live events and instant news as compared to social networks like Facebook that has made news a lower priority over friends and family posts. Now Get Push Notifications For Events on Twitter San Francisco based company has informed that it would now send notifications to users in its apps for events while promoting them at its dedicated Twitter's search page. The prompt will appear right at the top of Twitter's timeline, the very first thing that users will get to...

Public Broadcaster RSTV Crossed 1Million YouTube Subscribers

14Jun By Gauri SinghNo Comments

News

Public Broadcaster RSTV Crossed 1Million YouTube Subscribers

The viewership of the Rajya Sabha Television on YouTube has been extensively increasing since the last 10 months. The number of viewership on the channel has crossed 1 million subscribers at present. According to the statement, the parliament-owned broadcaster is ahead from various other popular and well-known privately owned news channels that include India Today, NDTV India, Republic TV, CNBC Awaaz, News X, CNBC TV18 and WION. Along with this, it also stated that the list includes many public broadcasters as well such as DD News and Lok Sabha TV. RSTV’s YouTube channel is the official channel of the Upper House of the Indian Parliament. It started its YouTube operations in 2011 and the channel then attracted over 10 Lakh YouTube subscribers. It entered the "million-plus club" of ei...

Online Education Company Pluralsight Marks a Debut on Nasdaq

18May By Lavina TolaniNo Comments

Market

Online Education Company Pluralsight Marks a Debut on Nasdaq

Online Education Company Pluralsight marked a debut on Nasdaq on Thursday with its shares trading at an opening price of $20 per share, roughly 34 percent above the $15 price at which the company had priced its initial public offering. Interestingly, the stock marked a close at the same price it had opened. Pluralsight is a publicly held online education company that offers a variety of video training courses for software developers, IT administrators, and creative professionals through its website. The company has raised $310 million in its initial public offering. Pluralsight has first filed for public listing on April 16 while competing against Alphabet's YouTube, Cornerstone OnDemand and Microsoft's LinkedIn Learning. It had initially estimated a price share between $10 and $1...

YouTube Music To Launch Soon, Now Pay Extra To Watch Originals

17May By Lavina TolaniNo Comments

Tech

YouTube Music To Launch Soon, Now Pay Extra To Watch Originals

World's Largest Video Streaming Platform, YouTube is gearing up to launch a revamped version of its new music service-and at the same time is getting ready to charge more to see original shows like "Karate Kid" spinoff. To recap, about two years ago YouTube had launched an on-demand music service called YouTube Red which was more or less similar to Spotify or Apple Music. The service had removed ads while showcasing its content. With the new YouTube Music, the focus on personalisation will continue but the service will come with some extra bells and whistles such as a personal playlist based on YouTube history and other usage patterns. The service has been announced officially to soft launch on coming Tuesday and will cost $10 a month after a trial period. The much-awaited service...

3 Injured at Youtube Headquarters Shooting; Gunwoman Found Dead

4Apr By Sheldan RungasamyNo Comments

News

3 Injured at Youtube Headquarters Shooting; Gunwoman Found Dead

Yesterday, a woman opened fire at YouTube Headquarters injuring three people before finally fatally shooting herself. According to the local police report, the female suspect died from a gunshot wound she probably inflicted to herself. One of those she shot, a 36 year old man is reportedly in a critical condition. A vast amount of Indian-American professionals work for the online video streaming company, but none were affected by the shooting. US President Donald Trump was briefed about the shooting and tweeted, Our thought and prayers are with everybody involved. Thank you to our phenomenal Law Enforcement Officers and First Responders that are currently on the scene. Was just briefed on the shooting at YouTube’s HQ in San Bruno, California. Our thoughts and prayers are with eve...

Competition Commission of India Imposes Rs 136 Crore Fine on Search Giant Google

9Feb By RishabhNo Comments

News

Competition Commission of India Imposes Rs 136 Crore Fine on Search Giant Google

Competition Commission, the statutory body of India, has imposed a fine of Rs 136 crore (around $ 21.1 million) after finding it guilty of abusing its dominant position in India. The amount of penalty charges is equivalent to about 5 percent of Google's revenue from India. What is the case all about? The case was filed back in 2012 by Matrimony.com, former Bharat Matrimony (Case No. 7), and Consumer Unity & Trust Society (Case No. 30), when they complained the watchdog CCI about Google's about Google's anti-competitive behavior. Alphabet Inc's search giant provides online search services and advertisement space- AdWords and AdSense. The complaints submitted to the CCI focused on Google's biased search results, in which it was favoring Google's own services and partners, ...

Netflix Crosses $100B Market Capitalization As Subscribers Surge

23Jan By reutersNo Comments

Tech

Netflix Crosses $100B Market Capitalization As Subscribers Surge

Netflix Inc snagged 2 million more subscribers than Wall Street expected in the final three months of 2017, tripling profits at the online video service that is burning money on new programming to dominate internet television around the world. The results drove Netflix to a market capitalization of more than $100 billion for the first time. Shares jumped 9 percent to over $248 in after-hours trading on Monday after rallying throughout the month and rising 53 percent last year. The company has signed up more than half of all U.S. broadband households and is building its customer base in 190 countries by spending billions on programming. Netflix picked up 6.36 million subscribers in international markets from October through December, when it released new seasons of critically accla...

YouTube To Launch Music Subscription Service Next Year: Bloomberg

8Dec By No Comments

News

YouTube To Launch Music Subscription Service Next Year: Bloomberg

Alphabet Inc’s YouTube plans to introduce a paid music streaming service in March, Bloomberg reported on Thursday, citing people familiar with the matter. Record label Warner Music Group has already signed on while Sony Music Entertainment, Universal Music Group, and Merlin, a consortium of independent labels, are in talks with the video streaming website, Bloomberg said. The service, internally referred to as Remix according to Bloomberg, will compete with similar offerings from Spotify and Apple Inc. Google, another Alphabet unit, introduced Google Play Music, a streaming service, in 2011. YouTube launched ad-free, subscription-based YouTube Red in 2016 featuring exclusive video content from popular creators such as Lilly Singh Michael Stevens. YouTube was not available for comment...

YouTube To Expand Teams Reviewing Extremist Content

5Dec By reutersNo Comments

News

YouTube To Expand Teams Reviewing Extremist Content

Alphabet Inc’s YouTube said on Monday it plans to add more people next year to review and remove violent or extremist content on the video platform. YouTube is taking stern actions to protect its users against inappropriate content with stricter policies and larger enforcement teams, YouTube CEO Susan Wojcicki said in a blog post. “We are also taking aggressive action on comments, launching new comment moderation tools and in some cases shutting down comments altogether,” Wojcicki said. The goal is to bring the total number of people across Google working to address content that might violate its policies to over 10,000 in 2018, she said. YouTube last week updated its recommendation feature to spotlight videos users are likely to find the most gratifying, brushing aside concerns ...