Twenty Snap alumni have launched Ghost Angels, an angel fund backing the next generation of social media and consumer AI startups. The fund has invested in at least five companies and plans to deploy remaining capital into at least 15 more within the n…
The financial terms of the Breathitt County social media settlement have been disclosed for the first time. Meta is paying $9 million. Snap and TikTok are each paying $8 million. YouTube negotiated a payout of slightly more than $2 million. The combine…
In its latest update, Bluesky is getting into long-form content.
Meta’s Plus subscription plan is probably the worst thing to happen to social media since the dislike button.
Meta is on track to dethrone Google as the world’s largest digital advertising business by the end of 2026, according to Emarketer. The market research firm projects Meta’s global net ad revenues will reach $243.46 billion this year, edging past Google…
TikTok’s first Indian microdrama deal and AI films at Cannes signal vertical drama’s move from app-store novelty toward mainstream distribution.
Jay Shetty, the former Hindu monk turned self-help podcaster, has signed a deal to bring the video version of his show On Purpose exclusively to Spotify and Netflix. The arrangement is worth as much as $100 million over multiple years, according to peo…
Spotify has launched a feature called Podcast Clips that lets listeners select, trim, and share specific moments from podcast episodes. A new scissors icon in the Now Playing view opens a clipping tool where users can mark a segment of audio, preview i…