Musk

Twitter sues Elon Musk for cancelling deal

Twitter sued Tesla CEO Elon Musk on Tuesday, trying to force him to complete his $44 billion takeovers of the social media company by accusing him of “outlandish” and “bad faith” actions that have caused the platform irreparable harm and “wreaked havoc” on its stock price. Back in April, Musk pledged to pay $54.20 a share for Twitter, which a...


India SVOD revenue to reach $2.7 bn by ’26: GlobalData

India SVOD revenue to reach $2.7 bn by ’26: GlobalData

The subscription video on demand (SVOD) service revenue in India is expected to grow at a compound annual growth rate (CAGR) of 15.5 percent from $1.3 billion in 2021 to $2.7 billion in 2026, driven by solid growth in SVOD subscriptions and an increase in unique SVOD household penetration, according to GlobalData, a ...


Google

Alphabet to slow down personnel hiring for ’22

Alphabet Inc. said on Wednesday it would slow the pace of hiring for the rest of the year, the latest company to make such a move as decades-high inflation and the fallout from the Ukraine crisis pressure businesses. The announcement aligns the parent of search giant Google with other major tech companies, including Uber Technologies Inc. and...


Disney, Trade Desk in pact for advertising solutions

Disney, Trade Desk in pact for advertising solutions

Disney Advertising and global advertising technology company The Trade Desk have reached a landmark agreement to power greater audience activation at scale programmatically.

This expanded deal marks yet another step toward transforming how advertisers access Disney’s portfolio of pre...


Spotify introduces new Apple Watch app

Spotify expands video podcasts for creators

Swedish music streaming platform Spotify has announced expansion of video podcasts for creators in six new countries, including Germany, France, Italy, Spain, Brazil, and Mexico. This is the first time Spotify has allowed this feature in non-English speaking countries. "These are markets with especially strong podcast creator communities t...