Alibaba Plans to Invest Big in Turkey
Alibaba, a major Chinese e-commerce company, has informed Turkish President Tayyip Erdogan that it intends to invest $2 billion there.
Michael Evans, the president of Alibaba, reportedly made...
After Deal Dreakdown, TikTok Removes Universal Music content.
TikTok has begun removing Universal Music Publishing Group (UMPG) content from its video app after failing to secure a new license arrangement with the music label, the...
IMF Increases 2023 Global Economy Outlook
The global economy’s prognosis is improving slightly as China relaxes its zero-COVID policies and the world demonstrates unexpected resilience in the face of high inflation, soaring interest...
Digital ad spending continues to explode
US digital retail media ad spending is expected to reach over $41 billion in 2022 and over $52 billion by 2023, according to Insider Intelligence/eMarketer.
According to the...
TikTok seeks more ad revenue
TikTok is trying to find a way to boost its revenue and announced a new plan on Tuesday to achieve this.
The launch of TikTok World is meant...
CROSSPOSTING AND INSIGHTS ARE TWO NEW FEATURES ADDED TO INSTAGRAM REELS.
Three new tools, including the ability to crosspost to Facebook, are being introduced by Instagram for users who create Reels videos.
Adam Mosseri, Head of Instagram, announced the...
Shopify Soars: AI-Driven Growth Propels Record-Breaking Quarter
Shopify exceeded analysts' expectations for its second-quarter results, driven by implementing AI-powered tools that attracted more merchants to its platform.
The company's revenue increased by 21% to...
Twitter User Growth Drops in North America
Twitter user growth has dropped in North America so far this year, according to data gathered in April by Insider Intelligence/eMarketer.
Internet users who accessed their Twitter account...
Facebook, Instagram, WhatsApp are down globally
Facebook, Instagram, and WhatsApp all are not functioning across the world affecting e-commerce advertising on the platforms.
Security experts said the outage was likely due to a configuration...
TikTok lengthens video length to 10 minutes
TikTok is lengthening its videos to 10 minutes, which appears to be a challenge to YouTube.
According to a report by The Verge, TikTok announced on Monday that...