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...The Independent, the British media group, is in talks to take control of the operations of BuzzFeed and HuffPost UK, as it seeks to build scale in a tougher climate for advertising revenues....
...According to company filings, the social media company in December cancelled chief executive awards that were tied to the company hitting the ambitious market capitalisation following a stock market debut...
...The social media platform is trying to secure an anchor investor as it pitches its fast-growing advertising business and the promise of revenues from selling its data....
...The stand-off is among the most heated clashes between tech giants and media groups in recent memory, as they battle for control over the future of entertainment....
Groups behind Adele and Phoebe Bridgers among those against songs recorded in higher-quality audio receiving more money
...suggest that Meta’s photo-sharing platform is having success in targeting new users, with chief executive Mark Zuckerberg having identified the growth of TikTok as among the biggest threats to his social media...
...Shares in social media company Reddit leapt by almost half on its market debut, in a vote of confidence for initial public offerings after two years of subdued activity....
...Shares in Donald Trump’s social media business jumped in their New York market debut on Tuesday, making the former US president’s stake worth $4.6bn....
Also in this newsletter: UN Security Council calls for ceasefire in Gaza, UK accuses China of cyber attacks, neurodiversity in the workplace
...Either way, it is clear that social media platforms should create and enforce more clearly defined rules around the use of AI on their apps....
...One big winner was the Newhouse family, who through Advance Magazine Publishers Inc own Condé Nast, which bought Reddit in 2006 for $10mn before spinning it out in 2011....
...The National Basketball Association is the next major sports league looking to sign a new media contract....
Big Tech groups are the first to face full investigations under bloc’s Digital Markets Act
...Judge, who had been doing the job alongside a part-time career as a content creator, posted a truncated version of the online meeting on social media under the moniker “Anti Work Girlboss”....
...The Trump Spac looks a little expensive Donald Trump’s media company, Trump Media & Technology Group, began public trading yesterday after shareholders blessed its merger with a special-purpose acquisition...
...In social media, in particular, a stable industrial ecosystem has developed that operates in somewhat predictable ways....
...media, according to a Brookings Institution study....
...A string of companies could follow Reddit into the US stock market in the coming months, bankers believe, after shares of the social media group leapt 48 per cent on their debut....
...That deal left Levin sitting atop a media and entertainment colossus....
Streaming service will screen flagship programme as part of a 10-year agreement
...The UK could instead look at “designation of social media apps” under the control of foreign adversaries as national security threats, or “tougher data exfiltration laws”, she suggested....
...BR: Social media has really started to consume all of media....
...A serious bill would also protect America’s children from social media....
...The Max streaming platform, which will merge content from Discovery Plus and HBO Max, is seen by executives at the US media giant as crucial to driving and diversifying profits globally....
...Media moguls have been reduced to reinventing the wheel. Or more accurately, reassembling it....
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