Starting yesterday, Facebook began showing ads inside its Messenger app. That’s a lot of potential consumers: Facebook says the app now has 1.2 billion monthly active users. The ads will be shown in-between users’ messages.
Amazon Prime has nearly 79 million U.S. households as members, reports MorningStar. At this rate of growth – up from about 66 million at the end of 2016 -Amazon Prime is quickly closing in on the projected 90 million households that will pay for cable or satellite TV this year, notes Recode.
Facing one of the realities of the high-end VR market, Facebook’s Oculus unit is slashing prices by one-third for the next six weeks. It takes the cost of an Oculus VR headset and two controllers from $598 to $399, about the same as Sony’s PlayStation VR.
Fusion Media Group, the millennial-oriented media brand owned by Univision Communications, is relaunching the flagship Fusion website. Renamed Splinter, the site will focus on politics, news, science, culture, and entertainment. FMG says that Splinter will aim to be “justice-minded and inclusive.” The revamped site goes live on July 24.
Roughly a zillion comics have made their way to Netflix, but here’s a first: The streaming giant is set to launch its first Spanish-language stand-up special. Called Una y no mas, the special will star Spanish actor and comedian Joaquin Reyes. (Reyes is best known in Spain for his role on the sketch comedy show […]
Facebook’s Instagram has begun using artificial intelligence to automatically block offensive comments. As reported by Wired, the new AI tool is called DeepText. The product is meant to filter out and block language, using methods that go beyond key word detection. Instead, the system is designed to think more like a human, deducing the meanings […]
Movie and TV content distributor Cinedigm just sold off a majority ownership stake. Bison Capital, an investment firm based on Hong Kong, will acquire 20 million shares of Class A common stock for up to $30 million. In addition, the firm has agreed to loan Cinedigm an additional $10 million within 60 days of the […]
The Tonight Show Starring Jimmy Fallon has gotten plenty of love on digital platforms, especially YouTube. Now the show has come to another one. Starting yesterday, Amazon Echo Show owners gained access to daily video “flash briefings” featuring Fallon’s Tonight Show monologue from the night before. It’s likely that the flash briefings will see more […]
MTV News is undergoing major restructuring, shifting toward a more video-heavy model. “With MTV News, we’re doubling down on where we’ve seen our biggest successes in youth culture, music and entertainment,” an MTV spokesperson said in a statement provided to Billboard. “While we’re proud of the longform editorial work from the past two years, we’re […]
Facebook announced that, 13 years since its launch, it now has 2 billion monthly active users. The company is, by far, the largest social media app in terms of logged-in users. YouTube comes in second at 1.5 billion, followed by WeChat (889 million) Twitter (328 million) and an estimated 255 million for Snapchat.
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