theinformation.com
It turns out that viral tech phenomena are not so, well, viral. That was one of
the big takeaways from ByteDance’s 2021 financials, reported today by The Wall
Street Journal.ByteDance, which owns TikTok and a range of extraordinarily
popular Chinese apps, lost more than $7 billion from its ...
about 2 years ago
theinformation.com
Katie Haun has set up the offices of her new venture capital shop surprisingly
close to her old one. Always security conscious from her time battling
cybercriminals for the U.S. Department of Justice, Haun prefers to keep the
precise location of her exceedingly well-funded Haun Ventures secret. ...
about 2 years ago
theinformation.com
Crypto investors and executives often tout gaming as one of the best use cases
for non-fungible tokens. On the surface that argument makes sense, because games
encourage users to compete for NFT prizes or deck out their virtual avatars with
NFT-based accessories. But where are all the blockchain ...
about 2 years ago
theinformation.com
Last summer, Facebook made a splash when it announced a new newsletter
publishing platform called Bulletin that would go head to head with Substack. It
signed big names ranging from author Malcolm Gladwell to “Queer Eye” star Tan
France, offering them unspecified multi-year licensing deals. On ...
about 2 years ago
theinformation.com
TikTok’s European revenue soared 477% in 2021 as its userbase grew and the
company improved its advertising offering. Revenue hit about $990.5 million for
the year ending December 31, 2021, according to a filing with U.K.’s Companies
House, up from $171.6 million a year earlier. The Financial Ti…
about 2 years ago
theinformation.com
The crypto executive shuffle looks like it’s turning into a mass exodus.Just
last week, Kraken co-founder and CEO Jesse Powell said he was stepping down from
his post at the U.S.-based crypto exchange. Now, two more high-profile crypto
leaders are heading for the exits—albeit each under ...
about 2 years ago
theinformation.com
On July 14, James Hu was sitting in his “fabulously expensive” apartment in
Williamsburg, Brooklyn. He had just returned from the Soho offices of OpenSea,
the non-fungible token marketplace, where he had been laid off from his job and
locked out of his work computer. The event was not exactly a ...
about 2 years ago
theinformation.com
Abe Santos isn’t your typical talent guru. He spent more than a decade as a
detective and investigator working with the Los Angeles Police Department,
Department of Homeland Security and FBI. In 2018, he joined Google’s
investigations and threat division, where his job included investigations ...
about 2 years ago
theinformation.com
While Twitch is best known as a home for gamers, livestreams of creators
gambling and playing online slots games or poker have also proved popular. Last
month, the slots category on Twitch soared to an estimated 50 million hours
watched, a 66% jump year-over-year.“It has gone from a novelty to a ...
about 2 years ago
theinformation.com
Before Netflix hired Jeremi Gorman as its new advertising chief to bring growth
back to its struggling business, Gorman had compiled a colorful résumé of
professional and personal accomplishments. While she’s best known for turning
her previous employer, Snap, into an internet ad powerhouse, ...
about 2 years ago
theinformation.com
Social media companies are gradually introducing more ways to share their ad
revenue with creators to keep them on their apps. YouTube is preparing to give
creators 45% of the ad revenue generated on YouTube Shorts, the video platform’s
short-form video feature, The New York Times reported late ...
about 2 years ago