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ByteDance, TikTok’s parent company, plans to launch a free music streaming app

Does the overcrowded and cut-throat music streaming business have room for an additional player? The world’s most valuable startup certainly thinks so. Chinese conglomerate ByteDance, valued at over $75 billion, is working on a music streaming service, two sources familiar ...

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Instagram’s IGTV copies TikTok’s AI, Snapchat’s design

Instagram conquered Stories, but it’s losing the battle for the next video formats. TikTok is blowing up with an algorithmically suggested vertical one-at-a-time feed featuring videos of users remixing each other’s clips. Snapchat Discover’s 2 x infinity grid has grown ...

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Trump’s Huawei ban also causing tech shocks in Europe

The escalating US-China trade war that’s seen Chinese tech giant Huawei slapped on a US trade blacklist is causing ripples of shock across Europe too, as restrictions imposed on US companies hit regional suppliers concerned they could face US restrictions ...

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Select FCC leaders announce support for T-Mobile, Sprint merger

It’s been more than a year since T-Mobile and Sprint formally announced a merger agreement. This morning, members of FCC leadership have issued statements voicing their support for the $26 billion proposal. Ajit Pai was first out with a statement, ...

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Google reportedly suspends select business with Huawei over U.S. ban

The Trump administration Huawei ban is sure to have wide-ranging and long lasting effects for all parties. In the meantime, it seems, a number of those involved in the periphery are treading lightly in hope of not burning bridges on ...

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At this point, SoftBank Group is really just its Vision Fund

Last week, SoftBank Group Corp. — Masayoshi Son’s holding company for his rapidly expanding collection of businesses — reported its fiscal year financials. There were some major headlines that came out of the news, including that the company’s Vision Fund ...

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Samsung reportedly readying Galaxy Fold for release after finding ‘fix’

Samsung’s been mostly quiet on the Fold front after recalling review units and indefinitely delaying the phone’s release. Understandably so. It couldn’t have been easy going back to the drawing board with one of buzziest handsets in recent memory. While ...

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Instagram adds Stories to Explore tab. Here’s how to get on it

Instagram’s pivot to Stories continues with an overhaul of Explore designed to let users dig deeper into their niche interests. Stories are now eligible to show up in the Explore tab for the first time, giving creators a way to ...

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Facebook changes algorithm to promote worthwhile & close friend content

Facebook is updating the News Feed ranking algorithm to incorporate data from surveys about who you say are your closest friends and which links you find most worthwhile. Today Facebook announced it’s trained new classifiers based on patterns linking these ...

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