In its press release, the world’s leading music label said that this agreement will create opportunities for its artists and songwriters to feature their music on Facebook, Instagram, Messenger, Horizon, Threads and WhatsApp – all platforms of Meta. According to a Reuters report, Universal Music represents industry giants such as Billie Eilish and Taylor Swift.…
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Media reports indicated that profits from its Chinese portfolio companies, which include ByteDance, balanced losses from organisations such as AutoStore and Symbotic (SYM). Overall, its Vision Fund division recorded a loss of 204.3bn JPY compared to its profitable status in the same quarter in 2023. This, however, includes administrative costs and the investment ups and…
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At present, ByteDance, a private Chinese company, owns TikTok. On Wednesday, 13 March 2024, the US House of Representatives approved a bilateral bill to cancel the international app if the company does not divest its stake. In a CNBC Squawk Box interview, Mnuchin, who is currently at the helm of Liberty Strategic Capital, said: I…
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