VENTURE CAPITAL POST

The generated revenue of Universal Music Group rose nearly 6% during the first quarter of 2024.

Universal Music Group (UMG) and TikTok have resolved their recent dispute through a new licensing agreement.

The streaming network announced the release of its Discovery Feed, an infinitely scrolling collection of live streams and clips available on the Twitch mobile app.

TikTok influencers, previously strong supporters of President Biden's message. They express uncertainty and disappointment over his backing of a law requiring ByteDance to sell its TikTok stake, fearing its impact on their livelihoods and political outreach efforts.

ByteDance, the parent company of TikTok, has firmly stated that it has no plans to sell the business, despite the recent US law that requires it to do so or face a ban in America.

A woman claims TJ Maxx rejected her for a job because of her face, neck, and body tattoos, as well as multiple piercings.

TikTok plans to take down a feature that incentivizes app users in France and Spain to watch videos, following regulatory scrutiny from the European Commission.

TikTok CEO Shou Zi Chew is confident that US legislators won't successfully ban TikTok in the country, following a newly approved bill that gives the app 270 days to change ownership or face ban.

TikTok and its China-based parent company, ByteDance, have collectively spent over $7 million to counter its potential US ban.

TikTok users is likely to find that the popular social media platform is either under new ownership or, but not immediately, totally banned in the US.

Former President Donald Trump said Monday that President Joe Biden would be the one responsible if TikTok is banned in the US as he was "pushing" for it.

TikTok Lite, recently introduced in France and Spain, includes a "Task and Reward Lite" program, enabling users to earn points for various in-app activities. However, the EU worries about its potential impact on users' mental health.

TikTok could be banned in the United States after the House of Representatives decisively passed legislation requiring the app's Chinese owner to divest from the company.

The app is currently in the testing phase in Canada and Australia and can be downloaded from both the Google Play Store and Apple App Store.

Snap's stock increased by almost 5% because of the revised TikTok ban bill.