ByteDance Ltd., the China-based owner of TikTok, is starting to snare market share in the virtual-reality headset space that Meta Platforms Inc. META -2.12%decrease; red down pointing triangle has identified as critical to its future. Two years ago, ByteDance bought Pico, a Chinese startup that makes VR headsets. That launched a new front in the Chinese company’s competition with Meta META -2.12%decrease; red down pointing triangle, whose Instagram and Facebook services have been battling for users and advertising dollars against TikTok as the short-video app soared in popularity.
Your iPhone has a ton of important privacy features. For example, there is a setting to hide your IP address when you send an email. This way, advertisers cannot track you this way. Here’s how to turn it on. What if you shared your location or other access with someone and now want to stop? There’s an easy way to make your texts, location, and other data private again.
Meta is reportedly planning to announce a new round of job cuts. The company laid off 11,000 employees in November. The tech giant is likely to announce the restructuring after it has completed staff performance reviews. Meta is one of many companies to announce job cuts in the past year.
Yahoo is laying off 20% of its staff, impacting 1,600 employees in its ad tech business. CEO Jim Lanzone said these layoffs are not a result of economic issues, but rather, they are intentional changes. As a whole, Yahoo is profitable, earning around $8 billion in yearly revenue.
Microsoft has improved its search engine, Bing, by incorporating OpenAI's ChatGPT software, giving users a ranked list of search results and a right-hand panel with summarized information and the ability to answer follow-up questions. This puts Bing ahead of Google's chatbot, Bard, which was recently launched and is not as advanced. As a result, Microsoft has the opportunity to beat Google as the default search engine on Apple devices, which Google has been paying for with an estimated cost of $10 billion in 2020 and $15 billion in 2021. If Microsoft can prove that Bing is a viable alternative, it may lead to a bidding war between the two companies and benefit Apple, which has no search engine or AI chatbot of its own.
Netflix is testing password-sharing restrictions in Canada, New Zealand, Portugal and Spain. The company will charge a monthly fee per extra user in those countries. The changes will roll out in March, the company says. The move comes after the company announced a huge beat in subscriber numbers.
Walt Disney Co. announced Wednesday it would cut 7,000 jobs, or roughly 3% of its workforce. The layoffs will be across almost all of Disney’s portfolio, which includes Disneyland Resort. The company said it would restructure its company to be made up of three divisions.
Google demoed its new chatbot search tool at an event in France on Wednesday. The move comes a day after Microsoft unveiled its own chatbot aimed at eroding Google's dominance. The dueling announcements show how the battle over AI has become the central obsession of the tech industry.
ChatGPT will launch in November of 2022. ChatG PT is a live chat app that uses artificial intelligence to help customers with their questions via live chat. The app is designed to be used in marketing and sales to help people get answers to their questions in real time.
Meta found tens of thousands of software developers in China, Russia and other ‘high-risk’ countries may have had access to detailed Facebook user data. The company clamped down on that access beginning in 2014. Sens. Mark Warner and Marco Rubio, the chair and vice-chair of the Senate committee, want answers from Meta.
Digital marketing has become an efficient practice for growing and established businesses to promote their products and services. Growing businesses must familiarize themselves with ‘what is digital marketing,’ various forms of digital communication, and stay updated on the current marketing trends to stay competitive. Here’s a look at a few trends that one must watch out for.