How Messaging Apps Like WhatsApp Generate Revenue

Messaging apps, including WhatsApp, are primarily free to use, which raises the question: how do these platforms make money? With nearly three billion users globally, the operational costs associated with running such a large-scale service are significant, yet users do not pay to access basic functionalities. WhatsApp, owned by Meta, monetizes through corporate customers rather…

Diplomatic Tensions Could Impact India-Canada Immigration and Trade Relations

This week, a significant diplomatic crisis erupted between Canada and India following serious allegations from Canadian officials that suggested involvement of Indian government agents in murder and extortion schemes on Canadian soil. As relations reach an unprecedented low, the potential ramifications extend far beyond the political sphere, raising critical concerns about immigration processes and economic…

Short-form streaming platform Quibi in advanced talks to sell catalog content to Roku

According to a report from the Wall Street Journal citing sources familiar with the matter at hand, Quibi is in advanced talks to sell its content catalog to video-streaming device maker Roku Inc following the streaming service provider winding down its operations. Los Angeles-based Quibi, which offered entertainment and news in episodes of 10 minutes…

Indian short video sharing app Josh raises more than 100 million in funding round

An Indian short-video sharing app, Josh, has raised more than $100 million from investors including Microsoft, and Google, in a growing space that further eats into TikTok’s market share. Josh is one of several short video platforms have cropped up after India blocked the Chinese consumer data harvesting app in June. Josh has drawn global…

Mobile streaming service Quibi exploring strategic options to raise funds

According to a report from the Wall Street Journal, Quibi, the streaming service founded by former Disney executive Jeffrey Katzenberg, is exploring strategic options including a possible sale, a funding round or going public through a merger with a special purpose acquisition company. When asked to comment, Quibi said it does not comment on rumor…

Australia’s upcoming law will force Facebook and Google to pay for sharing domestic media content

In a statement, U.S. social media giant Facebook Inc said, it would block news publishers and people in Australia from sharing news on its app, including Instagram and Facebook if a proposed bill which forces it pay local media outlets for content, becomes law. In July, the Australian government said it would require tech giants…

Saracen-linked FB accounts spreading hate & fake news taken down: Facebook

Three members of the Saracen group have so far been arrested in Indonesia. On Friday, in a significant development, Facebook Inc has removed hundreds of Indonesian accounts, groups and pages from its social network following the discovering that they were linked to an online group accused of spreading fake news and hate speech. In 2016,…

Walt Disney Co to create live sports, original programming and news for Twitter

Video content on Twitter has doubled in the last 1 year. In a move designed to attract online viewerships, and gain advertising revenues, Walt Disney Co stated it will create news, live sports and entertainment programming specifically for Twitter Inc’s social network. Disney’s peers, including MSNBC, NBC, and Viacom Inc’s Comedy Central, BET and MTV…