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Tag Archives: tiktok

Facebook Stock Reacts Negatively as FTC Reportedly Weighing Injunction on Apps

The U.S. Federal Trade Commission (FTC) said on Thursday it is considering the possibility to seek a preliminary injunction against social network Facebook Inc., claiming it is acting anticompetitive by integrating other social apps in its network.Besides its social network, the tech giant owns Instagram, Messenger and WhatsApp and this injunction wants to ban Facebook from further integrating new applications.According to a Wall Street Journal, in a situation where this would become an...

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TikTok Tops Instagram, Facebook as App Wars Rage On

Even though the world of social media is a global affair, all fingers are certainly not equal and like any other consumer market, various platforms fight for dominance among users with some faring better than others. Facebook, in particular, has been a mainstay within the social media market for over a decade and this includes Facebook itself as well as Messenger, Instagram, WhatsApp and so on. However, there is a new crop of social media platforms that threaten its dominance and are reaching...

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Instagram Stories’ New Reels Feature Similar to TikTok is Already Available in Brazil

An American photo and video-sharing social networking platform Instagram is going to compete with Chinese TikTok. Instagram has decided to launch Reels — a new video and music feature for Instagram Stories. This service allows users to enjoy working with different tools for editing videos, create 15-second clips using an extensive music catalog, and share them on Instagram Stories. It is notable that Reels is similar to the TikTok app in its functioning.According to the TechCrunch report,...

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Sensor Tower Data Shows App Revenue Rose 23% YoY to $21.9B in Q3

Sensor Tower, a company that supplies publishers and marketers with the information needed to enhance the mobile app ecosystem, revealed the latest data. According to this information, in the third quarter of this year, people spent around $21.9 bln on gaming and non-gaming apps on such platforms as the App Store and Google Play. The report shows a 22.9% YoY rise from the $17.9 bln in the same period of 2018.Please, pay your attention that the data here is provided for the third quarter of...

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