Wednesday, May 25, 2022

An in-depth look at Meta's ongoing battle to keep Facebook and Instagram relevant as TikTok's growth explodes, including encouraging creators to use Reels (Bloomberg)

Bloomberg:
An in-depth look at Meta's ongoing battle to keep Facebook and Instagram relevant as TikTok's growth explodes, including encouraging creators to use Reels  —  Last year an Instagram representative contacted Justina Sharp, a 24-year-old with 93,000 followers, and asked for a meeting to discuss ways she could expand her audience.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...