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Sport TikTok could be getting into the streaming music business

15:45  18 november  2019
15:45  18 november  2019 Source:   msn.com

Instagram launches Reels, a video clip feature designed to compete with Tik Tok

  Instagram launches Reels, a video clip feature designed to compete with Tik Tok According to TechCrunch, Instagram has launched a new feature that looks a lot like TikTok: Instagram Reels are 15-second videos that users can coordinate with music and share as Stories with the potential to go viral. Similarly to Tik Tok, Instagram Reels allows users to make 15-second videos -- originals or remixes based on someone else's video format -- that can be set to music from the app's existing library and published with the possibility of going viral. A new "Top Reels" section within Instagram's Explore aggregates the most popular clips across the world for viewers to browse and enjoy.This is another attempt by a Facebook brand to compete with TikTok.

But ByteDance is taking a bit of a different approach than the music streaming giants. Instead of debuting its yet-to- be -named streaming However, ByteDance will try to get TikTok users to become paying members of its new streaming service. In addition to music , members of ByteDance’s

Could TikTok Help? As revenue from Spotify starts to sag for the first time, companies like Universal may need to look for new ways to boost earnings. I’ve dug further into Vivendi’s results, which are reported in Euros, by converting them into U.S. dollars at the prevailing rate in each relevant quarter

The Chinese company behind the surging social media phenomenon TikTok might try to conquer the competitive world of music streaming services next.

a close up of a logo: A TikTok logo is seen on a mobile device in Mountain View, California on November 2, 2019 as a photo illustration. The U.S. government organization, the Committee on Foreign Investment in the United States (CFIUS), has launched a national security review of TikTok owner Beijing ByteDance Technology Cos $1 billion acquisition of U.S. social media app Musical.ly. (Photo by Yichuan Cao/NurPhoto via Getty Images)© Yichuan Cao/NurPhoto via Getty Images A TikTok logo is seen on a mobile device in Mountain View, California on November 2, 2019 as a photo illustration. The U.S. government organization, the Committee on Foreign Investment in the United States (CFIUS), has launched a national security review of TikTok owner Beijing ByteDance Technology Cos $1 billion acquisition of U.S. social media app Musical.ly. (Photo by Yichuan Cao/NurPhoto via Getty Images)

ByteDance is in talks with several global record companies to strike deals for a new platform that could rival Spotify, Tencent Music and Apple Music, according to the Financial Times, which first reported the news.

TikTok test lets users link to the products in their videos

  TikTok test lets users link to the products in their videos Short video platform TikTok is experimenting with letting people find and buy products from within the app, by testing new features designed to direct visitors to e-commerce sites. With the new feature, TikTok users will be able to add a link to their videos to send viewers to a third-party sites where they can purchase products shown. In addition, users will also be able add one URL to their profile page. The new features were first revealed by Fabian Bern, founder of Chinese influencer marketing agency Uplab, who shared them with TechCrunch in a video on Twitter.

TikTok for Business : How You Can Use This New Social Network. By Kiely Kuligowski, Writer April 21 If you've heard of TikTok , chances are you've got a teenager somewhere in your life. Originally known as Musical .ly, TikTok stepped neatly into the void left by Vine after its untimely departure in

TikTok to Reportedly Launch Music Streaming Service in India Next Month. Following its massive success in the social networking space over the past couple of years, TikTok owner ByteDance is reportedly looking to get into the music streaming business .

The FT said the streaming music service might launch "as soon as next month" in emerging markets, such as India, before possibly coming to the United States. It said that music executives are "keen to make money" from the free-to-use app TikTok, which gained popularity by letting users record videos of themselves lip-syncing or dancing to music.

ByteDance recently revealed it has amassed more than one billion monthly active users across its apps. TikTok users spent a record $10.8 million within the app in June, with US users accounting for more than 20% of in-app purchases, according to data analytics firm Sensor Tower.

The company declined to comment on the FT report. But a music streaming platform would be the latest addition to its growing arsenal. The firm said in July it's developing a phone after striking a deal with electronics company Smartisan.

-- CNN Business' Sherisse Pham and Michelle Toh contributed to this report.

TikTok tries to explain takedown of viral video about Uighurs in China .
Other the last day or so, a TikTok "makeup tutorial" video that was actually a call for viewers to investigate the detention of Uighur Muslims in China went viral on and off the platform. However, as The Guardian and others reported, TikTok temporarily banned the account of the teenager who created the video. According to her, this isn't the first time the platfom has tried to censor her account for speaking about the issue. This evening, asThis evening, as much of the US heads into a holiday weekend, TikTok offered a public apology and detailed timeline of events, where it claims that the ban was not related to the topic of this video.

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