Instagram is ‘offering hundreds of thousands of dollars to TikTok’s most popular creators to lure them to its rival video platform Reels’ Instagram is due to launch Reels, its short-form video service, in the app in August To promote the launch, it is approaching high-earning TikTok stars to lure them, according to unnamed sources Instagram … Read more
Apple’s App Store facilitated half a trillion dollars in commerce last year, a new study reveals. The App Store ecosystem supported $519 billion in billings and sales globally in 2019 alone, according to independent economists at Analysis Group. The highest value categories were mobile commerce apps, digital goods and services apps, and in-app advertising, while games … Read more
Lawyers in the US have launched a landmark legal action to sue China for trillions of dollars over the coronavirus pandemic, accusing its Communist leaders of negligence for allowing the outbreak to erupt and then covering it up. The class action, which involves thousands of claimants from 40 countries including Britain and the US, was … Read more