Marc and Lynne Benioff will buy Time magazine from Meredith for $190M

Another tech billionaire will scoop up a major news outlet. Meredith Corporation, which acquired Time Inc. in January, announced today that it has agreed to sell its eponymous magazine to Salesforce.com co-founder Marc Benioff and his wife Lynne Benioff for $190 million in cash. Meredith said in March that it planned to sell Time, Sports […]

iHeartMedia is acquiring HowStuffWorks

iHeartMedia has agreed to acquire Stuff Media, the company that owns the HowStuffWorks podcasting business. The companies did not disclose the financial terms of the deal, but both the Wall Street Journal and Variety are reporting that the acquisition price was $55 million. According to the announcement, Stuff Media podcasts will retain their branding and […]

Facebook rolls out photo/video fact checking so partners can train its AI

Sometimes fake news lives inside of Facebook as photos and videos designed to propel misinformation campaigns, instead of off-site on news articles that can generate their own ad revenue. To combat these politically rather than financially motivated meddlers, Facebook has to be able to detect fake news inside of images and the audio that accompanies […]

Apple wins first original video Emmy for ‘Carpool Karaoke’

Ahead the launch of its own video streaming service, Apple has been awarded its first-ever Primetime Emmy for its original video programming, for “Carpool Karaoke.” The series won the “Outstanding Short Form Variety Series” category on Sunday night. This is not Apple’s first-ever Emmy – it has won other technical and engineering awards in the […]

Apple Music launches a ‘Top Charts’ playlist series

Apple Music is rolling out a new playlist series that will feature the Top 100 songs on Apple Music globally and for those countries where Apple Music is available. Because they’re playlists, users will be able to add these top charts for their country or the Top 100 Global songs to their library so they can […]

Google will struggle if it re-enters China, says its former country head

The odds are stacked against Google if the reports are true and the company is trying to bring its services back to China, according to the former head of Google China. News reports last month uncovered details of internal plans to introduce a search product and a news app in China, moves that would mark […]

UK media giants call for independent oversight of Facebook, YouTube, Twitter

The UK’s leading broadcasters and ISPs have called for the government to introduce independent regulatory oversight of social media content. The group of media and broadband operators in the tightly regulated industries spans both the state-funded and commercial sector — with the letter to the Sunday Telegraph being inked with signatures from the leaders of the BBC, […]

Chat app Line hopes its own crypto token can solve its user growth problem

Line, the Japanese messaging app firm that’s best known for its cutesy characters and stickers, is pushing deeper into crypto after it launched its own token to help grow its stagnant user base. Line went public two years ago with 218 million monthly active users, but it hasn’t been able to kick on. The company no longer gives out […]

Sinemia takes aim at MoviePass again, with new $9.99 plan

Sinemia continues its campaign to take advantage of MoviePass’ high-profile struggles and win over the better-known movie ticket subscription service’s customers. Today, it announced a new plan priced at $9.99 per month. MoviePass, after all, recently announced that it would be keeping its monthly subscription price at $9.95, but limiting subscribers to three movies per […]

Facebook Watch is launching worldwide

Facebook Watch, the social network’s home to original video content and answer to YouTube, is now becoming available worldwide. The Watch tab had first launched last August, only in the U.S., and now touts over 50 million monthly viewers who watch at least a minute of video within Watch. Since the beginning of the year, […]