Facebook In The News

YouTube and Goldenvoice renew exclusive multi-year deal for Coachella livestream

The 2023 Coachella will mark the 11th year that YouTube will be livestreaming the event

SoundHound axes nearly 50% of staff less than a year after IPO

SoundHound went public in New York in April 2022 via a $2.1bn SPAC merger

Music livestreaming app Sessions, founded by ex-Pandora boss, quietly shuts down

Platform was launched by Tim Westergren in April 2020

TikTok offers cheaper ads in race against social media rivals Meta, YouTube and Twitter (report)

FT report cites advertisers, industry bodies and brands

Over 80% of Apple Music subscribers listened to Spatial Audio in 2022

Apple Music launched Spatial Audio with support for Dolby Atmos in June 2021

YouTube Shorts to split share of ad revenue between music rightsholders and creators from February 1

Shorts' revenue-sharing model replaces the YouTube Shorts Fund

Amazon is cutting over 18,000 jobs, not 10,000

Layoffs at Amazon follow similar moves by other tech giants

Video games maker John Carmack quits as Meta’s Executive Consultant for VR: ‘We have a ridiculous amount of people and resources, but we constantly self-sabotage and squander effort.’

Executive says 'this is the end of my decade in VR'