YouTube announces new ad formats for shorts

YouTube lets creators edit long videos into shorts

Google-owned streaming platform YouTube has announced that users can now turn their longer videos into Shorts by adding a new "Edit into a Short" tool to its iOS and Android app. With this new update, which is now rolling out across iOS and Android devices, users can now convert up to 60 seconds from their own existing long-form YouTube video...


Jack May poised to cede control of Ant Group, WSJ report says

Jack May poised to cede control of Ant Group, WSJ report says

Chinese billionaire Jack Ma plans to cede control of Ant Group, the Wall Street Journal reported on Thursday, after a regulatory crackdown that scuppered its $37 billion IPO in 2020 and led to a forced restructuring of the financial technology behemoth.

While Ma only owns a 10 percen...


Apple, TikTok-hit Meta reports 1st ever quarterly revenue drop

Apple, TikTok-hit Meta reports 1st ever quarterly revenue drop

Stiff competition from TikTok and Apple Inc's privacy changes will remain a cause for concern for Facebook-owner Meta Platforms Inc. in the near term, Wall Street analysts said.

At least 10 brokerages cut their price targets on Meta after the company reported its first-ever quarterly...