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South Korean Regulator Penalizes TikTok Over User Data Mishandling
The Korea Communications Commission has slapped TikTok with a $155,000 fine over its alleged mishandling of user data of its underage users. The Korea Communications Commission has slapped TikTok with a $155,000 fine over its alleged mishandling of user data of its underage users. -
Tencent Acquires Assets And Tech Of Malaysian Competitor iFlix
The acquisition could move Tencent closer to creating a global video streaming service that would rival Netflix in Asia. The acquisition could move Tencent closer to creating a global video streaming service that would rival Netflix in Asia. -
Beijing Court Rules Against iQiyi Over Advanced Airing Fee Dispute
The Beijing court's ruling against iQiyi may have negative repercussions on the company's efforts to generate revenue from its selling of additional premium content. The Beijing court's ruling against iQiyi may have negative repercussions on the company's efforts to generate revenue from its selling of additional premium content. -
Twitch Establishes Advisory Council To Moderate Content On Its Platform
Twitch has formed a new Advisory Council, comprised of eight members of varying backgrounds, to moderate content on its platform. Twitch has formed a new Advisory Council, comprised of eight members of varying backgrounds, to moderate content on its platform. -
Netflix Overtakes Disney Market Cap As Stock Surges To New High
Since the start of the year, Netflix's market capitalization has increased to $194 billion, while Disney has dropped to below $184 billion. Since the start of the year, Netflix's market capitalization has increased to $194 billion, while Disney has dropped to below $184 billion. -
Sony Makes $400 Million Investment In Chinese Video Platform Bilibili
Sony, through its subsidiary, purchased a 4.98 percent stake in the Chinese video-sharing firm Bilibili for $400 million. Sony, through its subsidiary, purchased a 4.98 percent stake in the Chinese video-sharing firm Bilibili for $400 million. -
YouTube Defaults Videos To 480p To Control Bandwidth Surge
Users will still be able to watch in high definition by selecting the option from the settings. Users will still be able to watch in high definition by selecting the option from the settings. -
Netflix To Reduce Bandwidth In Europe To Ease Network Load
Netflix announced that it will be reducing its bandwidth for all European members by 25 percent to avoid overloading the networks of internet service providers amid the lockdowns. Netflix announced that it will be reducing its bandwidth for all European members by 25 percent to avoid overloading the networks of internet service providers amid the lockdowns. -
Dish Network Hints Possible Merger With Rival Direct TV
Dish Network chairman, Charlie Ergen, mentioned that he considers a merger with Direct TV an "inevitable" outcome given the slump in the satellite TV industry. Dish Network chairman, Charlie Ergen, mentioned that he considers a merger with Direct TV an "inevitable" outcome given the slump in the satellite TV industry. -
Roku Sustains Strong Rally, Shares Up 5% On Robust Sales Guidance
Roku users streamed more than 40 billion hours of online, video content throughout last year Roku users streamed more than 40 billion hours of online, video content throughout last year