THE TIMES OF INDIA - Instagram has rolled out 3 new features just in time for Christmas, such as Playback, Reel Visual Replies, and Profile Embed. The new Playback feature of Instagram allows users to relive their Stories from 2021. The Reel Visual Replies enables creators to comment and include it in a 60-second Reel. The Profile Embed feature offers the ability to embed an entire profile everywhere, thus offering a snapshot to their Instagram world.
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Instagram Rolled out 3 New Features
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London-based Photo-sharing App Lapse Captures €9.7M
EU STARTUPS - Lapse has just closed a €9.7M seed round for its photo-sharing app that enables groups of friends to avoid the pressures of social media. The London-based startup launched its app on an invite-only basis in Sep 2021 to 150K users on its waitlist and managed to hit #1 on both the UK and US App Stores.
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TikTok to Rank as the Third-largest Social Network, 2022 Forecast Notes
TECH CRUNCH - A new forecast has dubbed TikTok the world's third-largest social network, just behind Facebook and Instagram. Insider Intelligence - the firm previously known as eMarketer - predicts that TikTok will reach 755M MAU in 2022, after seeing 59.8% growth in 2020, followed by 40.8% growth in 2021.
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Supernova, New 'Ethical Alternative' to Social Media Giants
TECH CRUNCH - Supernova is a new app that has gone live on the Apple and Android app stores, billing itself as a new "ethical alternative" to Instagram and Facebook. It will give away 60% of its advertising revenue to global charities.
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TikTok Launches a Food Delivery Service With the Most Viral Dishes
CVBJ - TikTok launches food delivery service with viral dishes. ~300 stores in the US will be part of the network of restaurants that will offer the menu of TikTok. TikTok has partnered with Virtual Dinning Concepts (VDC), a food delivery service, to distribute the most popular dishes on the web.
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ByteDance Creates Stand-alone Shopping App
SCMP - ByteDance has created a stand-alone shopping app in China, called Douyin Box. Douyin Box app signals that ByteDance, the world' most valuable start-up, is betting big on e-commerce in China. The new app is rapidly gaining traction, ranking No 6 among all iOS shopping apps in China.
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TikTok Has a Discord Now
TECH CRUNCH - TikTok now has a Discord server. On TikTok's brand new Discord, users can chat with strangers. As of publication, there are only 400 people in the Discord, which is a "soft launch." There are five moderators from TikTok, which could pose a problem if the server continues to grow.
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Tagg Launches Social Branding App for Gen Z
TECH CRUNCH - A "social branding" app for Gen Z, Tagg announced a $2M seed round. Founded by recent alumni of Brown University and the neighboring Rhode Island School of Design, Tagg is still in private beta with thousands of users and waitlist.
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Reddit Files Confidentially to Go Public
TECH CRUNCH - Reddit has confidentially submitted a draft registration statement with the Securities and Exchange Commission to go public. Reddit has not yet determined how many shares to offer or the price range for its initial public offering.
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Mohalla Tech Raised $913M in 2021
TIMES NOW NEWS - Mohalla Tech, parent company of Moj and Sharechat, has raised $913M across three fundraise rounds in 2021. Co-founder & CEO Ankush Sachdeva says all the funds raised this year is to build a M&A warchest, double down on growth, launch new products and invest in new tech especially machine learning and AI.
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TikTok Surpasses Snapchat and Twitter's User Numbers
ADVANCED TELEVISION - TikTok has surpassed Snapchat and Twitter in global user numbers, cementing itself as the No. 3 worldwide social platform behind Facebook and Instagram. There will be 755M monthly TikTok users in 2022. This number grew 59.8% in 2020 and will increase an additional 40.8% in 2021. While that growth will slow, it will remain high at 15.1% in 2022.
See full article at Advanced Television
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Cyworld Aims to Revive Past Glory With Metaverse
KOREA HERALD - Cyworld will make its grand comeback as the metaverse platform "Cyworld Hancom Town," downloadable via both Google and Apple's app stores, as well as the local One Store, barring further hiccups in its plan.
by Yoon Min-sik
See full article at Korea Herald
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TikTok Is Testing TikTok Live Studio, a Desktop Streaming Software
TECH CRUNCH - TikTok has been testing a Windows program called TikTok Live Studio. The program allows users to log in with their TikTok account and stream directly to TikTok Live. Within the program, users can communicate with viewers through the chat feature, and stream content from computer, phone or a gaming console.
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Instagram to Soon Allow Longer Videos in Stories
INDIA TIMES - Instagram is now planning to increase the maximum length of videos in Stories to 60 seconds. With this new change in place, users will be able to post videos to Stories that are up to 60 seconds long without splitting them.
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TikTok Updates Its Lineup of Camera and Editing Tools
TECH CRUNCH - TikTok announced updates to its lineup of camera and editing tools. The Green Screen effect will now support GIFs by partnering with GIPHY. TikTok will also roll out an option to upload videos in 1080p HD. Another feature is a new Visual Enhancement button which will automatically improve the video's exposure and low-light conditions and perform color correction. It also added new musical and audio effects.
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