Friday, September 30

Tag: social media

iQIYI Enters into Content Licensing Cooperation with Douyin
Entertainment

iQIYI Enters into Content Licensing Cooperation with Douyin

BEIJING, July 18, 2022 /PRNewswire/ -- iQIYI, Inc. (Nasdaq: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, today announced that the Company has entered into a definitive agreement with Douyin, pursuant to which the Company will license select content to Douyin for editing and distribution as short form videos in the formats agreed by the two companies. The Company and Douyin will also cooperate in other operational areas. "The cooperation between iQIYI and Douyin demonstrates the value recognition of iQIYI's exceptional content portfolio, as well as the strength and longevity of the Company's premium long-form video content. And more importantly, this is a milestone that showcases the mutual respect and collective efforts in protecting ...
Elon Musk’s politics are dividing consumers
Business

Elon Musk’s politics are dividing consumers

Washington, DC CNN  —  Jason Simon placed an order for a Tesla Model 3 this April, eager to own an electric vehicle. He heard from Tesla in June that his car was ready, but he backed out of the purchase, losing the $250 order fee he paid. Simon told CNN Business his feelings changed this spring after Tesla CEO Elon Musk struck a deal to buy Twitter. Musk has since backtracked and indicated that he wants out of the deal to purchase the social media company. Simon is one of many electric vehicle buyers who have developed new, stronger feelings about Musk and Tesla in recent weeks. Driving a Tesla has long been a way for consumers to signal values on the environment and sust...
Is Social Media Harmful For Your Mental Health?
Opinion

Is Social Media Harmful For Your Mental Health?

If you've ever wanted to know if social media is harmful for your mental health, this article will help you understand the link between the two. It explores the potential negative effects of the widespread use of social media, the effects it has on face-to-face relationships, and the effects on our self-image. But before we jump into the benefits of social media, let's take a closer look at some of the negative aspects of using these tools. Neglecting face-to-face relationships It's not uncommon to see people who are engrossed in social media. The fact is, these people are using it for more than just entertainment. Often, it becomes a distraction from school or work and can lead to negative feelings. If you have neglected your face-to-face relationships, you might want to take a clo...
Wall Street, Tech Investors Back Musk Twitter Bid With $7B | Business News
Business

Wall Street, Tech Investors Back Musk Twitter Bid With $7B | Business News

By MICHELLE CHAPMAN and TOM KRISHER, AP Business WritersElon Musk has strengthened the equity stake of his $44 billion offer to buy Twitter with commitments of more than $7 billion from a diverse group of investors including Silicon Valley heavy hitters like Oracle co-founder Larry Ellison.A regulatory filing Thursday also said that Musk is in talks with other parties for additional funding commitments, including former Twitter CEO Jack Dorsey, the social media platform's second-largest individual stakeholder after Musk.Ellison, who is also a board member of electric vehicle maker Tesla, is making the biggest contribution, pegged at $1 billion. Musk is Tesla's CEO and biggest shareholder.Other investors include tech investor Sequoia Capital Fund, which pledged $800 million, and VyCapital, ...