TikTok is testing support for paid subscriptions for its short form video platform. The company didn't share details about when it might roll out to creators, or how many are currently testing it. If adopted, it would be the latest move by TikTok to help its creators monetize their content.
The Senate Judiciary Committee passed the American Innovation and Choice Online Act 16-6. The legislation would prohibit tech companies from favoring their own products and services. The House version of the bill is already ready for a vote and could still change from a handful of amendments.
Google is working on an AR headset that it hopes to ship in 2024. The headset is internally codenamed Project Iris. It uses outward-facing cameras to blend computer graphics with a video feed of the real world. Early prototypes resemble a pair of ski goggles and don't require a tethered connection to an external power source.
Meta, the technology parent company of Facebook and Instagram, may be entering the crypto marketplace soon. The social media platforms are reportedly preparing a feature that lets users create, sell and buy original non-fungible tokens. NFTs are essentially one-of-a-kind digital pieces of content that can't be reproduced.
Spotify was the largest music streaming service in the world as of the second quarter of 2021 with a market share of 31 percent. Apple Music was in second place at 15 percent, with Amazon Music and Tencent Music tied at third with 13 percent each. That's according to a report from Midia Research, a media and entertainment-focused research and analysis agency.
Amazon is opening its first-ever Amazon Style physical clothing store. The store will be in Los Angeles later this year. It will offer hundreds of brands from designers including Oscar de la Renta, Altuzarra and La Perla. The app will let you choose an item, size and color and send it directly to a fitting room or counter.
Global smartphone shipments grew only 1% year over year in the final quarter of 2021. Canalys says this is due to supply chain issues and bottlenecks. The impact is greatest among smaller manufacturers, who have had the greatest issues finding new suppliers. The quarter also saw Apple return to the overall top spot in the global market.