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Thu. 08/08 – Would You Buy A Subscription Mouse?

Aug 8, 2024
TikTok is rolling out a new feature called Spotlight to enhance movie and TV show engagement. Meanwhile, Meta is closing a beloved VR studio due to budget cuts. There was a rumor about Logitech introducing a subscription model for mice, but they’ve denied it. The tech world is also grappling with consumer fatigue over subscription-based hardware. On a lighter note, Crunchyroll is thriving with over 15 million subscribers, thanks in part to growing anime interest among Gen Z!
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INSIGHT

TikTok Spotlight Expands Content

  • TikTok Spotlight adds in-app hubs for movies and TV shows, linking videos with viewing information.
  • This strategy expands TikTok beyond short-form videos, offering a new way to engage users and promote content.
INSIGHT

Meta's VR Studio Closure

  • Meta closed Ready at Dawn Studios, the creators of popular VR games, due to Reality Labs budget cuts.
  • Despite Quest 3 exceeding sales expectations, Meta prioritizes long-term VR development impact over individual studio success.
INSIGHT

UK Investigates Amazon's AI Investment

  • The UK's CMA is investigating Amazon's Anthropic investment due to competition concerns.
  • This reflects growing regulatory scrutiny of Big Tech's influence on AI development and its potential impact on competition.
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