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Susan Wojcicki is stepping down as YouTube CEO after nine years at the helm. In a letter to employees (first published by Recode), Wojcicki says that she’s leaving in order to “start a new chapter focused on my family, health and personal projects I’m passionate about.” “Today, after nearly 25 years here, I’ve decided to…
For another year in a row, TikTok has found itself as the social app kids and teens are spending the most time using throughout the day, even outpacing YouTube. According to an ongoing annual review of kids’ and teens’ app usage and behavior globally, the younger demographic — minors ranging in ages from 4 through…
Spotify today is expanding its video podcasting capabilities to creators in more than 180 markets worldwide, which means the functionality is now available in nearly all the markets where Spotify’s podcast creation software, Anchor, is currently available. The feature, first entered wider testing last year, then officially launched in April to a handful of key…
Descript, the audio and video editing platform founded in 2017 by former Groupon CEO Andrew Mason, has raised $50 million in a Series C round led by the OpenAI Startup Fund, a tranche through which OpenAI and its partners, including Microsoft, are investing in early-stage companies. Descript is the second startup to receive a cash…
YouTube is expanding the reach of its TikTok competitor, YouTube Shorts, with today’s announcement that it will begin rolling out Shorts on TV to its global users. The company’s updated smart TV app will now allow users to view the popular vertical videos in an optimized experience that’s designed to feel more consistent with what…
Rephrase.ai, a self-described synthetic media production platform, today announced that it raised $10.6 million in a Series A round co-led by Silver Lake and Red Ventures with participation from 8VC. CEO Ashray Malhotra says that the plan is to put the new cash toward expanding headcount with a particular focus on Rephrase’s engineering, data science,…