Oculus Quest 2 drives VR shipments

Facebook led the way for VR shipments in the first quarter of the year. While enthusiasm for virtual reality has dipped in recent years, the market experienced a surge in interest when Facebook-owned Oculus released its standalone Oculus Quest 2 headset in late 2020 at a high quality and low cost.  The launch saw standalone […]

Facebook Watch on Vewd devices

Facebook has expanded its Watch TV app to Vewd-enabled smart TVs and set-top boxes worldwide. Facebook Watch, the video streaming platform from the social media giant, has significantly expanded in recent years and features popular shows like Red Table Talk, STEVE on Watch and Peace of Mind with Taraji. It also features a large gaming […]

Facebook opens up video monetisation for creators

Facebook is opening up a way for content creators on its platform to earn revenue from short-form video as it looks to combat a growing shift to alternative platforms like TikTok. Both TikTok and Snapchat have significant funds for creators to make money from their video content, with Snapchat paying creators US$1 million per day […]

Facebook to pull plug on Champions League and La Liga broadcast deals

Facebook will not renew its broadcast rights deals for the UEFA Champions League in Latin America and La Liga in India when they end this year, the company has confirmed. The social media company made waves in 2018 when it acquired the rights, but has now conceded that this is not the direction it wants […]

US$4.5 billion sports highlights market dominated by YouTube viewing

YouTube has overtaken Facebook as the most popular social platform for viewing sports highlights, with this standalone market estimated at being worth up to US$4.5 billion. According to a new study from Ring Digital, 53% of Americans use YouTube as a regular way of watching sports highlights compared to 45% who use Facebook. This is […]

Facebook adds Netflix support for Portal TV

Portal TV, the video chat-oriented set-top box from Facebook, has added support for Netflix.  Unlike seemingly equivalent streaming devices like Google Chromecast and Amazon’s Fire sticks, Portal was first launched in 2018 as a smart screen device to rival the Amazon Echo Show and Google Home Hub (now Google Nest Hub). The product line came […]

Surrey County Cricket Club to broadcast matches on Facebook for free

Facebook has tied up a streaming deal with Surrey County Cricket Club to broadcast the club’s home games on Facebook Watch for free. The arrangement will see Surrey’s matches in the NatWest T20 Blast and the one-off Bob Wills Trophy shown on the club’s Facebook page with the first broadcast being the London Cup between […]

Disney freezes Disney+ and Hulu ad spend on Facebook

Disney has become the latest high-profile company to cut its ad spend on Facebook platforms amid a growing movement against the social media giant’s perceived inaction over hate speech on its platform. As reported by the Wall Street Journal, Disney has joined the likes of Microsoft, Starbucks and Coca-Cola in pulling ads from Facebook’s main […]

UK watchdog calls for action on Google and Facebook’s market power

UK competition watchdog the CMA has called on the British government to take on Google and Facebook’s market power in the online advertising market. According to the regulator, based on the results of a year-long market study, “existing laws are not suitable for effective regulation” and it is “recommending a new pro-competition regulatory regime to […]

British man convicted of selling over £100,000 of illegal streaming devices avoids jail

A British man has been convicted of costing broadcaster Sky £1 million through the sale of illegal streaming devices (ISDs). Mark Schofield, based in Radcliffe (a town in the Metropolitan Borough of Bury, Greater Manchester), pleaded guilty to selling a thousand ISDs to people across the north west, reports a local paper. It was found […]

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