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Reining In Big Tech Amazon, Apple, Facebook and Google continue to be in the antitrust crosshairs of regulators at home and abroad. According to Business Insider, European legislators were set to unveil a raft of new policy proposals Tuesday designed to curb the influence of the tech giants this week. The Digital Services Act and Digital Markets Act could have serious consequences for the world's biggest tech companies. Even though there's a way to go before either the DSA or DMA are actually implemented, legislators are expected to throw down the gauntlet with a bold mission statement for th...

Reddit to buy TikTok rival Dubsmash Reuters Reuters Social network firm Reddit said here on Sunday it would buy short-video platform Dubsmash, becoming the latest company to expand in a space dominated by Chinese-owned TikTok. The financial terms of the deal were not disclosed, but a spokeswoman for Reddit said the acquisition was based on a combination of cash and stock. The success of ByteDance's TikTok has prompted many social media companies to add short-video services to their platforms, with Snapchat Inc rolling out "Spotlight" in November and...

Reddit acquires short-video platform Dubsmash Back on 2014-2015, one of the most popular apps in the social media space was Dubsmash, a video sharing platform that took the internet by storm thanks to innovative short creative format. Reddit has now announced their acquisition of Dubsmash, bringing over the platform and its team under Reddit itself. Dubsmash became extremely popular among social media circles thanks to the myriad of tools it offered to creators for creating really interesting videos. Creating re-enactments of popular movie scenes or songs, combined with the original videos we...

Reddit is buying TikTok rival Dubsmash By Charles Riley, CNN Business Published Dec 14, 2020 11:45:27 PM enablePagination: false Photo courtesy: Gabby Jones/Bloomberg/Getty Images (CNN) -- Message board juggernaut Reddit is accelerating its push into video, snapping up a sharing platform that is popular with young people and women. Reddit said in a statement on Sunday that it has acquired TikTok rival Dubsmash. It did not disclose the financial terms of the deal. Dubsmash allows users to create and share video content, and it's especially popular with young, diverse audiences. About 25% of B...

Reddit buys TikTok competitor Dubsmash The short-form video app has a sizable number of young, diverse creators, Reddit says. Listen - 01:41 Reddit is hopping on the short-form video app train. Angela Lang/CNET Reddit on Sunday said it has acquired short-form video app Dubsmash, a rival to video-sharing giant TikTok. As part of the purchase, Reddit will integrate Dubsmash's video creation tools into the site, "which will empower Reddit's own creators to express themselves in original and authentic wa...