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![]() by AFP Staff Writers San Francisco (AFP) March 18, 2021
YouTube on Thursday started rolling out an early version of its Shorts quick-clip feature in the United States, ramping up its challenge to TikTok. The popularity of YouTube Shorts soared during testing in India, and it has been racking up more than 6.5 billion views a day by people tuning in overall, according to product lead Todd Sherman of the Google-owned video service. "We're introducing our YouTube Shorts Beta to the United States starting today, as we continue to build the experience alongside our global community," Sherman said. "We plan to introduce more features as we continue to build Shorts alongside creators and artists." YouTube is also working on ways for people to make money from audiences at Shorts, according to Sherman. The new service is the latest to challenge the fast-growing Chinese-owned TikTok which has faced scrutiny over its ties to the Beijing government. Netflix early this month added a "Fast Laughs" feature to its iPhone app, serving up comic clips in rapid fire, in a move taking on the popular video app TikTok. Facebook-owned Instagram responded to TikTok's popularity with their own short video format called Reels last August. And in November, Snapchat launched Spotlight, a public feed of content produced by users. gc/rl
![]() ![]() Chinese video platform Bilibili eyes up to $3.2bn in Hong Kong listing Beijing (AFP) March 17, 2021 Chinese video-sharing platform Bilibili is looking to raise up to $3.2 billion in a second listing in Hong Kong, the company said Wednesday, becoming the latest Chinese firm to seek a foothold in the city. Bilibili, which is Nasdaq-listed, is selling 25 million shares as part of the offering, at a maximum price of HK$988 ($127.2) per share for the part of the deal reserved for Hong Kong retail investors. The offering initially comprises 750,000 shares for retail investors, with the rest for inst ... read more
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