In March, a new buzzword took hold of social media—non-fungible tokens (NFTs). NFTs, assets verified by blockchain, were suddenly everywhere, and artists were trying to figure out how to take advantage of the wave. Some managed to make eye-popping gains from selling their digital art through NFTs, and soon, media outlets, musicians, and even Jack […]
The Australian bill—good or bad for the media industry?
The last few months have brought multiple hurdles to the giants of the tech world, but the latest bill in Australia, which seeks to make Google and Facebook pay for media outlets, might be their biggest challenge. The Australian government argues that tech companies siphon ad dollars from the content provided by news outlets, so […]
Twitter diversifies as newcomers take over the Internet
As social media giants like Twitter and Facebook grapple with content moderation issues, new platforms are monopolizing the online realm. The newsletter platform Substack and the recently launched audio-based social network Clubhouse are two of those newcomers that have seen their values soar. As a response, Twitter has tried to diversify its business in these […]
Ten predictions for the 2021 media and entertainment industry
As we near the close of 2020, we wonder what the new year might bring to the entertainment and media industry. During these complicated 12 months, we have seen an apparent acceleration of the trends that had been in the works since the early 2010s. In 2021, that transformation of the market will only speed […]
Parler, an online home for conservatives
It’s a common catchphrase among the right that the left has captured social media. They argue that the platforms are only banning or tagging content from specific right-wing figures such as President Donald Trump, while not taking issue with leftist commentators. After the defeat of Trump in the elections, millions of users have decided to […]
Tech companies under the microscope
Last week, the US House Judiciary Committee published the report on tech companies’ monopoly in the digital space that we had been expecting since the summer. The report argues in favor of reducing tech companies’ power and reexamining the way antitrust laws are understood. However, it does not show a way forward on how to […]
How the post-truth world led to QAnon
In the last few months, QAnon proponents have gained momentum on social media, with President Donald Trump recently offering encouragement to the theory advocates. QAnon is a far-right conspiracy theory concocted in 2017, which argues that there’s a deep state working against Trump and his administration. Their statements have no grounding in reality, but they […]
Antitrust measures for the 21st century
On Wednesday July 29, the CEOs of Apple, Amazon, Facebook, and Google were summoned to a hearing with the House antitrust committee. It turned out to be one of the most critical antitrust events since the 90s Microsoft case. One thing is clear—U.S. politics are finally waking up on the antitrust front after three decades […]
