Snap’s direct revenue business has reached a $1 billion annualized revenue run rate, the company announced on Wednesday. Annualized revenue refers to a business’s current revenue rate projected over a full year. The social media giant says the milestone is driven by its Snapchat+ offering, which has now surpassed 25 …

X recently introduced a new immersive video player, signaling another major step in its ongoing push into video-focused experiences. Nikita Bier, X’s head of product, announced the update earlier this week, admitting the previous video player “badly needed a refresh. ” The redesign aims to make video consumption more engaging …

Only days after Spotify announced its foray into physical book sales, which included an audiobook feature that lets you sync your listening and your offline reading progress, Amazon-owned Audible has launched a feature that brings e-books together with audiobooks. The company announced on Wednesday an “immersion reading” feature in the …

Mastodon, a decentralized, open source social media platform and alternative to larger apps like X and Threads, announced on Wednesday its plans to make its app more approachable for newcomers while also targeting creators with the launch of new features. The changes follow the expansion of Mastodon’s core development team …

SeatGeek announced on Wednesday a new integration with Spotify, bringing a seamless ticket-buying experience for Spotify users. Now when Spotify users browse an artist’s page or upcoming tour dates, they will see ticket links powered by SeatGeek for concerts at these participating venues, allowing for a streamlined purchase process. Currently, …

Here’s something that you’ve never seen on Big Tech social platforms: The decentralized open social network Bluesky has integrated new technology from a startup called Germ Network in order to bring end-to-end encrypted (E2E) messaging to the Bluesky app. The move makes Germ DM the first private messenger that can …

Etsy is selling Depop, a secondhand clothing app popular with Gen Z and millennials, to eBay for $1. 2 billion in cash, the company announced on Wednesday. Etsy says the deal will allow it to focus on its own marketplace. The deal comes nearly five years after Etsy acquired Depop …