Amazon is acquiring some assets of MX Player, but not the entire firm, which also counts Tencent among its backers.
TechCrunch reported in February last year that Amazon and MX Player were engaging for a deal.
MX Player is especially popular among such demographic groups, and Amazon’s e-commerce service has long only been popular among the urban city consumers.
An Amazon spokesperson confirmed it has agreed to purchase some assets of MX Player after publication of this story.
Following the acquisition, Times Internet made strategic moves to transform MX Player from a local video playback app into a comprehensive video streaming platform.
Facebook is introducing a new, full-screen video player on Wednesday, which offers a more consistent design and experience for all types of video lengths, including short-form Reels, long-form videos, and even Live content.
These improved recommendations will also appear outside the player, on the Facebook Feed and Video tab.
Facebook says its upgraded player will also offer new controls like a full-screen mode for horizontal videos and a slider to skip around in longer videos.
TikTok, by comparison, has also tested horizontal videos and long-form content of 30 minutes as it looks to compete with YouTube and other sites.
The timing of the video player change also comes at a time when U.S. lawmakers are weighing a possible TikTok ban, which, if enacted, could increase video consumption on other social platforms.
Readyverse Studios partnered with Warner Bros.
Readyverse Studios founders debuted Open in a trailer today during the South By Southwest (SXSW) festival.
Of course, the new experience features a Ready Player One biome where players can explore environments, get skins inspired by the novel, and compete against each other.
In the trailer, viewers see Ready Player One protagonist Wade Watts (a.k.a.
For those who aren’t familiar with Cline’s work, Ready Player One is set in 2045, when the planet is on the verge of collapse.
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The speculated deal between Amazon and Times Internet has investors excited, as it could mean huge benefits for both companies. For Times Internet, the deal would give it a much…
