Digest: TikTok Launches Ad-Free Tier in UK; Byron Allen Buys BuzzFeed; Texas Sues Netflix Over Child Spying Claims
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Digest: TikTok Launches Ad-Free Tier in UK; Byron Allen Buys BuzzFeed; Texas Sues Netflix Over Child Spying Claims
"TikTok is introducing a new ad-free subscription tier in the United Kingdom, allowing users to pay £3.99 per month to remove advertising and disable the use of their personal data for targeted ads. The move aligns with evolving UK privacy regulations that are giving consumers greater control over how their data is used for advertising, although TikTok has positioned the change as part of a broader effort to provide users with more choice over their in-app experience."
"While TikTok says users who do not subscribe will continue to receive personalised ads as normal, the new offering reflects how social media companies are adapting their business models to comply with stricter data protection rules while preserving advertising revenues."
"BuzzFeed has been sold for USD$120m (£94.8m) to media entrepreneur Byron Allen, after a decline from the company's peak valuation of USD$1.7 bn (£1.34bn) in the 2010s. Under the deal, Allen will assume the role of chief executive, replacing founder Jonah Peretti, who will remain with the company as president of BuzzFeed AI. The acquisition also includes HuffPost, as Allen looks to expand his media portfolio and deepen his presence in digital publishing and streaming."
"California has filed a lawsuit against Meta, alleging the company profited from scam adver"
TikTok is launching an ad-free subscription tier in the United Kingdom for £3.99 per month. The tier removes advertising and disables use of personal data for targeted ads. Non-subscribers will continue receiving personalized ads. The change aligns with UK privacy regulations that increase consumer control over data used for advertising. BuzzFeed is being acquired by media entrepreneur Byron Allen in a $120m deal. Allen will become chief executive, replacing founder Jonah Peretti as CEO while Peretti remains president of BuzzFeed AI. The acquisition includes HuffPost and targets expansion in free-streaming video, audio, user-generated content, and AI-driven media. California has filed a lawsuit against Meta alleging profits from scam advertising.
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