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Reddit’s Strategic Play Lands it a $60M Content Licensing Deal Before IPO

IT Toolbox

Content licensing deal for AI training is thus the new business model on the block. They can offer a legal high ground and allow companies like Reddit to reduce their advertising dependency, much to the delight of users. The post Reddit’s Strategic Play Lands it a $60M Content Licensing Deal Before IPO appeared first on Spiceworks.

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India says not to preorder Starlink until it obtains a license

The Verge

As the report notes, the Indian government says that the company needs to obtain a license to operate in the country before it starts deploying its services. Public is advised not to subscribe to Starlink services being advertised,” a tweet from India’s Department of Telecommunications (DoT) reads.

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Amazon’s advertising business is surging amid industry-wide ad sales boom for tech giants

GeekWire

Amazon’s advertising business continue to grow rapidly as it is now one of the company’s key sources of revenue. Perhaps more importantly, advertising is a high-margin business, helping boost Amazon’s profits that grew to $7.8 (GeekWire Photo). The 87% growth rate is notable; that rate in the year-ago quarter was 41%.

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LG will license its webOS software to other TV brands

The Verge

But that redesign isn’t something that buyers of licensed webOS TVs will have to think about — at least not yet. In licensing its platform to other TV brands, LG is following in the footsteps of Roku and Amazon, each of which has joined with third parties to release Roku TVs and Fire TV Edition TVs, respectively. What’s in it for LG?

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Reddit is going public. Will its unruly user base revolt?

Vox

It’s hoping to offer more advertisers access to its 73 million daily active users, many of whom come to Reddit looking for product recommendations. Advertisers could then target users based on their interests. The advent of AI large language models like Google Gemini has opened up new opportunities in licensing. million in 2023.

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EA disables in-game advertisements in UFC 4 following fan backlash

TechSpot

While licensing agreements with major sports brands like FIFA, Madden, and NBA have forced gamers to accept whatever comes their way, it looks like even EA realized. EA seems to have figured out that putting full-on commercials in the middle of a $60 video game doesn't sit well with gamers.

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Custom eBook Reader App: Your Brand, Enhanced Reading

Kitaboo

Consider immersing yourself in a pleasurable reading experience only to be interrupted by a random advertisement placed in a way that makes it difficult to close. A white label branded eBook reader app is a platform that has been developed by third-party developers but leased/licensed to other enterprises for use.

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