Minsky Media Minute: China Gaming Restrictions, ByteDance MetaVerse Play, Locast, Influential and Yahoo! Redux

China has been busy the past few weeks enacting draconian laws against gamers They have announced that children under the age of 18 will no longer be allowed to play videogames during the weekday and will be limited to the houramp160of 8 pm toamp1609 pm on Fridays weekends and holidays All online videogames will be required to connect to China39s National Press and Publication Administration and all users must register with their real names and government documentation China39s government said that these restrictions are in place to quotprotect the physical and mental health of minorsquotChina has also recently implemented their version of GDPR The Personal Information Protection law which takes effect on November 1 requires that companies that manage personal information have a clear and reasonable purpose for doing so and that use of that personal information is limited to the quotminimum scope necessary to achieve the goals of handingquot dataChinese company ByteDance which owns popular social video app TikTok has purchased Pico a virtual reality headset maker Currently Pico VR consumer headsets are only sold in China although their enterprise versions of the Neo headset are due to sell in North America shortly This acquisition sets up the battle for the Metaverse with ByteDance vs Facebook and if you believe that the Metaverse is the next big computing platform the social economic and political ramifications of this alignment are real and farreachingSouth Korea has passed an amendment to South Korea39s Telecommunication Business Act that will likely end up costing Apple and Google millions of dollars in app store revenue which could snowball into billions of dollars if other countries follow suit The law requires Apple and Google to allow app developers to use billing systems other than their own for app purchases inapp purchases and subscriptions The amendment breaks the hold that the tech giants had on developers forcing them to turn over 30 transaction fees Additionally Apple and Google may not unreasonably delay the approval of an app or remove an app from the store as a method of retaliation Subsequently Apple announced that it will now allow media apps to link to their own websites for payment globallyIBM Watsonpowered influencer platform Influential full disclosure I am on their advisory boardamp160has partnered with TikTok TikTok will integrate Influential into its Creator Marketplace which will allow Influential to see and use the stats on creators that are part of that market to make better recommendations to brandsIt appears that Locast the notforprofit service that grabbed over the air signals and offered local broadcast networks digitally to consumers for a donation is going down the same path as its forprofit predecessor Aereo Following a legal ruling yesterday that said its notforprofit donations could not be used to expand into new markets and that the practice of interrupting service every 15 minutes to those viewers who had not donated negated its noncommercial usecase Locast has shut down operationsLeichtman Research Group released results from a survey that shows that 78 of US HHs have a subscription VOD service from Netflix Amazon Prime andor Hulu That number is flat from 2020 but 4 higher than prepandemic 2019 Respondents who stream a top SVOD service daily is up to 41 significantly higher than the 33 in prepandemic 2019 The mean number of SVODDTC services per household is 31CBS has rebranded their CBS This Morning show It is now called CBS Mornings and is being broadcast from a brand new Times Squarebased studioYet another reporting glitch from Facebook This one is based on some of the fallout from the iOS 14 update and isn39t entirely unexpected as there wasamp160bound to be some triage from that The glitch this week resulted in incomplete information around appinstalls if the ad was meant to drive that actionWell it39s all a bunch of Yahoo Literally Private equity firm Apollo Global Management has finalized its acquisition of Verizon Media assets which included AOL Oath TechCrunch Engadget Yahoo Mail Yahoo Sports Yahoo Finance Autoblog Flurry Rival Makers Built By Girls and Flurry and has renamed the new entity YahooHope everyone enjoys Labor Day and to those who celebrate Rosh HaShana Shana TovaClick the social buttons to share this story with colleagues and friendsThe opinions expressed here are the author39s views and do not necessarily represent the views of MediaVillagecomMyersBizNetamp160

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Minsky Media Minute: China Gaming Restrictions, ByteDance MetaVerse Play, Locast, Influential and Yahoo! Redux

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