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Sunday, 29 November 2020

Alphabet's YouTube to launch TikTok-like product

Reuters , Tuesday 15 Sep 2020
A 3D printed Youtube and Tik Tok logos are seen near smartphone with displayed Tik Tok logo in this
A 3D printed Youtube and Tik Tok logos are seen near smartphone with displayed Tik Tok logo in this illustration taken, September 15, 2020. REUTERS
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Alphabet Inc's YouTube is rolling out its version of social media rival TikTok, a new short-form video service called Shorts, enabled within its video-sharing platform.

YouTube will first test the feature in India over the next few days and then expand to more countries in the coming months, it said in a blog post on Monday.

YouTube's new product, which will compete with Facebook Inc's Reels and TikTok, will let users record short mobile-friendly vertical videos and then add special effects and soundtracks pulled from a music library.

The announcement also comes as Oracle Corp and China's ByteDance team up to keep TikTok operating in the United States, beating Microsoft Corp in a deal structured as a partnership rather than an outright sale.

YouTube's entry into the short-form video service space coincides with TikTok's ban in one of its biggest market, India, following the country's escalating tensions with China.

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