Popular social media platform, TikTok is notably one of the most used apps globally – serving users with short-form video content from creators of several genres.
The platform which is owned by the Chinese-based company, ByteDance Ltd boasts millions of creators churning out straight-to-the-point videos without the need for a long storyline.
With many active users on the platform, TikTok has been labelled a top competitor for other social media platforms that eventually updated their services to include straight-to-the-point videos – platforms like Meta’s Instagram and Facebook (Instagram Reels and Facebook Reels, respectively) as well as Google’s YouTube (YouTube Shorts) and Snapchat (Snapchat Spotlight).
However, a recent update from ByteDance Ltd reveals that TikTok’s newest update will now accommodate the creation of longer videos of up to ten minutes long.
Over the years, users have watched TikTok’s creation length for videos evolve and this is just another evolution of the widely used social media platform. Initially, TikTok, upon launch, started out with a 15-seconds limit for creators. It was then extended to 60-seconds and then 3 minutes. And with this new update, creators can now make videos for up to ten minutes long.
While it may seem that the company is gradually shifting from its original short-form regulation, the company had disclosed that this update is coming in handy to build a better user experience for creators to unleash their “full potential.”
However, this announcement still positions the social media platform as one of the strong competitors for YouTube and Instagram. The two platforms with arguably an equal amount of user database, have been battling for dominance in the creator space and evidently, this update may force other platforms to react with the rolling of similar updates (or better).
A few creators have also suspected that this update may come with a policy that allows ads on TikTok. While this may be true, the possibility of that happening wasn’t disclosed by the company. However, they have disclosed that the feature update is said to be rolled out in the coming weeks ahead – we can only wait and look out for TikTok updates on the various mobile application stores.
Elon Musk Envisions X as the Future of Your Financial Life
Tech visionary Elon Musk unveiled his vision for X, aiming to transform it into the epicenter of people’s financial worlds by the end of 2024.
Musk’s plan transcends mere payment solutions, targeting nothing short of the complete financial ecosystem, including money and securities. “You won’t need a bank account,” he affirmed.
X, led by CEO Linda Yaccarino, sees this as an ambitious opportunity that could reshape the financial landscape as we know it.
Musk expressed his unwavering commitment to the cause, stating, “It would blow my mind if we don’t have that rolled out by the end of next year.”
This ambition traces back to Musk’s dot-com-era online bank, X.com, which later evolved into PayPal. Musk aims to take a page from his earlier playbook, hoping to outshine PayPal with a more comprehensive approach.
The platform’s offerings are set to include high-yield money market accounts, debit cards, checks, and loan services. Musk’s endgame? An ecosystem that empowers users to send money worldwide instantly and in real-time.
However, this transformation is not without its challenges. Elon Musk must convince users of the necessity of such an all-encompassing platform while gaining their trust with their financial lives.
The vision of X as an “everything app” resonates with the rise of super apps like WeChat in China, which provide users with access to a myriad of services, from shopping to transportation.
As X positions itself to revolutionize the financial industry, Musk’s audacious endeavor promises to change the way we handle money, potentially eliminating the need for traditional banking as we know it.
The world watches with bated breath to see if Musk’s bold vision will become a reality.
WhatsApp Introduces Dual Account Feature, Enabling Users to Sign Into Two Accounts
WhatsApp has introduced a groundbreaking innovation that promises to redefine the user experience.
This new feature allows individuals to simultaneously manage two WhatsApp accounts on a single device, eliminating the need for dual phones.
The eagerly anticipated announcement was made by Mark Zuckerberg, Facebook’s CEO, who assured Android users that this feature will soon grace their screens.
Gone are the days of juggling multiple WhatsApp accounts, a task that often required carrying two separate devices. While tech giants like Xiaomi and Oppo had previously introduced app cloning features for multiple WhatsApp instances, WhatsApp’s integrated approach sets a new standard for seamlessness.
This innovation is poised to be a game-changer for users who navigate both personal and professional realms on this ubiquitous messaging platform.
Cumbersome login-and-logout routines and the perpetual concern of messaging from the wrong account will soon be a thing of the past, replaced by a newfound ease of multitasking.
Activating this feature is a straightforward process. Users need only navigate to the ‘Settings’ menu and select ‘Add Account.’ During setup, a second phone with a SIM card or a device supporting eSIM technology is required to unlock the full potential of multi-SIM functionality.
WhatsApp ensures that each account can have its own customized notification and privacy settings, preserving data integrity and personalization.
In addition to the dual account feature, WhatsApp recently introduced passkey support for Android, enhancing security by providing an alternative to SMS-based two-factor authentication.
This latest advancement underscores WhatsApp’s dedication to user convenience, connectivity, and digital identity security, setting the stage for a more organized and efficient way of communication.
X Takes on Bots: New Zealand and Philippines Users Pay $1 Subscription
Nigerian Exchange Rebounds with N166bn Gain, Led by Key Banking and Tech Stocks
Nigeria’s Commercial Papers Surge to Over N1 Trillion
Nigeria’s FX Reserves Dwindle by $1.6 Billion Amid Unification Efforts, Straining Naira
Business3 weeks ago
Nigeria’s Logistics Sector Holds Untapped N3tn Potential, Says Courier and Logistics Management Institute
Black Market Rate3 weeks ago
Black Market Exchange Rate Today 14th November 2023
News3 weeks ago
Millionaire Powerplay Limited Unveils Unprecedented Odds in American Lotto’s Instant Cashless Payout
News4 weeks ago
N-Power Batch C1 Programme Successfully Concluded, Investigation Ensures Eligible Beneficiaries Receive Payments
Black Market Rate4 weeks ago
Black Market Exchange Rate Today 9th November 2023
Forex3 weeks ago
Black Market Exchange Rate Today 16th November 2023
Forex4 weeks ago
Black Market Exchange Rate Today 10th November 2023
Forex4 weeks ago
Black Market Exchange Rate Today 8th November 2023