Daily Crunch 6/16/22
TechCrunch Daily Crunch
SpokenLayer
3.8 • 49 Ratings
🗓️ 16 June 2022
⏱️ 5 minutes
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| 0:00.0 | This episode is brought to you by Chef Station. |
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| 0:45.2 | dot com code tech news this is tech crunch |
| 0:55.0 | Here's your Daily Crunch. In an effort to present itself as a viable competitor to the reigning short-form video platform |
| 1:02.0 | Tik-Toc, YouTube announced today its rival service |
| 1:05.3 | YouTube Shorts is now being watched by over 1.5 billion logged in users every month less than two years after its launch. |
| 1:14.2 | By comparison, TikTok announced 1 billion monthly users in September 2021. |
| 1:19.4 | Though it hasn't announced updated figures since, TikTok was forecast to hit the 1.5 billion per month |
| 1:25.6 | user figure sometime this year. |
| 1:28.0 | Related to its new milestone, YouTube also promoted short stability to drive viewers to creators long-form video channels |
| 1:35.9 | as a byproduct of its investments in shorts. |
| 1:38.8 | It's referring to the trend as the rise of the multi-format creator, but in reality it seems to be more an admission |
| 1:46.5 | that YouTube still sees more value in its longer form content. |
| 1:50.7 | However, YouTube's report doesn't take into account how Tik-Toc has been steadily |
| 1:55.9 | inching into its territory with long-form content of its own and could potentially lure creators |
| 2:02.1 | to a platform where both shorter and longer content is more intertwined. |
... |
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