Social Media News Round Up - Spotify Believes Podcasts Will Be More Profitable Than Music

Every week the Insights Team at The Goat Agency pull together the latest news from the social space in a weekly social media industry news round-up. This week we cover Spotify believing podcasts will soon be more profitable than music, Meta launching Horizon Worlds in the UK, and the latest social media platform updates!?

Read the full stories behind the headlines on our blog?here, and don't forget to follow us on?Instagram,?TikTok?and?Twitter?for real-time announcements of new content!

News This Week You Don't Want To Miss:

TikTok ‘Sleepfluencer’ Makes $30k A Month: Creators are literally making money in their sleep!

New European Misinformation Rules: Tech companies face another squeeze as they're forced to become more accountable for the information spread across platforms

Musk’s Twitter Takeover Continues: Just when you thought it was all over... it's looking like Elon will still acquire Twitter

Spotify Believes Podcasts Will Be More Profitable Than Music: Spotify is really shipping podcasts even though they are currently operating at a loss!

Meta Is Abandoning Certain Projects: Find out why Meta is dropping a number of significant projects and what this means for the future of the company

Meta’s VR Worlds Become More Interactive: One step closer to the metaverse!

Meta Brings Horizon Worlds To The UK: Finally, UK VR users can access Horizon Worlds with the rest of Europe to follow

Meta Updates Reels Creation Tools: Reels continue to get attention from Meta with even more features being rolled out!

Instagram’s New Prompts For Younger Users: Digital wellness is proving to be a big focus for Instagram this year

YouTube’s Next Stage Of The Black Voices Fund: Find out how the platform will support diverse creatives across YouTube

1.5 Billion Users Engage With YouTube Shorts: Should TikTok be worried about this latest insight from YouTube?

Pinterest’s New Partnership With Tastemade: This is great news for Pinterest creators as this partnership involves a whole host of creator integrations!

TikTok Improving Digital Wellbeing: The platform is following Instagram in discouraging overuse of the app, find out how here!

Spotify Acquires Sonantic: The platform is investing in AI text-to-speech technology recently used in the new Top Gun film!

Make sure to catch the full breakdown of all these headlines on our blog?here?and subscribe to our newsletter to never miss a beat!

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