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In 2021, as a response to the ever-increasing competition presented by TikTok, YouTube launched YouTube Shorts to host videos up to a maximum length of 60 seconds. [21] YouTube Shorts collectively earned over 5 trillion views within six months.
In May 2021, TikTok appointed Shou Zi Chew as their new CEO [47] who assumed the position from interim CEO Vanessa Pappas, following the resignation of Kevin A. Mayer on 27 August 2020. [48] [49] [50] In September 2021, TikTok reported that it had reached 1 billion users. [51] In 2021, TikTok earned $4 billion in advertising revenue. [52]
YouTube's intent in the creation of YouTube Shorts in 2020 was to compete with TikTok, [4] an online video platform for short clips. The company started by experimenting with vertical videos up to a length of 30 seconds in their own section within the YouTube homepage. [5] This early beta was released only to a small number of people.
Progression of the most-viewed video on YouTube Video name Uploader Views at achievement* Publication date Date achieved Days after upload Days held Takedown date Ref Notes "Baby Shark Dance" [7] Pinkfong Baby Shark - Kids' Songs & Stories: 7,046,700,000: June 17, 2016: November 2, 2020 1600 1,509 "Despacito" [10] Luis Fonsi: 2,993,700,000 ...
Psy's video remained the most-liked on YouTube for nearly four years until August 27, 2016, when Wiz Khalifa's "See You Again" featuring Charlie Puth surpassed it with 11.21 million likes. Less than a year later, on July 25, 2017, Luis Fonsi 's " Despacito " featuring Daddy Yankee claimed the top spot with 16.01 million likes.
The Federal Reserve announced another cut to its benchmark interest rates yesterday, dropping the Fed rate by 25 basis points to a range of 4.25% to 4.50% — the third consecutive time it's ...
On January 9, 2021, it was announced that an encore presentation of the musical would be streamed for free on TikTok, with donations to the Actors Fund encouraged, on January 10, 2021. [18] The performances raised over $2 million for The Actors Fund and featured a 350,000 total viewers. [19]
McBroom feuded on Twitter with TikToker Bryce Hall in early March 2021, and a match was booked between them. On March 18, LiveXLive announced a full card of YouTubers vs. TikTokers in which YouTuber Tanner Fox was scheduled to face Nick Austin and YouTuber FaZe Jarvis was scheduled to face TikToker Micheal Le.