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Analysts predict India's short form video market to have 650 million users by 20...

 3 years ago
source link: https://nextbigwhat.com/analysts-predict-indias-short-form-video-market-to-have-650-million-users-by-2025/
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Analysts predict India’s short form video market to have 650 million users by 2025

Popularised by TikTok, the short form videos gave birth to many similar platforms and even got added as a feature on almost every popular social media app Instagram is on its way to becoming a video and entertainment platform with Reels – its version of short video – in focus.

TikTok is attributed as the leader in SFV in India with 200 million users and 20 million content creators posting at least one video a month.

Bain & Company predicts that by 2025 three in four internet users or 600 million to 650 million Indians will consume such videos with an average user spending 55 to 60 minutes per day on these platforms.

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Online gambling, fantasy sports apps may shut down in Karnataka from today

The controversial Karnataka Police Act, 2021 is set to come into effect from today, forcing all gambling websites to shut shop within the state.

The new law will force all kinds of gambling platforms to stop operating in the state, including platforms like Dream11, Mobile Premier League, rummy and Poker apps to stop doing business in the state.

While the Tamil Nadu government also wanted to ban online gambling in the state, the court called it unconstitutional.

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Uber faces legal action over ‘racially discriminatory’ facial recognition ID checks

The union said it’s taking the action after the unfair dismissal of a former Uber driver, Imran Javaid Raja, and a former Uber Eats courier, Pa Edrissa Manjang, following failed checks using the facial recognition technology.

Farrer told us that “Several” of the Uber drivers the union is representing had their licences revoked by TfL after being dismissed by Uber for failing ID checks on Uber Eats which Uber then reported to TfL – which he called “Disturbing”.

The company prefers to refer to the technology it uses for these real-time ID checks as ‘facial verification’, while its claim of “Robust” human review implies that no Uber or Uber Eats account is deactivated solely as a result of AI. That’s important because under UK and EU law, individuals have a right not to be subject to solely automated decisions that have legal or similar effect on them.

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