Kelly Evans (Anchor) 00:00.350
meantime oracle is popping today another big mover after tick tock made major progress to keep US operations going signing a deal to spin off that unit and as this new entity now prepares to face off with existing social media giants in the US how will it fare oracle shares by
Kelly Evans (Anchor) 00:15.590
the way are up nearly eight percent julia boorstin has more in julia i think instagram has come a long way this year the algorithm is much much better the competition is a little starker than it used to be
Julia Boorstin (Senior Media & Tech Reporter) 00:27.530
yeah reels also youtube has a short form video product as well competing head-to-head with tik tok so the question now kelly is how the new US based tiktok will manage this transition both for its hundred and seventy million US users and also for its advertisers ad industry
Julia Boorstin (Senior Media & Tech Reporter) 00:44.730
analyst brian weezer warns quote the main risk is not ownership but execution the transition could introduce friction across the consumer experience advertiser infrastructure and algorithmic performance the challenge is maintaining the consistency of the user advertiser and
Julia Boorstin (Senior Media & Tech Reporter) 01:01.390
creator experience amidst some major changes that are coming on the back end the new US based company is taking responsibility for US data for content moderation and algorithm security that means retraining tick tocks algorithm on US user data at the same time the new US tick
Julia Boorstin (Senior Media & Tech Reporter) 01:19.110
tock will have to integrate with the global tick tock it will be the one managing interoperability as well as the likes of ecommerce and advertising now those elements have to be truly global for tick tock to maintain its value how all of those transitions go will impact tik tok
Julia Boorstin (Senior Media & Tech Reporter) 01:37.390
share of us digital mark ad spending currently just four percent this year and that's just a fraction of meta 's twenty three percent and google 's twenty five percent according to marketer now if user engagement and advertiser results are not negatively impacted by these
Julia Boorstin (Senior Media & Tech Reporter) 01:52.430
changes and without regulatory overhang tick tock could be well positioned to gain share from the likes of snap whose stock is down about one percent today and it could also compete even more aggressively with both meta and youtube