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A Radiohead song from 1997 is on the Hot 100 charts, thanks to TikTok

«Let Down» broke into the Billboard Hot 100 nearly 30 years after its release, marking just the fourth Radiohead song to enter the charts.
A Radiohead song from 1997 is on the Hot 100 charts, thanks to TikTok

Indian social network Koo is shutting down as buyout talks collapse

The Indian social media platform Koo, which positioned itself as a competitor to Elon Musk’s X, is ceasing operations after its last-resort acquisition talks with Dailyhunt collapsed. Despite securing over $60 million in funding from prominent investors, including Accel and Tiger Global, Koo faced significant challenges in expanding its user base and generating revenue over […]
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Indian social network Koo is shutting down as buyout talks collapse

33% of US TikTok users say they regularly get their news on the app, up from 22% in 2020

Earlier this summer, a Google exec admitted that TikTok was eating into its core Search business, particularly among younger users. But that’s not all TikTok is now being used for, a new Pew Research Center study indicates. According to the findings from a report that examined Americans’ use of social media for news consumption, 33% of TikTok users now say they regularly get their news on the social video app, up from just 22% in 2020.
Meanwhile, nearly every other social media site saw declines across that same metric — including, in particular, Facebook, where now only 44% of its users report regularly getting their news there, down from 54% just two years ago.
Image Credits: Pew Research
This data suggests TikTok has grown from being just an entertainment platform for lip syncs, dances, and comedy to one that many of its users turn to in order to learn about what’s happening in their world.
That may raise concerns, given TikTok’s connections to China — a topic it was recently pressed to clarify in a Senate hearing focused on national security. The hearing had followed the release of a BuzzFeed News report that had discovered how China-based ByteDance employees had been regularly accessing TikTok’s U.S. users’ private data.
If TikTok were to become one of the primary ways younger people in the U.S. learned about news and current events, then the app could potentially provide a channel for a foreign power to influence those users’ beliefs with subtle tweaks to its algorithm.

Meta, TikTok, YouTube and Twitter dodge questions on social media and national security

For the time being, however, TikTok is not a primary source of news consumption across social media — that honor still resides with Facebook.
Pew found that 31% of U.S. adults report regularly getting their news from Facebook, which is higher than the 25% who get their news from YouTube, the 14% who get it from Twitter, or the13% who get it from Instagram.
TikTok was in fifth place by this ranking, as only 10% of U.S. adults said they regularly get their news on the video app. (Of course, when TikTok’s sizable user base of those under the age of 18 grows up, these metrics could quickly change.)
LinkedIn (4%), Snapchat (4%), Nextdoor (4%), WhatsApp (3%) and Twitch (1%) were much smaller sources of news among Americans, the study also found.
Image Credits: Pew Research
In addition, Pew somewhat backed up Google’s assertion that it was losing traction to TikTok and other social media apps, as it noted that the percentage of U.S. adults who got their news via web search had dropped from 23% in 2020 to 18% in 2022.
But it didn’t necessarily point to TikTok or any other social platform as gaining, as the percentage of adults using social media of any sort for news consumption dropped from 23% to 17% between 2020 and 2022, as did other forms of news consumption like news websites and apps.
Image Credits: Pew Research
It’s not clear that any single platform is benefiting from these declines, as Pew didn’t uncover a shift from digital news sources to others, such as TV, print or radio — all those saw declines in news consumption as well.
Image Credits: Pew Research
Still, digital devices continue to outpace TV, Pew said, as the latter has seen its usage drop as a source for news consumption from 40% in 2020 to 31% in 2022.
Plus, when asked about preferences, more Americans (53%) said they would rather get their news digitally than on TV (33%), radio (7%), or print (5%) — an answer that’s stayed consistent since 2020.

Google exec suggests Instagram and TikTok are eating into Google’s core products, Search and Maps

33% of US TikTok users say they regularly get their news on the app, up from 22% in 2020 by Sarah Perez originally published on TechCrunch
33% of US TikTok users say they regularly get their news on the app, up from 22% in 2020

Google, YouTube outline plans for the US midterm elections

Google and its video sharing app YouTube outlined plans for handling the 2022 U.S. midterm elections this week, highlighting tools at its disposal to limit the effort to limit the spread of political misinformation.
When users search for election content on either Google or YouTube, recommendation systems are in place to highlight journalism or video content from authoritative national and local news sources such as The Wall Street Journal, Univision, PBS NewsHour and local ABC, CBS and NBC affiliates.
In today’s blog post, YouTube noted that it has removed “a number of videos” about the U.S. midterms that violate its policies, including videos that make false claims about the 2020 election. YouTube’s rules also prohibit inaccurate videos on how to vote, videos inciting violence and any other content that it determines interferes with the democratic process. The platform adds that it has issued strikes to YouTube channels that violate policies related to the midterms and have temporarily suspended some channels from posting new videos.
Image Credits: Google
Google Search will now make it easier for users to look up election coverage by local and regional news from different states. The company is also rolling out a tool on Google Search that it has used before, which directs voters to accurate information about voter registration and how to vote. Google will be working with The Associated Press again this year to offer users authoritative election results in search.
YouTube will also direct voters to an information panel on voting and a link to Google’s “how to vote” and “how to register to vote” features. Other election-related features YouTube announced today include reminders on voter registration and election resources, information panels beneath videos, recommended authoritative videos within its “watch next” panels and an educational media literacy campaign with tips about misinformation tactics.
On Election Day, YouTube will share a link to Google’s election results tracker, highlight livestreams of election night and include election results below videos. The platform will also launch a tool in the coming weeks that gives people searching for federal candidates a panel that highlights essential information, such as which office they’re running for and what their political party is.
Image Credits: YouTube
With two months left until Election Day, Google’s announcement marks the latest attempt by a tech giant to prepare for the pivotal moment in U.S. history. Meta, TikTok and Twitter have also recently addressed how they will approach the 2022 U.S. midterm elections.
YouTube faced scrutiny over how it handled the 2020 presidential election, waiting until December 2020 to announce a policy that would apply to misinformation swirling around the previous month’s election.
Before the policy was initiated, the platform didn’t remove videos with misleading election-related claims, allowing speculation and false information to flourish. That included a video from One America News Network (OAN) posted on the day after the 2020 election falsely claiming that Trump had won the election. The video was viewed more than 340,000 times, but YouTube didn’t immediately remove it, stating the video didn’t violate its rules.

YouTube declares war on US election misinformation… a month late

In a new study, researchers from New York University found that YouTube’s recommendation system had a part in spreading misinformation about the 2020 presidential election. From October 29 to December 8, 2020, the researchers analyzed the YouTube usage of 361 people to determine if YouTube’s recommendation system steered users toward false claims regarding the election in the immediate aftermath of the election. The researchers concluded that participants who were very skeptical about the election’s legitimacy were recommended significantly more election fraud-related claims than participants who weren’t unsure about the election results.
YouTube pushed back against the study in a conversation with TechCrunch, arguing that its small sample size undermined its potential conclusions. “While we welcome more research, this report doesn’t accurately represent how our systems work,” YouTube spokesperson Ivy Choi told TechCrunch. “We’ve found that the most viewed and recommended videos and channels related to elections are from authoritative sources, like news channels.”
The researchers acknowledged that the number of fraud-related videos in the study was low overall and that the data doesn’t consider what channels the participants were subscribed to. Nonetheless, YouTube is clearly a key vector of potential political misinformation — and one to watch as the U.S. heads into its midterm elections this fall.

Facebook will disable new political ads a week before US midterm elections

Google, YouTube outline plans for the US midterm elections

Daily Crunch: Snap lays off one-fifth of its workforce after missing revenue and growth targets

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here.
Midweek? More like mid-weak! Okay, terrible pun, but we’re a little low energy in this heat wave today, so it kinda made sense.
Oh! And good news, btw, we’re offering 15% off Disrupt tickets (excluding online or expo tickets) for you, our trusty Daily Crunch readers. Use promo code “DC” to claim your discount!
See you tomorrow!  — Christine and Haje
The TechCrunch Top 3
Slumdog $5-illonnaire: Landa is the latest startup to attract venture capital, in this case $33 million, to democratize real estate ownership, Mary Ann writes. Its approach enables people to invest in the real estate sector, which is known for providing generational wealth, but in a less expensive, more fractional way, and in some cases, for as little as $5 initially.
Snap, crackle and . . . fizzle: Despite the myriad of news and new revenue streams we’ve reported about Snap right here in this newsletter, Evan Spiegel said the words no tech employee wants to hear right now: “restructuring our business.” Amanda reports that this unfortunately means cutting 20% of staff.
Obstacles abroad: Amazon faces some tough competition in India, and Manish reports that has presented some challenges in the e-commerce giant’s ability to gain a more prominent foothold in the country.
Startups and VC
This week, Haje went deep with a founder who’s building digital license plates. He mused that building an easy-to-copy hardware product in an incredibly tightly regulated industry where winner-takes-all would be an utter nightmare, but when it works, it works, and it’s fascinating to see Reviver build a company, one license plate at the time.
Populus, the San Francisco–based transportation data startup, got its start as shared scooter mania took hold and cities tried to make sense of how infrastructure was being used by fleets of tiny vehicles. Now, Populus co-founder and CEO Regina Clewlow is repositioning the company to take advantage of another hot opportunity: curbs and congestion, Rebecca writes. It’s a really good read from the TechCrunch transportation desk with an undertone of “the power of great pivots.”
Raisin’ money, raisin’ hell:
Looking beyond the matrix: Ron reports on CodeSee’s latest product, which helps organizations visualize their code base.
Turning coaching into a team sport: Natasha M reports that the founder of Human Q disagrees with some of the biggest and most valuable competitors out there. Instead of one-to-one coaching, Human Q wants to make group coaching an impactful alternative. This founder wants to take on the biggest coaching startups with a group-focused approach.
Stretching the chains: Supply chain firm NFI inks a $10 million deal to deploy Boston Dynamics’ Stretch robots, reports Brian.
Fintech, that’s like fly-fishing, right?: Christine reports that Solid raised a $63 million Series B round of funding to continue providing its fintech-as-a-service offering for companies wanting to launch and scale their own fintech products. 
Like twitch3: Rita reports that Stacked raised $13 million to be the Twitch for web3 gamers.
 Crafting a XaaS customer success strategy that drives growth
Image Credits: THEPALMER (opens in a new window) / Getty Images
Giving users better service than they expected could literally save a software startup. In one study, companies that spent 10% of yearly revenue on customer success attained peak net recurring revenue.
“Companies mostly deploy two or more customer success archetypes,” according to TC+ contributors Rachel Parrinello and John Stamos. “They usually vary by customer segment, business versus technical focus and sales motion focus: adopt, renew, upsell and cross-sell.”
If you’re interested in optimizing revenue through CS, read the rest for a full overview of job design methodology, because “companies should not design their customer success roles in a vacuum.”

Crafting a XaaS customer success strategy that drives growth

(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can sign up here.)
Big Tech Inc.
Social media and privacy don’t often go hand in hand, especially when children can see a lot on the internet already. Twitter got caught up in this when it reportedly tried to monetize adult content in an effort to compete with OnlyFans. It later scrapped the program when it was found that its system couldn’t “detect child sexual abuse material and non-consensual nudity at scale,” Amanda writes. Meanwhile, California lawmakers wasted no time moving ahead to put in place statewide online privacy protections for children where there are none at the federal level, Taylor reports.
Stepping on the gas, er, EV pedal: Toyota is accelerating its investment in U.S. electric vehicles, and will park some $3.8 billion into that initiative, up from an initial $1.3 billion, Jaclyn writes.
Cashing in on NFTs: Event organizers working with Ticketmaster can now issue NFTs tied to tickets on Flow, Ivan reports.
It’s almost fall and that means another Apple event: Brian has the skinny on all the things you should know about Apple’s iPhone 14 event on September 7.
New satellite on the block: Royal Caribbean is going “all-in on satellite service,” and will outfit its fleet of ships with Starlink internet, Devin writes.

Daily Crunch: Snap lays off one-fifth of its workforce after missing revenue and growth targets