Yandex Mimics ByteDance to Challenge YouTube in Russia
Yandex (NASDAQ: YNDX), which owns the second largest search engine in Russia after Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google, recently launched a new video feature on its Zen recommendation platform to challenge YouTube.
The feature lets bloggers publish videos up to 15 minutes long, and Zen's AI algorithm recommends them to users based on their viewing preferences. Chinese start-up ByteDance's Toutiao, which has over 120 million daily active users (DAUs), uses a similar model of AI-curated content.
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Source Fool.com