What's Hot

    These 3 Tech And Telecom Stocks With Over 3% Dividend Yields Are Recommended By Wall Street’s Most Accurate Analysts – Verizon Communications (NYSE:VZ), Nexstar Media Gr (NASDAQ:NXST)

    June 2, 2023

    Top 3 Real Estate Stocks That Could Blast Off In June – Comstock Holding Co (NASDAQ:CHCI), Elme Communities (NYSE:ELME)

    June 2, 2023

    Lululemon To Rally Around 44%? Here Are 10 Other Analyst Forecasts For Friday – Broadcom (NASDAQ:AVGO), Bilibili (NASDAQ:BILI)

    June 2, 2023
    Facebook Twitter Instagram YouTube LinkedIn TikTok Telegram
    Telegram
    InformatemiInformatemi
    Subscribe
    • Home
    • Blog
    • Contact
    InformatemiInformatemi
    Home » Blog » Banuba SDKs Will Let Companies Fill the Void After a TikTok Ban
    Press Releases

    Banuba SDKs Will Let Companies Fill the Void After a TikTok Ban

    Business WireBy Business WireMay 26, 20233 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    • Montana was the first US state to ban TikTok

    • Banuba SDKs will help companies fill the void if the bans spread

    • SDKs can be integrated quickly and cut development time

    On May 17, 2023, Montana governor Greg Gianforte signed the bill banning Chinese social media app in the state, citing concerns over data privacy. This is the first outright restriction on TikTok in the USA. The prohibition has a chance to spread, so savvy companies looking to capitalize on the new opportunities should use tools like Banuba Video Editor SDK to decrease the time-to-market.

    Banuba Video Editor SDK is a ready-made video editing suite that can be quickly integrated into a mobile app. It provides a host of TikTok-like features that would be useful for a business looking to deliver impressive short video creating experience:

    • TikTok-like video editing suite

    • Audio editing

    • Royalty-free music provider integration

    • Picture-in-picture mode (duets)

    • AR masks

    • Color filters

    • Transition effects, etc.

    Being ready to seize the freed up audience is especially important, as there are also bills in the Senate aiming to ban TikTok. The most notable is the DATA Act introduced by Foreign Affairs Committee Chairman Rep. McCaul. The second one was submitted by both Republicans and Democrats, and would let the Secretary of Commerce to “identify, deter, disrupt, prevent, prohibit, investigate, or otherwise mitigate” potential threats.

    Montana ban is currently disputed in court. But should the practice spread, the 150 million US users of TikTok will have to find a new platform with a similar experience.

    When India prohibited TikTok in 2021, many local startups seized the opportunity and managed to rapidly fill the market gap. Some of the most successful ones include Chingari, Josh, and Mitron.

    Chingari did so in part by using Banuba Video Editor SDK – a video editor like TikTok that can be quickly integrated into an app. Such tools have the potential to cut the time-to-market by up to 50%.

    Over 100 companies contacted Banuba for Video Editor SDK and AR Face Filters SDK. Some have also asked for special filters with a local feel (e.g. virtual jewelry in the style of a specific culture) in addition to the 24 effects supplied for free to every client.

    Banning TikTok will likely cause a similar “gold rush,” as the companies scramble to attract their share of users looking for the same experience as the now-forbidden app used to give. Startups researching how to build an app like TikTok could use a tool like Banuba Video Editor SDK to get an edge over their competitors.

    “Cutting down on development time and initial investment is a solid way to expand an app’s audience and mitigate the associated risks,” Marina Ilyushchits, Chief Product Marketing Officer at Banuba said.

    About Banuba

    Banuba is an augmented reality company with over 7 years on the market, pioneering face tracking and virtual background technologies. Its other products include a virtual try-on SDK for jewelry and glasses, Face AR SDK – a software development kit for various AR applications, and Video Editor SDK – a compact and feature-rich mobile kit for video editing.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20230524005473/en/



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleIs It Too Late to Buy Apple Stock?
    Next Article YouTube Bids Adieu To Stories As Focus Turns To Shorts – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)
    Business Wire

    Related Posts

    When It Comes to Indian Cuisine, One Sauce Does It All

    June 2, 2023

    Emerita Resources Corp. Announces $8,000,000 Private Placement

    June 2, 2023

    The globalization has changed. Gros-Pietro (Intesa Sp), we have to take care of the Planet

    June 2, 2023
    Top Posts

    Top 3 Real Estate Stocks That Could Blast Off In June – Comstock Holding Co (NASDAQ:CHCI), Elme Communities (NYSE:ELME)

    June 2, 2023

    Light Week Could Bring Stability to Investors

    June 2, 2023

    Why Lululemon Shares Are Trading Higher By 15%; Here Are 20 Stocks Moving Premarket – Broadcom (NASDAQ:AVGO), Ascent Solar Technologies (NASDAQ:ASTI)

    June 2, 2023

    Subscribe to Updates

    Discover hidden stock market gems and stay up to date with our weekly email newsletter and individual stock ideas

    Loading

    Gain access to our Newsletter, SMS Alerts, and Telegram Community for FREE

    Top Insights

    These 3 Tech And Telecom Stocks With Over 3% Dividend Yields Are Recommended By Wall Street’s Most Accurate Analysts – Verizon Communications (NYSE:VZ), Nexstar Media Gr (NASDAQ:NXST)

    June 2, 2023

    Top 3 Real Estate Stocks That Could Blast Off In June – Comstock Holding Co (NASDAQ:CHCI), Elme Communities (NYSE:ELME)

    June 2, 2023

    Lululemon To Rally Around 44%? Here Are 10 Other Analyst Forecasts For Friday – Broadcom (NASDAQ:AVGO), Bilibili (NASDAQ:BILI)

    June 2, 2023
    Get Informed

    Subscribe to Updates

    Discover hidden stock market gems and stay up to date with our weekly email newsletter and individual stock ideas

    Loading
    Facebook Twitter Instagram YouTube LinkedIn TikTok
    • Privacy Policy
    • Disclaimer
    • SMS Squeeze
    • Sign Up
    © 2023 Informatemi

    Type above and press Enter to search. Press Esc to cancel.