December 11, 2017 | Israeli video platform startup Wibbitz has signed a cooperation agreement with TMZ, the US celebrity news, gossip and entertainment site, the Israeli company announced this week. Wibbitz’s platform automatically converts text articles into short videos geared toward social media and the company says it works with over 500 publishers including Reuters, Forbes, Time Inc and Bloomberg. Wibbitz CEO Zohar Dayan says the technology is based on artificial intelligence, which connects to the publishers’ databases and “scans the articles to summarize the most interesting content,” according to a press statement. Wibbitz, founded in 2011 by Yotam Cohen and Zohar Dayan, has locations in Tel Aviv, New York, and Paris. TMZ is a celebrity news site that debuted in 2005, and has a readership of over 70 million unique visitors per month, according to a study by digital market intelligence and website traffic analytics company SimilarWeb.
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