Rednote Fades as TikTok Doubles Downloads on Return to iPhones In the fast-paced world of social media apps, the competition is fierce and the trends are ever-changing. Recently, TikTok made a powerful comeback to Apple Inc.’s iPhone app store and Alphabet Inc.’s Google Play, and the impact was swift and significant. Downloads of the popular […]
TikTok lays off staff in trust and safety restructuring
TikTok Lays Off Staff in Trust and Safety Restructuring TikTok, the popular Chinese-owned social media platform, has recently made headlines with its decision to lay off staff as part of a restructuring of its trust and safety teams. This move comes at a time when there is growing uncertainty surrounding the future of Chinese social […]
Trump discusses TikTok sale with China
Trump Discusses TikTok Sale with China The global tech industry is abuzz with the recent developments surrounding the popular social media platform TikTok. After a prolonged legal battle and amidst growing concerns over US national security, President Trump has engaged in discussions regarding the potential sale of TikTok to a Chinese entity. The saga began […]
Two charged after pensioner loses over £100,000 in cryptocurrency fraud
Cryptocurrency Fraud: How Deceptive Schemes Are Costing Investors In the world of cryptocurrency, where digital assets and blockchain technology reign supreme, the allure of high returns often comes hand in hand with the risk of fraud. Recently, a disturbing case emerged where two individuals were charged after a pensioner lost over £100,000 in a cryptocurrency […]
Forever 21 Plans Hundreds of Store Closures in Second Bankruptcy
Forever 21 Faces Major Restructuring: Over 200 Store Closures on the Horizon The once-thriving fast-fashion retailer, Forever 21, is now navigating through stormy waters as it prepares to shut down a significant number of its stores across the United States. The company, known for its trendy and affordable clothing options, is set to close at […]
Google’s India policy head resigns amid market challenges
Google’s India Policy Head Resigns Amid Market Challenges Google, one of the world’s leading tech giants, is facing a significant setback in one of its key markets – India. The company has recently bid farewell to its top public policy executive in India for the second time in two years. This resignation comes at a […]
Exclusive: Diane von Furstenberg Inks Distribution Deal With Zalando
Exclusive: Diane von Furstenberg Inks Distribution Deal With Zalando Diane von Furstenberg, the iconic American dress brand, has made a strategic move by inking a distribution deal with Zalando. This partnership marks a significant shift for the fashion house as it transitions from traditional wholesale models to exclusive regional distribution agreements as part of its […]
TikTok Grabs Market Share From Shein Despite Looming Risks
TikTok Shop Surges Ahead, Outpacing Shein in Market Share Race In the ever-competitive landscape of e-commerce, TikTok has emerged as a formidable player, making significant strides in grabbing market share from established giants like Shein. Recent data revealed by BSM’s Joe Hung showcases TikTok’s impressive performance, with observed sales skyrocketing by a staggering 153 percent […]
Trump vows tariffs on Canada and France over digital services taxes
Trump Vows Tariffs on Canada and France Over Digital Services Taxes The ongoing saga of digital services taxes has taken a new turn as President Trump recently announced his intention to impose tariffs on Canada and France. This decision comes in response to the taxes levied by both countries, which reportedly cost US firms over […]
Meta opens Facebook Marketplace to rivals after EU antitrust fine
Meta Takes a Step Towards Fair Competition by Opening Facebook Marketplace to Rivals In a move towards fostering fair competition, Meta, the parent company of Facebook, has decided to open up its Facebook Marketplace to rivals. This decision comes in the wake of an antitrust fine imposed by the European Union on Meta, prompting the […]