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 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 […]
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 […]
Alphabet CEO acknowledges China’s role in global AI race
Alphabet CEO Acknowledges China’s Role in Global AI Race The race for dominance in artificial intelligence (AI) is heating up as companies worldwide strive to push the boundaries of technological innovation. Among the key players in this competition are tech giants from China and the United States, who are at the forefront of driving advancements […]
Ernie Bot becomes free in Baidu’s latest AI push
Ernie Bot becomes free in Baidu’s latest AI push Chinese tech giant Baidu faces stiff competition from rivals in the growing AI sector. As the race for AI dominance heats up, companies are constantly seeking ways to outshine their competitors and offer superior products and services to users worldwide. Baidu, known for its innovative approach […]
Positron raises millions to challenge Nvidia in AI chips
Positron Raises Millions to Challenge Nvidia in AI Chips The landscape of the AI chip industry is about to witness a significant shakeup with the emergence of a new contender. Positron, a US-based startup, has recently secured a substantial amount of funding to challenge the long-standing dominance of Nvidia in the field of artificial intelligence […]
French antitrust agency looks into Microsoft’s Bing deals
French Antitrust Agency Investigates Microsoft’s Bing Deals In the ever-competitive world of technology, the search-engine market has been a battleground for companies vying for dominance. Recently, the French antitrust agency has set its sights on Microsoft’s Bing deals, suspecting potential anti-competitive practices in the search-engine market. Microsoft, known for its wide range of software products […]
JD Vance takes on Europe’s AI regulations in Paris
JD Vance Takes on Europe’s AI Regulations in Paris A pivotal moment in global AI dialogue, balancing regulation, competition, and ethical development, has recently found a new player on the field in the form of JD Vance. Known for his work in entrepreneurship and innovation, Vance has set his sights on Europe’s AI regulations, particularly […]
Nokia appoints Justin Hotard as new CEO
Nokia Appoints Justin Hotard as New CEO: A Strategic Shift Towards AI and Data Centers In a bold strategic move towards harnessing the power of Artificial Intelligence (AI) and bolstering its data center capabilities, Nokia has named Justin Hotard as its new CEO. This decision comes at a crucial time for the telecommunications giant as […]
Google parent Alphabet under pressure over AI spending and slowing cloud growth
Alphabet Faces Investor Concerns Over AI Spending as Cloud and Ad Growth Slow Alphabet, the parent company of Google, is currently navigating through turbulent waters as investor concerns mount over its substantial investments in artificial intelligence (AI) and the deceleration of growth in both cloud services and advertising revenue. The tech giant has been at […]