Target, Walmart Executives to Meet Trump as Tariff Angst Spreads Business executives from major retail giants such as Walmart, Target, Home Depot, and Lowe’s are gearing up for a crucial meeting with President Trump at the White House on Monday. The focus of the discussion? Seeking relief from the impact of sweeping tariffs that have […]
Temu and Shein to raise US prices due to new tariffs
Temu and Shein Forced to Increase Prices as US Imposes Up to 145% Tariffs The landscape of retail is undergoing significant shifts as low-cost giants like Temu and Shein are compelled to rethink their pricing strategies in response to the revised US trade rules. The imposition of tariffs reaching up to 145% has sent shockwaves […]
What’s Behind the Art Market Malaise?
What’s Behind the Art Market Malaise? The art market, known for its resilience and ability to withstand economic downturns, is currently experiencing a period of uncertainty and malaise. The fine art sector, in particular, is facing existential challenges that go far beyond the current market turbulence. According to Marc Spiegler, the Global Director of Art […]
South Korea plans massive humanoid robot push to counter China challenge
South Korea’s Bold Move: Massive Humanoid Robot Push to Counter China Challenge The AI revolution has gathered steam in South Korea as the country’s top robotic companies have set their sights on creating a new wave of humanoid robots. With China posing a formidable challenge in the robotics industry, South Korea is gearing up to […]
Ticketmaster under fire for misleading Oasis ticket sales
Ticketmaster Faces Backlash Over Alleged Misleading Oasis Ticket Sales Ticketmaster, a renowned ticket sales and distribution company, has recently come under fire for its alleged misleading practices regarding Oasis concert ticket sales. The Competition and Markets Authority (CMA) has urged Ticketmaster to enhance transparency for buyers, following complaints of deceptive tactics in the ticket-selling process. […]
Trump Says Four Bidders in Play for TikTok Deal ‘Soon’
Four Bidders in Play for TikTok Deal ‘Soon’ As the deadline looms for ByteDance Ltd.’s TikTok to secure a deal for its US operations by April 5, the latest development indicates that there are four potential bidders actively involved in the process. The urgency to finalize an agreement comes as a result of a bipartisan […]
Rednote Fades as TikTok Doubles Downloads on Return to iPhones
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 […]
TikTok users report censorship concerns after US ban lifted
TikTok Users Express Concerns Over Censorship Despite US Ban Lifted TikTok, the wildly popular social media platform known for its short-form videos, has been facing scrutiny over censorship concerns even after the US ban was lifted. Content creators on the platform have reported increased moderation and flagged posts, raising questions about the freedom of expression […]
Hashtag issues add to Meta’s chaotic transition week during US presidency handover
Hashtag Issues Add to Meta’s Chaotic Transition Week During US Presidency Handover Meta, formerly known as Facebook, faced yet another setback during the transition of the US presidency as its AI failed to recognize Donald Trump as the president days after his inauguration. This blunder not only added to the chaos surrounding Meta’s rebranding but […]