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 […]
India probes Uber and Ola over iPhone pricing
India Investigates Uber and Ola for Allegedly Overcharging iPhone Users The Government of India has recently launched an investigation into popular ride-hailing services Uber and Ola over allegations of charging higher prices to iPhone users. This probe comes as a response to complaints from consumers who claim that they have been subject to discriminatory pricing […]
Survey links TikTok news consumption to scepticism on major global issues
TikTok’s Influence on News Consumption: A Closer Look at the Impact on Global Perspectives In a recent survey conducted in Germany, an intriguing correlation has been uncovered between TikTok usage and levels of skepticism towards major global issues. The findings reveal that TikTok users in Germany tend to be less trusting of traditional narratives, leading […]
Samsung and LG consider US manufacturing shift, report says
Samsung and LG Considering US Manufacturing Shift Amid Tariff Concerns In the ever-changing landscape of global trade, major players like Samsung and LG are constantly seeking ways to adapt and thrive. Recent reports have indicated that both tech giants are considering a significant shift in their manufacturing strategies, with a potential move towards increasing production […]
US TikTok Ban Could Echo India Chaos as Users Seek Options
US TikTok Ban Could Echo India Chaos as Users Seek Options The recent talks about a potential ban on TikTok in the United States have sent shockwaves through the creator community, with many scrambling to come up with contingency plans to safeguard their digital presence. If the ban were to materialize, it could echo the […]
Court Ruling Strengthens DOJ Case Against Algorithmic Collusion
In a significant legal development, a recent court ruling has bolstered the U.S. Department of Justice’s (DOJ) case against collaborative pricing practices in the technology sector, particularly focusing on allegations of algorithmic collusion. The case revolves around Yardi Systems, a dominant player in the real estate software market, which the DOJ accuses of illegally conspiring […]