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 returns to US app stores after ban delay
TikTok Returns to US App Stores After Ban Delay The future of TikTok in the United States has been hanging in the balance for months, with the Trump administration seeking to ban the popular social media app over national security concerns. However, recent developments have indicated a potential shift in this narrative, as TikTok has […]
Jerome Powell confirms US will not issue CBDC under his leadership
Jerome Powell Confirms US Will Not Issue CBDC Under His Leadership In a recent announcement, Jerome Powell, the Chairman of the Federal Reserve, has made it clear that the United States will not be issuing a Central Bank Digital Currency (CBDC) during his tenure. This decision comes as a confirmation of Powell’s stance on the […]
ByteDance faces pressure as US weighs TikTok’s future
ByteDance Faces Pressure as US Weighs TikTok’s Future The ongoing saga of TikTok’s uncertain future in the United States continues to unfold, with the popular video-sharing app facing increased pressure from the government. As the Trump administration deliberates over the fate of TikTok due to national security concerns, ByteDance, the Chinese parent company of the […]
UK gambling websites breach data protection laws
UK Gambling Websites Under Fire for Breaching Data Protection Laws In a shocking turn of events, UK gambling websites have come under scrutiny for allegedly breaching data protection laws. Accusations have surfaced regarding illegal data sharing with Meta, the parent company of social media giant Facebook, raising significant privacy concerns among users and regulatory authorities. […]
Billion-dollar AI investment agreed between France and UAE
Billion-dollar AI Investment Agreed Between France and UAE In a groundbreaking move aimed at fostering innovation, talent development, and cloud sovereignty, France and the United Arab Emirates have forged a strategic partnership in the field of Artificial Intelligence (AI). This billion-dollar investment is set to not only strengthen the ties between the two nations but […]
EU supports OpenEuroLLM for open-source AI innovation
EU Supports OpenEuroLLM for Open-Source AI Innovation The European Union has taken a significant step towards fostering open-source artificial intelligence (AI) innovation by supporting the OpenEuroLLM project. This initiative aims to enhance multilingual AI accessibility, making it easier for people from different linguistic backgrounds to benefit from AI technologies. This support from the EU underscores […]
Authorities in Taiwan block DeepSeek AI over data and censorship risks
Authorities in Taiwan Take Action Against DeepSeek AI Amid Data and Censorship Concerns In a bold move that has sent shockwaves through the tech industry, authorities in Taiwan have taken decisive action against DeepSeek AI due to fears of potential data breaches and censorship risks. The government’s concerns stem from the belief that the advanced […]
Shein Makes Low-Key Return to India With Ambani After 2020 Ban
Shein Makes Low-Key Return to India With Ambani After 2020 Ban The global retailer Shein has stealthily made its way back into the Indian market, marking a significant comeback after facing a ban in 2020. This time around, the popular fashion brand has re-entered India through a strategic partnership with Reliance Industries, headed by the […]
DeepSeek AI gains popularity in China
DeepSeek AI: Revolutionizing Search Technology in China DeepSeek AI, a cutting-edge search app, is taking China by storm, sparking national pride and curiosity in the country. With its innovative technology and user-friendly interface, DeepSeek AI is revolutionizing the way people search for information online. One of the key factors contributing to DeepSeek AI’s popularity in […]