TikTok, the social media giant, has announced a $1.5bn investment in Tokopedia, Indonesia’s largest e-commerce platform, in a bid to reopen its online shopping business in the country. The deal will merge TikTok’s popular Indonesian shop with Tokopedia, giving TikTok a 75% stake in the joint venture. The partnership, which will start with a pilot…
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5 Must Have Mobile Apps for Everyone
Mobile apps have become an essential part of our daily lives, offering us convenience, entertainment, education, and more. With millions of apps available on the Google Play Store and the Apple App Store, it can be hard to choose which ones to download and use. To help you out, I have compiled a list of…
TikTok launches text posts to compete with Twitter and Meta
TikTok has announced a new feature that allows users to post texts on the platform, as it faces increasing competition from Twitter and Meta in the social media space. The video-sharing giant said the new feature would give creators more options to share their ideas and creativity, beyond live videos, photos, Duets, and Stitches. Users…
Montana to ban TikTok from personal devices over China fears
Montana has become the first US state to pass a law that will ban the popular video-sharing app TikTok from personal devices of state employees and contractors. The law, signed by Governor Greg Gianforte on Wednesday, will take effect on 1 January. It aims to protect Montanans from “Chinese Communist Party surveillance” and potential data…
Zhang Yiming stepping down from his role as CEO ByteDance Ltd.
SINGAPORE: Zhang Yiming, founder of ByteDance Ltd., will step down from his role as chief executive officer, media reported. The owner of the popular short-video app TikTok says human resources chief Rubo Liang will become the new CEO. Zhang Yiming is a Chinese billionaire internet entrepreneur. He founded ByteDance in 2012 and developed the news…