Social media
Perplexity AI revises Tiktok merger proposal that could give the U.S. government a 50% stake
Photo illustration of TikTok app logo on a smartphone screen displayed with the American flag. Nurphoto | Nurphoto | Getty Images Perplexity AI on Sunday revised the merger proposal it had submitted to TikTok parent ByteDance. The proposal, which would create a new entity combining Perplexity and TikTok U.S., would now also allow for the […]
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White House in talks to have Oracle and U.S. investors take over TikTok, NPR reports
Photo illustration shows the TikTok logo displayed on a mobile phone screen. Sopa Images | Lightrocket | Getty Images The administration of U.S. President Donald Trump is working on a plan to save TikTok that involves tapping software company Oracle and a group of outside investors to effectively take control of the app’s global operations, […]
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Meta to begin testing ads on Threads, its micro-blogging app
Thilina Kaluthotage | Nurphoto | Getty Images Meta will begin testing ads on its Threads microblogging service with a few companies in the U.S. and Japan, the company said in a blog post Friday. The experiment marks Meta’s first run at generating revenue from Threads. Meta launched the app in July 2023 to rival X, […]
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Twilio shares pop 22% and head for biggest gain since Covid pandemic on growth forecast
Twilio CEO Khozema Shipchandler speaks at Twilio’s Signal event in Sao Paulo on Aug. 14, 2024. Courtesy: Twilio Twilio shares soared more than 20% on Friday and headed for their biggest gain since the early days of the Covid pandemic after the cloud communications software vendor issued an uplifting profit forecast for the coming years. The […]
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Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth
Meta CEO Mark Zuckerberg looks on before the luncheon on the inauguration day of U.S. President Donald Trump’s second Presidential term in Washington, U.S., Jan. 20, 2025. Evelyn Hockstein | Reuters Meta CEO Mark Zuckerberg on Friday announced the company plans to invest around $60 to $65 billion in capital expenditure in 2025 as it continues […]
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Here’s what CEOs are saying about DEI at Davos
Davos WEF Here’s what CEOs are saying about DEI at Davos Published Fri, Jan 24 20258:40 AM ESTUpdated 15 Min Ago Brandon Gomez@in/brandon-gomez/@bgomezreports WATCH LIVE Source
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‘Woke’ global left is starting to crumble, Argentina’s Milei says
President of Argentina Javier Milei speaks to lawmakers during the opening session of the Argentine Congress for the period 2024 on March 01, 2024 in Buenos Aires, Argentina. Tomas Cuesta | Getty Images News | Getty Images A “global hegemony” of left-wing politics and ideology is “starting to crumble,” Argentina’s firebrand President Javier Milei told […]
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China says it hopes to ‘properly manage differences’ with the U.S. on trade
Key Points China is emphasizing its willingness to negotiate as increased tariffs on exports to the United States may soon become a reality. China’s Ministry of Commerce has always maintained communication with “relevant” U.S. authorities on economy and trade, ministry spokesperson He Yadong said in response on Thursday. “The Chinese side hopes that under the […]
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Billionaire Frank McCourt is open to a 50% share of TikTok after Trump comments
Frank McCourt, civic entrepreneur, executive chairman of McCourt Global and founder of Project Liberty, speaks at The Wall Street Journal’s Future of Everything Festival in New York City on May 22, 2024. Andrew Kelly | Reuters Frank McCourt said his Project Liberty consortium, which has bid to buy TikTok, would be comfortable sharing ownership of […]
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Here’s why you’re suddenly following President Trump on Instagram
(L-R) Priscilla Chan, CEO of Meta and Facebook Mark Zuckerberg, and Lauren Sanchez attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on January 20, 2025. Saul Loeb | Afp | Getty Images Instagram users are complaining this week that they’re […]
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