Elon Musk dismisses the possibility of obtaining Tiktok
Elon Musk said he did not intend to step in as Tiktok's savior in the United States, but rather rumored that he might be interested in getting a popular social media platform. According to business insiders, Musk articulated his position in a virtual appearance at a German business conference hosted by business insider parent Axel Springer. "I didn't actually bid on tiktok, and if I had Tiktok, I didn't have any plans," Musk stressed. Also Read: The Economic Impact of Tiktok Ban in the United States The conversation around Tiktok ownership is amid growing pressure on the app's Chinese owner Bondedance, evacuating from Tiktok. A law enacted last year was a divestment enforced by former President Joe Biden, due to concerns over the national security risks posed by the app's Chinese ownership. Earlier this year, the Supreme Court upheld the legislation, and former President Donald Trump further strengthened the timeline by signing an executive order requiring buyers to be found…
W Hotels launches first-ever “Hotel Stories” brand campaign
Listen to audio "Hotel Stories" establishes W Hotels as a dynamic space for self-expression as stars tell the stories of their stays. W Hotels, part of the Marriott Bonvoy family of more than 30 brands, announced the launch of a new non-traditional brand campaign, Hotel Stories. Each story is shot in an editorial documentary style, written by Pat Regan, creator of the Emmy Award-winning series Hacks, and features iconic female stars, including Chloë Sevigny, Miranda Makaroff and Ziwe, among others, tell the story of one of them - telling the story of an unexpected experience they had while staying at a W Hotel. George Fleck, senior vice president and global brand head of W Hotels, explains the philosophy behind the new collection. “At W Hotels, we view our spaces as dynamic canvases where self-expression takes center stage and authentic stories unfold,” he said. From its inception, W Hotels has positioned itself as a distinctive brand. Hotel Legend embodies this value…
The economic impact of the U.S. ban on TikTok
The impending U.S. ban on TikTok could cost the U.S. economy billions of dollars and disrupt a vital platform for millions of U.S. businesses and social media entrepreneurs. According to a report from Yahoo Finance, the app's disappearance won't have a major impact on the overall U.S. economy, but could hurt the booming sub-economy built around it. Also read: China considers selling TikTok's US operations to Elon Musk Data from the IndexBox platform shows that TikTok has approximately 170 million U.S. users, its influence spans various industries, and will contribute more than $24 billion to the U.S. economy by 2023. Although TikTok reportedly generates more than $20 billion in annual revenue, this figure remains difficult to verify. The app's impact is evident in individual cases, such as Ella Livingston's Cocoa Asante in Chattanooga, Tenn., which risks losing $25,000 in monthly sales and potentially forcing part-time workers to be laid off. In addition, TikTok's digital store's gross merchandise value in the…
China considers selling TikTok U.S. operations to Elon
Chinese authorities are reportedly considering selling TikTok's U.S. operations to Elon Musk, a major development. For more details, the original report can be accessed here. According to Bloomberg, the move is a strategic response if the popular social media app faces a potential ban in the United States. The expected deal could significantly reshape the competitive dynamics of the social media landscape. Data from the IndexBox platform, which reaches millions of users every day, underscores the growing economic impact of TikTok in the United States. Speculation about a sale to a high-profile entrepreneur like Elon Musk underscores the platform's global importance and ongoing geopolitical tensions affecting technology companies. Source: IndexBox Market Intelligence Platform
As TikTok ban looms, five brands finding success
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Viral TikTok video shows Porsche 911 collection burned, but
The original poster claimed the fire was on the East Coast, but some have questioned its authenticity A video of a fire-damaged Porsche 930 Turbo and 911 Targa has become a hot topic on TikTok. Some have questioned whether the footage of the destroyed Porsche is real or artificially generated. The incident was wrongly attributed to the Los Angeles wildfires, but that claim has been debunked. We all have a soft spot for classic Porsches, as evidenced by their skyrocketing values over the years. But now, a viral TikTok video is sparking curiosity and controversy, leaving the internet debating whether it's a real video or an AI-generated fever dream. Welcome to 2025, where the lines between reality and technology seem increasingly blurred. The original video, posted on TikTok by user @braden__._, quickly racked up nearly 1 million views in less than 24 hours before being deleted. It also racked up 124,000 likes during its brief stay online, proving that nothing…
New York City drivers turn to TikTok to share illegal dodging tips
When it comes to dodging the new congestion charge, erring drivers have come up with some imaginative but still illegal ways go through Sam D. Smith 8 hours ago New York City implements congestion pricing, which imposes a daily toll on drivers entering peak traffic areas. Official estimates put annual revenue at $500 million, but tax evasion and ghost cars may reduce revenue. Social media users share tips and tricks for avoiding fees using shortcuts and hidden equipment. New York City recently became the first city in the United States to impose a congestion toll on drivers entering its busiest areas, with the Metropolitan Transportation Authority (MTA) charging most drivers a $15 toll. However, things haven't gone as smoothly as authorities had hoped, and some drivers have come up with creative (and illegal) ways to dodge the toll. In fact, some people, eager to help others avoid paying their fair share of the congestion charge, have used social media to…
U.S. spending on TikTok store surges during holidays
NEW YORK (Reuters) - U.S. TikTok users are turning to TikTok Shop during the holidays this year, significantly increasing spending on the platform. According to Reuters analysis, TikTok Shop has successfully captured a larger share of the e-commerce market since its launch in the United States in September 2023. Also Read: Artificial Intelligence: The driving force behind logistics for the 2024 holiday season TikTok Shop's meteoric success was reflected in sales reaching $100 million on Black Friday, a major shopping day when U.S. consumers eagerly seek online deals. Despite looming regulatory challenges, such as a potential U.S. ban on its parent company ByteDance, TikTok Shop remains a strong sales channel for brands like Elf Cosmetics and Ninja Kitchen. U.S. merchants and influencers take advantage of the “LIVE” feature, which allows customers to purchase items directly during live video conferences. The number of such live sessions has reportedly tripled over the past year, capitalizing on TikTok's 170 million U.S. users and…
Cybertruck wheels snap like tree branches in bizarre TikTok
Two videos on TikTok show a Cybertruck with damage to its left wheel, likely after an impact. This led some to question its integrity, with the person who uploaded the clip suggesting a recall was appropriate. Few cars divide opinion quite like the Tesla Cybertruck. Its polarizing design isn't even controversial—some people love its sci-fi aesthetic, while others can't stand its unpolished appearance, comparing it to lifelike children's drawings. No matter which side you're on, there's no denying that it paved the way for other electric pickup trucks. However, it's also proven to be fraught with issues, with a recent video shared to TikTok seemingly suggesting the wheels may be more fragile than expected. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("0f7e3106 -c4d6-4db4-8135-c508879a76f8"); } else { adpushup.triggerAd("82503191-e1d1-435a-874f-9c78a2a54a2f"); Earlier this year, Tesla had to fix the standard aerodynamic covers on the Cybertruck wheels after reports that they were chewing on tire sidewalls. However, this…
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