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TikTok ban: ByteDance would rather shut app down than sell, insiders say: TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell ...
scmp.com/news/world/united-states-canada/article/3260400/tiktok-ban-bytedance-would-rather-shut-app-down-sell-insiders-say
TikTok ban: ByteDance would rather shut app down than sell, insiders say
Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
  • ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.

  • TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.

  • ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.

  • After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
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Explainer: What is so special about TikTok's technology: The content recommendation algorithm that powers the online short video platform TikTok has once again ...
reut.rs/3xVKNtC
Explainer: What is so special about TikTok's technology
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
  • ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.

  • Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.

  • ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.

  • As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Profile picture of DW-TV
China's ByteDance denies plans to sell TikTok in US: Earlier reports had suggested ByteDance planned to sell the app, without its powerful algorithm ...
dw.com/en/chinas-bytedance-denies-plans-to-sell-tiktok-in-us/a-68926751
China's ByteDance denies plans to sell TikTok in US
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Earn bonus points for cycling: A free coffee as a reward for those who take the train or bike instead of the car. An app works on this principle.
spektrum.de/video/shift-bonuspunkte-fuers-fahrradfahren-verdienen/2214574
Earn bonus points for cycling
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EU ship destroys Houthi rebel drone in Red Sea fired from Yemen: The unmanned aerial device was intercepted by an EU mission ship protecting merchant shipping in ...
euronews.com/2024/04/25/eu-ship-destroys-houthi-rebel-drone-in-red-sea-fired-from-yemen
EU ship destroys Houthi rebel drone in Red Sea fired from Yemen
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‘Confined to this little island’: Britons criticise rejection of EU youth mobility deal
theguardian.com/politics/2024/apr/25/britons-hit-out-rejection-eu-youth-mobility-offer
‘Confined to this little island’: Britons criticise rejection of EU youth ...
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Tinder, Hinge release new protective features to keep users safe: Tinder and Hinge, the two largest dating apps in the world, are rolling out new protective ...
usatoday.com/story/tech/2024/04/25/share-my-date-tinder-hidden-words-new-hinge-safety-features/73456833007/
Tinder, Hinge release new protective features to keep users safe
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Saudi Arabia: Any visa holder can now perform Umrah: Pilgrims encouraged to utilise Nusuk app to obtain Umrah permit, adhere to ritual timings
gulfnews.com/world/gulf/saudi/saudi-arabia-any-visa-holder-can-now-perform-umrah-1.102327567
Saudi Arabia: Any visa holder can now perform Umrah
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TikTok will not be sold, Chinese parent ByteDance tells US: The video sharing app faces being banned in the US unless it severs ties with its China's ByteDance.
bbc.com/news/articles/c289n8m4j19o
TikTok will not be sold, Chinese parent ByteDance tells US
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Facebook parent Meta relies fully on artificial intelligence: Facebook's mother Meta makes a lot of money from advertising. In the future, particular emphasis ...
tagesschau.de/wirtschaft/facebook-meta-ausblick-100.html
Facebook parent Meta relies fully on artificial intelligence
Quick Glance: Meta Invests Heavily in Artificial Intelligence
  • Meta focuses on AI to enhance app appeal

  • The smart glasses with AI capabilities aim to attract users

  • Meta envisions AI assistants for complex tasks in communication

  • Meta aims to become a global leader in AI, despite significant investments
Profile picture of Consumer Reports
Eken Fixes Security Issues in Doorbell Cameras Sold by Amazon, Walmart, Others: Eken released firmware updates to fix security problems CR found in doorbell ...
consumerreports.org/home-garden/home-security-cameras/eken-fixes-security-issues-in-doorbell-cameras-a1005200443/
Eken Fixes Security Issues in Doorbell Cameras Sold by Amazon, Walmart ...
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Dating apps ‘worse than ever’ for your privacy, report warns - National | Globalnews.ca
trib.al/LdwtFaW
Dating apps ‘worse than ever’ for your privacy, report warns - National | ...
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TikTok Could Be Banned Next Year: 5 Alternatives to Fill the Void: The future of TikTok is a bit fuzzy. Here are similar apps to give your attention to.
cnet.com/tech/services-and-software/tiktok-could-be-banned-next-year-5-alternatives-to-fill-the-void/
TikTok Could Be Banned Next Year: 5 Alternatives to Fill the Void
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Net neutrality reinstated as FCC passes measure to regulate internet providers: The FCC on Thursday restored “net neutrality” rules that prevent broadband ...
pbs.org/newshour/politics/net-neutrality-reinstated-as-fcc-passes-measure-to-regulate-internet-providers
Net neutrality reinstated as FCC passes measure to regulate internet ...
Quick Glance: FCC Votes to Restore Net Neutrality Rules
  • The FCC voted 3-2 along political party lines to reinstate rules from 2017 to prevent internet service providers from disrupting your internet speed.

  • Restoring net neutrality has been a focus for President Joe Biden and was approved by a majority of the FCC.

  • Net neutrality protects consumers from ISP control, promotes fair rules, and safeguards against online fraud and scams.

  • The discussion on net neutrality also raises questions about service pricing and highlights the importance for internet infrastructure.
Profile picture of Kent Live
Staff at Kent school face redundancies due to rising 'costs and inflation': The Duke of York's Royal Military School said it was consulting on a ...
kentlive.news/news/kent-news/staff-dover-school-face-redundancies-9248991
Staff at Kent school face redundancies due to rising 'costs and inflation'
Quick Glance: Arrest and Three Injured in Wales School Attack
  • Police urge removal of social media footage to prevent contempt of court and distressing those affected.

  • A parent expresses concern over the injured and highlights the rarity of such incidents in Ammanford.

  • Three injured and one arrested after an incident at Ysgol Dyffryn Aman in Ammanford, South-west Wales.

  • Recap of the ongoing investigation at the school as parents anxiously wait for updates on their children's safety.
Profile picture of The Straits Times
Don’t isolate kids with autism, involve them in regular activities: Greater interaction between mainstream and special-needs students can deepen understanding.
straitstimes.com/opinion/don-t-isolate-kids-with-autism-involve-them-in-regular-activities
Don’t isolate kids with autism, involve them in regular activities
Profile picture of The Straits Times
How your expenses can hit your retirement plans: It is not enough to just look at one’s savings because everyone’s needs are different
straitstimes.com/business/invest/how-your-expenses-can-hit-your-retirement-plans
How your expenses can hit your retirement plans
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Breakingviews: TikTok’s fate matters only up to a point for Meta: The countdown clock is starting for TikTok, but Meta Platforms boss Mark Zuckerberg will only ...
reuters.com/legal/transactional/tiktoks-fate-matters-only-up-point-meta-2024-04-24/
Breakingviews: TikTok’s fate matters only up to a point for Meta
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How a second Trump presidency could tear Europe apart: The former president’s return would cement a shift in the U.S. as a fact that can no longer be ignored.
politico.eu/article/donald-trump-second-term-presidency-united-states-tear-europe-eu-apart/
How a second Trump presidency could tear Europe apart
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Windows 11 update brings advertisements to the start menu: Microsoft is embedding ads from apps listed in its store on Windows 11's Start menu with the hope it ...
tomshardware.com/software/operating-systems/windows-11-update-brings-advertisements-to-the-start-menu
Windows 11 update brings advertisements to the start menu
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No more deposit-free beverage exports: A new EU regulation will also require a deposit when exporting German cans from 2029. Many voices describe this as a ...
nordschleswiger.dk/de/themen-des-tages-nordschleswig-daenemark-politik-wirtschaft-gesellschaft-international/schluss
No more deposit-free beverage exports
Profile picture of Which?
Online banking security put to the test: Bank security put to the test: Which? tested websites and apps from HSBC, Natwest, Nationwide, Barclays and more ...
which.co.uk/news/article/online-banking-security-put-to-the-test-how-safe-is-your-banks-website-a1hW09D9pQBJ
Online banking security put to the test
Profile picture of tagesschau.de
New EU regulation aims to reduce packaging waste in households: Large packages that contain more air than product are to be banned in the EU in future ...
tagesschau.de/ausland/europa/eu-verpackung-muell-100.html
New EU regulation aims to reduce packaging waste in households
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Lies, deceit to weigh heavily on EU vote, warns parliament head: European Union voters are set to be bombarded with lies and disinformation from outside and ...
reuters.com/world/europe/lies-deceit-weigh-heavily-eu-vote-warns-parliament-head-2024-04-23/
Lies, deceit to weigh heavily on EU vote, warns parliament head
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Latvia to stop teaching Russian as foreign language in schools: Children in Latvia will no longer learn Russian as a foreign language in schools from 2026 ...
kyivindependent.com/latvia-to-stop-teaching-russian-as-foreign-language-in-schools/
Latvia to stop teaching Russian as foreign language in schools
Profile picture of Focus (Polish magazine)
A big bang in the industry: two delivery services are leaving the German market: Germany has to say goodbye to two large delivery services. You can find out ...
chip.de/news/Zwei-Lieferdienste-verabschieden-sich-von-Deutschland-Das-muessen-Kunden-jetzt-wissen_185246784.html
A big bang in the industry: two delivery services are leaving the German ...
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Why you should use your energy supplier's app: Send gas and electricity meter readings, top-up your meter and see your energy use with an app
which.co.uk/news/article/why-you-should-use-your-energy-suppliers-app-aKzIg7i6sTGj
Why you should use your energy supplier's app
Profile picture of The Straits Times
Meta profits soar but costs of AI cause worry: Its net profit in the January to March period rose to $16.9 billion.
straitstimes.com/business/companies-markets/meta-profits-soar-but-costs-of-ai-cause-worry
Meta profits soar but costs of AI cause worry
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
  • Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.

  • Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.

  • Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.

  • Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Profile picture of Foreign Affairs
Europe—but Not NATO—Should Send Troops to Ukraine: To Halt Russia’s Advance, Kyiv Needs More Boots on the Ground
foreignaffairs.com/ukraine/europe-not-nato-should-send-troops-ukraine
Europe—but Not NATO—Should Send Troops to Ukraine: To Halt Russia’s ...
Quick Glance: Refugees Flee Violence in Southeastern Myanmar
  • Thousands of people from Myanmar’s Kayin (Karen) State have fled to Thailand to escape the fighting between the junta and ethnic Karen troops.

  • The Karen National Liberation Army (KNLA) captured the last military outpost in Myawaddy, leading to retreat and reinforcement by junta forces.

  • The battles intensified, causing an influx of refugees crossing the Moei River into Thailand, with Thai authorities offering humanitarian aid.

  • Thailand is fortifying its border defenses and providing assistance to refugees as the situation remains tense along the border.
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All Powers Great and Small: Why Bigger Isn’t Always Better in Geopolitics: Why bigger isn’t always better in geopolitics.
foreignaffairs.com/reviews/all-powers-great-and-small-states
All Powers Great and Small: Why Bigger Isn’t Always Better in Geopolitics
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A view from Dover: ITV News witnesses migrants brought ashore as Rwanda Bill passes
itv.com/news/2024-04-23/a-view-from-dover-itv-news-sees-migrants-brought-ashore-as-rwanda-bill-passes
A view from Dover: ITV News witnesses migrants brought ashore as Rwanda ...
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iOS 18 Rumored to Add These 10 New Features to Your iPhone: Apple is set to unveil iOS 18 during its WWDC keynote on June 10, so the software update is a little ...
macrumors.com/2024/04/24/ios-18-ten-rumored-features/
iOS 18 Rumored to Add These 10 New Features to Your iPhone
Profile picture of Digital Trends
Tidal vs. Qobuz: Which hi-res music streaming service is for you?: In the battle between music streaming services Tidal and Qobuz, there's a clear winner ...
digitaltrends.com/home-theater/tidal-vs-qobuz/
Tidal vs. Qobuz: Which hi-res music streaming service is for you?
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US Senate passes bill to force TikTok divestment or ban: The U.S. Senate voted late Tuesday to send legislation to President Joe Biden that would require Chinese ...
reut.rs/3UvbZbd
US Senate passes bill to force TikTok divestment or ban
Quick Glance: Biden signs Comprehensive Military Aid Package for Ukraine, Israel, and Taiwan
  • President Biden announces the signing of a substantial $95 billion military assistance package for Ukraine, Israel, and Taiwan, with a significant portion of the funds directed towards Ukraine.

  • Despite initial resistance from Republicans in Congress, Biden has signed the aid package, highlighting the reinforcement of allies and ensuring prompt deliveries to Ukraine.

  • The assistance for Ukraine includes weapons and military equipment valued at around $1 billion, encompassing artillery shells and air defense missiles.

  • Military analysts do not foresee significant changes on the frontlines in eastern Ukraine, while the US support aims to aid Ukraine in operations in southern Ukraine, particularly focusing on Crimea and the Black Sea.
Profile picture of Kent Live
Man jailed after shopkeeper hospitalised in ‘extremely violent attack’: The shopkeeper was left with serious head injuries after being assaulted with a bat and ...
kentlive.news/news/kent-news/man-jailed-after-dover-shopkeeper-9240877
Man jailed after shopkeeper hospitalised in ‘extremely violent attack’
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Trump to score additional $1.2 billion windfall thanks to his Truth Social app: Trump is getting additional shares in his social media company ...
npr.org/2024/04/23/1246645808/truth-social-shares-windfall-trump-media-technology-group
Trump to score additional $1.2 billion windfall thanks to his Truth Social ...