Everything Tech and Finance News & Guides
ByteDance, the owner of TikTok, might opt to close down the popular app instead of selling it if efforts to prevent a U.S. ban fail. The company values TikTok’s unique algorithms crucial to its operations, making a sale unlikely.
TikTok’s CEO, Shou Zi Chew, remains resolute in the face of potential U.S. government restrictions on the popular video-sharing app. Despite President Biden’s move to sign a law that could ban TikTok, Chew assures users that the company is ready to fight the legal battle ahead.
Google swiftly introduces Android Auto 11.8, signaling a shift away from prolonged beta testing. This update, released shortly after version 11.7, prioritizes performance enhancements, bug fixes, and a notable addition: support for phone icons and wallpapers on the Android Auto screen. Addressing a persistent voice command issue in WhatsApp, Google ensures a smoother user experience. Accessible via the Google Play Store or direct download, Android Auto 11.8 promises to streamline the in-car digital experience.
During the Token2049 conference in Dubai, Telegram’s founder Pavel Durov unveiled a groundbreaking vision, transforming how users engage with Toncoin (TON) and NFTs within the platform. With features like direct payments in TON for advertising services, tipping content creators, and trading stickers as NFTs, Telegram is poised to redefine social media interaction on a decentralized frontier.
Alphabet-owned Google has confirmed layoffs as part of its cost-saving measures, with affected employees offered internal roles. The move follows a trend of job cuts in the tech industry, signaling ongoing economic challenges.
Pavel Durov predicts Telegram will surpass one billion monthly users soon, citing its rapid growth akin to a “forest fire.” With 900 million already, it remains committed to neutrality amid governmental pressures. Talks of a U.S. listing circulate as its influence expands, notably in conflict zones. Durov’s journey from Russia underscores his dedication to platform independence.
Meta is temporarily suspending its close friends app, Threads, in Turkey starting April 29th. The move follows a dispute with Turkish authorities over data sharing practices between Threads and Instagram. Meta maintains compliance with local regulations but will comply with the order while appealing.
Spotify is preparing to bypass Apple’s App Store payment system for iPhone users in Europe, a move triggered by the EU’s recently implemented Digital Markets Act (DMA). Starting in March, European Spotify users will be able to purchase subscriptions and audiobooks directly within the app, bypassing the 30% commission Apple typically takes on in-app transactions. … Read more
TikTok, the popular app for short videos, recently made some changes to their team. Around 60 people, mostly from the parts that sell ads and help businesses, are no longer working there. This happened in offices in the US, like Los Angeles and New York, as well as other countries. Why did this happen? According … Read more
Remember that new law in Europe meant to stop big tech companies like Google and Apple from playing favorites with their own products? Well, it looks like Microsofts Edge and Bing might be slipping through the cracks. Here’s the deal: Europe passed this “Digital Markets Act” (DMA) to make sure everyone plays fair online. It’s … Read more