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TikTok is reportedly planning to ban links to outside e-commerce websites such as Amazon, as it ramps up its shopping platform in the US. The move is seen as a way for the company to force people to use TikTok Shop if they want to purchase an item that they see on the app, reports 'The Information'. According to the report, TikTok Shop is on track to lose more than $500 million in the US this year. «TikTok Shop, the app's nascent shopping service, is expected to lose more than $500 million in the US this year,» said the report, citing sources. The loss reflects TikTok's heavy investment in hiring, building a delivery network and «subsidising merchants that offer double-digit-percentage discounts and free shipping,» the report added. Consumers in the US are spending around $3-$4 million a day on TikTok Shop. The company expects this figure to exceed $10 million by the end of the year. TikTok, the short video platform owned by ByteDance, launched online shopping service TikTok Shop in 2021, starting in Indonesia.

Mining giant South32 says cost increases are the new normal in the industry and that in terms of labour much more pronounced in Australia than other jurisdictions where it operates.

Mahindra Group Chairman Anand Mahindra on Thursday replied to a BBC anchor's questions on if India should really be spending money on space programme of the scale of Chandrayaan-3. The anchor had argued that a lot of Indian population lives under poverty and noted that over 700 million Indian don't have access to a toilet. The BBC anchor could be heard saying, “You know I'm going to have to ask you because some people are thinking about this.

Chandrayaan-3 landing: After successful landing of Chandrayaan-3 on south pole of moon, India has become fourth country in the world to achieve this feat after Russia, US and China. While it is a matter of pride for the entire nation, it has opened some avenue for revenue in future as well. According to experts, Chandrayaan-3 soft landing on moon is quite cheaper in comparison to other countries and it is going to enhance Indian contribution in global space market from around 3 per cent to the tune of 10 per cent in next decade.

Here's some new information about APA Group's knockout bid for Alinta’s Pilbara power assets.

With pandemic-related shipping problems in the rearview mirror, major U.S.

Lionel Messi, mounted a remarkable comeback against Cincinnati in the US Open Cup semi-final. The exhilarating match ended 3-3 after extra time, leading to a gripping penalty shootout that saw Miami emerge victorious. This victory places Inter Miami on the brink of their second trophy since Messi's arrival at the club, underscoring the transformative impact of the Argentine superstar.

Prince Harry is expected to return to the United Kingdom next month to attend a charity awards ceremony on the eve of the first anniversary of Queen Elizabeth II's death, the charity WellChild said Thursday. Harry, a long-time patron of U.K.

Reserve Bank of India's policy meeting minutes, Indian equity markets opened higher on Thursday, led by banking, financial, and IT stocks. The BSE Sensex was trading 467 points or 0.71% higher at 65,752. Nifty50 was trading at 19,567, up 132 points or 0.68% at around 9.55 a.m. Among Sensex stocks, L&T, Tech Mahindra, JSW Steel, and Infosys opened with gains, while only Jio Financial Services and NTPC opened with losses.Atul Auto shares opened over 4% higher after European firm Societe Generale bought 140,000 shares of the firm.

In the rapidly evolving landscape of cryptocurrency, Bitcoin has experienced a notable 10% decline, prompting a surge of interest and speculation. The current trading price of Bitcoin stands at $26,200, reflecting a marginal decrease. 

Also read: Chandrayaan-3 Moon Landing Successful | LIVE Updates: NASA congratulates ISRO, says ‘glad to be partner in the mission' Candidates like businessman Vivek Ramaswamy used the event to introduce themselves to a broader audience and make their case for potential positions in a future Trump administration. Trump's absence from debates had precedent, as he similarly skipped one in Iowa in 2016, allowing his closest rival at the time, Ted Cruz, to face the heat alone.

rupee registering the highest single-day gain and ended 25 paise higher at 82.69 a dollar. Disappointing economic data in the US halted the selloff in the US Treasuries, while the yields dropped, boosting risk appetite.

Vivek Ramaswamy, a 38-year-old technology entrepreneur, emerged as an unexpected presence at the Republican National Committee Debate in Milwaukee. He positioned himself alongside established figures like former Vice President Mike Pence and Florida Governor Ron DeSantis. Ramaswamy's sudden rise in recent polls led to his prominent position on the stage, seated next to Governor DeSantis.

Binance.US, now a crypto-only platform for two months, has partnered with crypto payments company MoonPay to allow users to buy and sell crypto using the US dollar-pegged stablecoin Tether (USDT).

Crypto advocacy group Coin Center has criticized the latest indictment of two former Tornado Cash developers, arguing that the facts offered don't show any clear violations of money-transmitting-related offenses.

Joe Biden slammed Republican candidate Vivek Ramaswamy for calling climate change a hoax. “I’m the only candidate on stage who isn’t bought and paid for, so I can say this," Ramaswamy said, though he caught some shade. “climate change is a hoax … The reality is more people are dying of bad climate change policies than they are of actual climate change." Ramaswamy’s remarks were booed by the crowd and criticised by several leaders including the US president.

Day trading guide for today: Despite mixed global cues ahead of US Fed chief Jerome Powell's speech at Jackson Hole meeting, Indian stock market finished higher on third day in a row. NSE Nifty added 47 points and closed at 19,444 levels, BSE Sensex ended 213 points higher at 65,433 mark whereas Bank Nifty index finished 485 points northward at 44,479 levels.

Also read: Chandrayaan-3 Moon Landing Successful | LIVE Updates: NASA congratulates ISRO, says ‘glad to be partner in the mission' The world has responded to this development with a mix of speculation and commentary: President Joe Biden expressed a cautious response to the news, stating that he wasn't surprised with the news. Biden said, “I don’t know for a fact what happened, but I’m not surprised." He added, “There’s not much that happens in Russia that Putin’s not behind.

Also read: Chandrayaan-3 Moon Landing Successful | LIVE Updates: NASA congratulates ISRO, says ‘glad to be partner in the mission' One significant aspect drawing the attention of scientists is the presence of 36 mutations that differentiate the BA.2.86 lineage from the currently dominant XBB.1.5 variant. However, the CDC emphasises that comprehensive laboratory testing of antibodies is challenging at this stage due to limited access to virus samples.

Atlanta on charges related to efforts to overturn then-President Trump's loss in the 2020 presidential election in Georgia. The former New York mayor, was indicted last week along with Trump and 17 others. Fulton County District Attorney Fani Willis said they participated in a wide-ranging conspiracy to subvert the will of the voters after the Republican president lost to Democrat Joe Biden in November 2020.

Carlyle Group and its life sciences arm Abingworth are doubling down on their investment in Australian biotech Opthea in an ongoing bid to get the company’s lead therapeutic candidate OPT-302 to market, Street Talk understands.