TikTok Financial News

Mint.The company trimmed or sold stakes in Indian portfolio companies including PB Fintech and Dream11 in recent years, amid India’s stringent foreign direct investment (FDI) rules.The Union cabinet on Tuesday relaxed restrictions under the Press Note-3 (PN-3), which mandated pre-approval for investments from countries that share a land border with India. According to an official statement, such investments will now be allowed through the automatic route up to 10% in a local firm, on the condition that the foreign investor must not exercise management control or hold a board seat.

Subscribe to enjoy similar stories.Americans are increasingly turning to TikTok Shop to buy shampoo, jewelry and apparel. Retailers have noticed, pushing onto the platform with their own virtual stores.Ralph Lauren and Olaplex Holdings moved onto the platform late last year, while Ulta Beauty launched its store in March.

Subscribe to enjoy similar stories.The creator economy is earning a rising share of consumers’ attention, but its growth is making the terrain more complicated both for brands and for creators seeking sponsors.While some major marketers say they’re moving spending from television and digital advertising to social-media creators, the money is lagging behind both consumer trends and the population boom among creators themselves. That’s spreading budgets thin, discouraging potentially more effective long-term partnerships and leaving many out in the cold, creators say.“Every creator wants to work with the brands,” said Sam Beres, who goes by Sambucha to his millions of followers on YouTube and TikTok.

₹25,000 a month. More established creators are receiving 6-7 brand campaigns regularly, translating into upwards of ₹50,000 in monthly earnings,” he added.Some creators chose to ditch short-form content and started creating long-form YouTube videos to skip the cut-throat competition.

Subscribe to enjoy similar stories. Nadya Okamoto is getting married this summer and wasn’t sure if she could write off the cost of a professional photographer. The 28-year-old earns most of her income posting about her life on TikTok, YouTube and Instagram, and plans to post photos of the ceremony online.

Subscribe to enjoy similar stories. SINGAPORE—The company behind TikTok has developed an artificial-intelligence model that can turn a single text prompt into a high-quality video with a story line, scene changes and distinctive characters. The new AI video-creation model from Beijing-based ByteDance is generating buzz in China and a backlash in Hollywood over copyright issues.

Subscribe to enjoy similar stories. PARIS—French authorities raided the Paris office of Elon Musk’s X and summoned the billionaire for a “voluntary interview," a major escalation of European regulators’ battles with the social-media platform. Cybercrime prosecutors said Tuesday that they were searching X’s office as part of a sprawling investigation first opened early last year.

Subscribe to enjoy similar stories. Americans have a knack for turning the price of food into national theatre. In 1916 housewives boycotted “egg speculators" for daring to charge 36.5 cents a dozen.

Subscribe to enjoy similar stories. The Pentagon stuck a conciliatory tone toward Beijing in its new defense strategy, stating that its overarching goal is to establish “strategic stability" in the Indo-Pacific region and de–escalate tensions with the Chinese military.

Subscribe to enjoy similar stories. IT WAS MORE grand bazaar than grand bargain. After months of haggling, bluffing and fist-shaking, America and China appear to have a trade deal.

There’s been a curious phenomenon on my social media feeds over the last few weeks: The internet has suddenly discovered Indian women, and decided that we are... ‘hot.’The so-called rise of the Indian ‘baddie’ (Gen-Z slang for a woman who is attractive and stylish) has been fuelled by widely shared clips on TikTok and Instagram of young South Asian women dancing and singing along at pop star Tyla’s recent concert in Mumbai.

First, define what you want to use AI for. Miller calls this process the writing of your “Personal AI Constitution,” which sounds like consultancy jargon but contains a tangible step: changing how ChatGPT talks to you.She recommends entering the settings of a chatbot and altering the system prompt to reshape future interactions.

In a post shared on Truth Social and later reposted on X, Trump stated that “tremendous progress” has been made in negotiations but that more approvals are required before finalizing the agreement. “The deal requires more work to ensure all necessary approvals are signed, which is why I am signing an Executive Order to keep TikTok up and running for an additional 75 days,” Trump said.

toddler had done after she briefly stored some laundry items. A Lincoln resident named Natasha Emeny from the United Kingdom recorded the distressing event, which afterward became viral across TikTok. Her 1-year-old child, Koah, uncovered the ashes of her late grandfather while she was performing laundry duties, which sent her into a state of absolute shock.

OnlyFans, has partnered with a cryptocurrency foundation to submit a late-stage plan to acquire short video app TikTok from Chinese owner ByteDance, the two said on Wednesday. The intent to bid was sent this week to the White House by Zoop, billionaire Stokely's new company, and the Hbar Foundation, which manages the Hedera cryptocurrency network's treasury. While OnlyFans is known mainly for pornography, Zoop is mainstream and family-friendly, and gives back the majority of its revenue to those who post on the site, rewarding them for driving up user engagement.

Amazon.com has put in a last-minute offer to buy short-form video app TikTok, New York Times reported on Wednesday, citing sources familiar with the matter. Trump is slated to meet with top White House officials Wednesday to discuss TikTok's fate. People familiar with the talks have outlined a potential deal that could involve bringing on a number of new U.S. investors, including Oracle, the technology giant, and Blackstone, the private equity firm, while sidestepping a formal sale. But it isn't clear that such a structure would satisfy the conditions of the federal law, as per the report. Amazon has some existing ties to TikTok. TikTok video app, which counts 170 million users in the United States, has become a major hub of retail shopping, with influencers recommending products to viewers. While the company has its own e-commerce operation known as TikTok Shop, many influencers encourage people to buy products on Amazon, which gives the influencers a cut of the transactions. It has also provided some technical infrastructure, NYT News Service reported. Amazon had previously tried to make a TikTok clone of sorts, called Inspire, inside its own app. Internally, it was a high-profile initiative, but was widely seen as unsuccessful at attracting shoppers. The company removed it from the app this year, as per the report. Amazon isn't the first retailer to express interest in the app. In 2020, when TikTok was first pressured to sell to U.S. owners, Microsoft and Walmart made a bid for the company.

Monalisa, was taken into custody in Ghaziabad on March 30, 2024. He was later brought to Nabi Karim Police Station in Delhi for further legal proceedings.

This has put millions of American users and potential purchasers on tenterhooks as they wait for further news.

Subscribe to enjoy similar stories. Prepare for an everything, everywhere onslaught of trade developments this week as the Trump administration unveils its much talked about tariffs. Investors and companies hoping for clarity are likely to be disappointed: There may just be another spate of trade war scenarios to game out.

Gymshark has reportedly settled a lawsuit with a US influencer who had alleged that the company terminated a sponsorship deal with her after her pro-Israel views attracted a backlash on social media. The lawsuit was filed in the British High Court by Alix Earle, who has 7 million followers on TikTok. She also has more than 4 million Instagram followers.

Trump is doing all he can to save TikTok, the hugely popular video-sharing app owned by Chinese Internet company ByteDance. It's unusual because not long ago Trump had wanted to ban it. In a desperate bid to make TikTok American, he said on Wednesday he would be willing to reduce tariffs on China if it allows ByteDance to sell the app to an American buyer. However, AFP has reported that China has rebuffed Trump's offer, with its foreign ministry saying that it has «repeatedly stated our position» on TikTok. «The Chinese side's stance against imposing additional tariffs is also consistent and clear,» foreign ministry spokesman Guo Jiakun said. A US law during the Biden administration ordered TikTok to divest from its Chinese owner ByteDance or be banned in the US, enacted over concerns that Beijing could exploit the video-sharing platform to spy on Americans or covertly influence US public opinion. The law took effect on January 19, a day before Trump's inauguration. TikTok temporarily shut down in the US and disappeared from app stores as the deadline for the law approached, to the dismay of millions of users. Trump suspended its implementation for two-and-a-half months after beginning his second term on January 20, seeking a solution with Beijing. TikTok subsequently restored service in the US and returned to the Apple and Google app stores in February. Trump's reprieve to TikTok is set to expire on April 5. Why did Trump change his stance on TikTok from wanting to ban it to going all-out to save it? Why Trump wants to save TikTok