After Trump’s extension of the TikTok ban, speculation abounds about potential buyers like Oracle, AppLovin, and Mr. Beast, but Apple analyst Mark Gurman asserts that Apple has no interest in acquiring or investing in TikTok due to its controversial nature. Gurman emphasizes that Apple prefers to distance itself from contentious social media and political entanglements, stating that the closest Apple will get to TikTok is allowing it on the App Store. While TikTok’s future remains uncertain, alternative platforms like Substack and RedNote are emerging to fill the potential void left by its departure.
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Shein and Temu to raise prices for US shoppers in response to tariffs
Temu and Shein Price Increase Due to Tariffs Temu and Shein plan to raise prices for U.S. customers starting April 25th, following President Donald Trump's tariffs on goods imported from China. The 145% tariff on Chinese-made products, along with the termination of a customs exemption for items valued under $800, will significantly impact pricing strategies for these retailers. This decision reflects the broader implications of trade policies on consumer costs and the strategies companies must...
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