ITBEAR

TikTok and Amazon Collaborate for In-App Shopping Experience

August 09, 2024 – TikTok has announced a collaboration with Amazon, enabling users to purchase products from Amazon without leaving the short video app. This integration promises a seamless shopping experience for TikTok users. Under this new partnership, users will encounter Amazon product recommendations within the “For You” feed. With a “one-time, secure, fast, and…

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TikTok Bolsters Content Safety with Over 40,000 Global Moderators

August 08, 2024 – On August 6th, soyacincau reported on their recent visit to TikTok’s Transparency and Accountability Center (TAC) in Singapore, shedding light on the content moderation mechanisms of the globally popular short video platform. TikTok currently employs over 40,000 moderators worldwide to ensure platform safety, managing content in over 70 languages. These moderators,…

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Intel Faces Shareholder Lawsuit After $32 Billion Market Value Evaporation

August 08, 2024 – Intel, the U.S. chipmaking giant, faced a class-action lawsuit from its shareholders on Wednesday, according to a report by Reuters. The plaintiffs accused the company of concealing significant operational issues, leading to poor performance, massive layoffs, and the suspension of dividends. Consequently, the company’s stock price evaporated more than $32 billion…

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Sony Abandons Paramount Acquisition: Strategic Misalignment and High Risks Prompt Decision

August 08, 2024 – Sony Group has officially ended its plans to acquire the film and television production giant Paramount Global, according to Hiroki Totoki, the President, Chief Operating Officer, and Chief Financial Officer of Sony Group. This announcement marks the conclusion of Sony’s potential acquisition of Paramount. Previously, there were reports that Sony, along…

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