Walmart Is Coming for Facebook & Instagram Shops

Walmart’s surprise bid for TikTok coincided with Facebook unveiling the Shops feature on its main app. The big-box retailer’s experience in China, where social commerce is more advanced, gives it an edge. Walmart’s online ad business stands to benefit, too. Just days after Facebook (NASDAQ:FB) doubled down on its social commerce ambitions by launching a …

How Microsoft’s TikTok Tussle Risks a U.S. Stock Market Shock

China is beginning to pushback against the Microsoft-TikTok acquisition talks. The Chinese state media described the situation as a “smash and grab.” As geopolitical risks continue to intensify, the U.S. stock market is at risk of turbulence. Microsoft is in the process of discussing a deal with ByteTree to acquire TikTok in the U.S. But, …

Microsoft’s TikTok Buyout Alarms Critics

Analysts are against Microsoft purchasing TikTok due to data concerns. Tech researcher Alex Stamos said the argument is moot because Microsoft does not need additional user data from TikTok. Republican leader Kevin McCarthy says it is a win for the Trump administration. Many analysts are not happy with Microsoft’s planned buyout of TikTok’s U.S. business. …

Black Lives Matter Gets Backing From TikTok Users in Show of Gen-Z Solidarity

TikTok users have been rallying behind The Black Out movement since May 19, but with recent events, it’s carrying on in a show of solidarity. The social media platform has blown up over the last few months, but is it really all dance snippets and lip-syncing? Some users believe that TikTok has been censoring black …