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Insiders say ByteDance exerting increasing influence over platform despite US pressure over ownership
...Such pledges have been made in other industries such as technology, with software groups offering not to enforce their rights to help facilitate the development of open source platforms....
...In addition, it has succeeded in keeping merchants on its platform even as their businesses grew....
...The fact is, we have invested billions of dollars to keep US data safe and our platform free from outside influence and manipulation,” TikTok said....
...Financial data company S&P Global is nearing a deal to buy research platform Visible Alpha for more than $500mn from a consortium of investment banks including Goldman Sachs, Jefferies and UBS, according...
...Crypto trading platform Coinbase blamed traffic that was 10 times normal for disruptions to some users, including displays of a zero balance in their accounts....
...Myles Milston, chief executive of private markets platform Globacap, is planning to set up an exchange under the new private share trading system, which was announced in the March budget....
...The profiles are probably linked to far-right movements, which have found fertile ground on X and other social media platforms, including Telegram....
...Mentioned in this podcast: Volodymyr Zelenskyy dismisses Ukraine’s ‘iron general’ Visual analysis: Gaza’s last refuge becomes Israel’s next target Disney, Fox and Warner sports streaming platform foreshadows...
...The investment platform said revenues increased 5 per cent year on year to £368mn for the six months ending December 31....
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenues
...Technology-related businesses represent nearly a third of the 2024 list, and our top-ranked company this year is Zypp Electric, an Indian electric-vehicle platform....
...Trump Media & Technology Group, the company behind his Truth Social platform, rose as high as $79.38 a share from the previous day’s price of $49.95, before closing up 16 per cent at $57.99....
...The trio will provide their live sports content via one streaming platform. Sports-as-a-package is already widely available. It is the backbone of traditional linear pay TV....
...The social media platform was targeting between $31 and $34 per share, according to two people familiar with the situation, which would give it an equity value of about $6bn-$6.5bn on a fully diluted basis...
...Resale is an add-on that most rental platforms now include and is attracting luxury brands into the space, consolidating its appeal....
...Reddit has earmarked almost 2mn shares to be bought by users and moderators who joined the platform prior to January 1....
...Investment platform clients have been pulling money from shares and funds in order to benefit from higher savings rates on cash....
...As I write in my column this week, Rishi Sunak’s strategy is to go into the next election with a platform that is in every major aspect further from the median voter than Boris Johnson: Boris Johnson’s...
...Carta “is now doing cold outreach to our angel investors about selling Linear shares to their buyers”, wrote Saarinen in a post on social media platform X on Friday. Read more about Carta here....
...It’s my theory explaining how the internet was colonised by platforms, why all those platforms are degrading so quickly and thoroughly, why it matters and what we can do about it....
...In the past 15 months, as the platform has become increasingly rowdy, advertisers have pulled away, edging the company close to bankruptcy....
...Henry Ward, the company’s chief executive, said the failure of the trading platform was “my greatest failure and disappointment” in a blog post announcing the decision on Monday night....
...States have a role in preventing digital platforms getting too big and powerful....
...Meta’s earnings release showed revenues at the company — whose platforms include Facebook, Instagram and WhatsApp — had risen 27 per cent to $36.5bn in the first three months of 2024, just above analysts...
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