social commerce

Report: ByteDance to Shut Down TikTok If Legal Efforts Fail

Report: ByteDance to Shut Down TikTok If Legal Efforts Fail
Report: ByteDance to Shut Down TikTok If Legal Efforts Fail
April 25, 2024  |  Social Commerce

TikTok owner ByteDance would reportedly rather shut down the social media platform than sell it. That’s what the firm plans to do if it is unsuccessful in its...

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TikTok Suspends Rewards Program Amid EU Pressure
TikTok Suspends Rewards Program Amid EU Pressure
April 24, 2024  |  Social Commerce

TikTok has suspended a rewards program on TikTok Lite amid a dispute with European Union (EU) regulators. “TikTok always seeks to engage constructively with the EU Commission and...

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TikTok Ban Becomes Law as Social Commerce Takes Off
TikTok Ban Becomes Law as Social Commerce Takes Off
April 24, 2024  |  Legal & Regulation

President Joe Biden has signed a law banning TikTok unless it’s sold within a year. As NPR noted in its report Wednesday (April 24), the law is the largest threat...

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Discover Global Network Looks to Customer Shifts to Define Innovation
Discover Global Network Looks to Customer Shifts to Define Innovation
April 24, 2024  |  Payment Methods

Technological transformation is at the heart of both modern commerce and payments innovation. With technology as the driving force, consumers are demanding more than transactions...

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Real-Time Market Value Unlocks New Avenues for Creator Financing
Real-Time Market Value Unlocks New Avenues for Creator Financing
April 23, 2024  |  Social Commerce

Access to financial resources is undeniably critical for business success. Without it, the road ahead can be fraught with challenges, potentially leading to the demise...

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Express Files for Bankruptcy as Gen Z Shoppers Redefine Fast Fashion
Express Files for Bankruptcy as Gen Z Shoppers Redefine Fast Fashion
April 22, 2024  |  Retail

With young consumers’ fashion habits rapidly evolving alongside quickly changing social media trends, Express has not been able to keep up. The fast-fashion company, which...

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TikTok: Ban Will Hurt 7 Million US Businesses
TikTok: Ban Will Hurt 7 Million US Businesses
April 21, 2024  |  Social Commerce

TikTok says a ban on its platform in the U.S. hurts free speech and American businesses. The social media platform made this argument Sunday (April 21),...

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Billion-Dollar Buddies? Forecasting A Boom in the AI Companion Industry
Billion-Dollar Buddies? Forecasting A Boom in the AI Companion Industry
April 19, 2024  |  Artificial Intelligence

The industry of companion apps and robots powered by artificial intelligence (AI) is rapidly expanding. Greg Isenberg, formerly of WeWork’s startup hub, recently speculated on...

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