tiktok

Music: Short-video leader TikTok now plans own music streaming service

After dominating the short-video format market and giving jitters to Meta (formerly Facebook), TikTok parent company ByteDance is now eyeing the music streaming market with launching 'TikTok Music' and threatening the global players like Spotify, Apple Must and the rest. Jul 30, 2022
e-commerce

E-commerce platform Shopify lays off 1,000 employees

E-commerce platform Shopify on Tuesday announced to cut 10 per cent of its workforce -- around 1,000 employees across verticals -- as it failed to predict that the e-commerce industry would continue to grow beyond the pandemic at the same pace it did during the two-year period. Jul 27, 2022