Morning Brew Daily TikTok Wants to Be Amazon & Elon Denied $56 Billion Pay Package
Jan 31, 2024
TikTok is diving into e-commerce, aiming to become a shopping hotspot, sparking debates on user experience. Meanwhile, a judge blocks Elon's massive $56 billion payout, raising eyebrows about corporate governance. GM is confusing fans with its hybrid plans as layoffs ripple through tech companies like PayPal and UPS. Tom Brady merges his fitness brand with NOBULL and preps for a broadcasting role at Fox. Plus, California proposes a bold bill to limit car speeds for safer roads.
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Olive Oil Coffee
- Neal and Toby tried Starbucks' new olive oil coffee, Oleato.
- They found it tasted like a normal oat milk latte but with added bowel-moving properties.
TikTok's E-Commerce Push
- TikTok is expanding its e-commerce efforts with automatic product identification and dedicated studios for influencers.
- This strategy mirrors the successful live shopping model of its Chinese counterpart, Douyin.
Musk's Pay Package Rejected
- A judge rejected Elon Musk's $56 billion Tesla pay package, deeming the approval process flawed.
- The ruling questions Tesla's corporate governance and Musk's commitment amid other ventures.