Tech Brew Ride Home Fri. 03/08 – TikTok In Peril?
Mar 8, 2024
TikTok faces intensified legislative pressure as a potential ban looms, igniting user outrage. The rise of Temu is reshaping the digital advertising landscape, benefiting giants like Meta and Google. Internal strife at OpenAI reveals tensions surrounding leadership, particularly after Sam Altman's ousting. Meanwhile, the surge in data centers fuels a comedy renaissance, with social media revolutionizing stand-up performance. Tune in for an insightful look at the rapidly evolving tech scene.
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TikTok's Push Notification Backfires
- TikTok sent US users a push notification warning of a potential ban by Congress.
- This led to Congress being flooded with calls from angry constituents.
Imminent TikTok Divestment?
- A bipartisan House committee voted 50-0 to advance legislation forcing ByteDance to divest TikTok.
- This bill could pass quickly and be signed into law by next week.
China's Chip Fund
- China is raising over $27 billion for its largest chip fund ever to counter US curbs on its semiconductor industry.
- The fund aims to finance major projects and directly back local firms.