TikTok's move to enter mobile e-commerce in the US is supported by the success of similar platforms in China, where live mobile shopping is popular. Despite past failures of other companies attempting to introduce mobile shopping in the US, TikTok's strategy may be successful given Americans' historical interest in platforms like QVC. While traditional e-commerce on Instagram failed, influencer marketing and product promotion by big entrepreneurs have been successful, indicating a potential opportunity for TikTok in the US market.
OpenAI has released its plan to fight disinformation in elections in 2024, but will its policies be consequential compared to those of other generative A.I. companies? Then, a watershed moment had crypto fans celebrating for the first time in maybe more than a year. And finally, what one writer’s attempt to sell a used mechanical pencil on TikTok says about how the platform is changing.
Today’s guests:
- David Yaffe-Bellany covers the crypto industry for The New York Times
- John Herrman covers technology for New York Magazine
Additional Reading:
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