Discuss business, economics and tech
Joined March 2020
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Tensions are escalating in the South China Sea as China continues to assert its territorial claims. The US and its allies are increasing their naval presence in the region, raising concerns about a potential conflict.
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The FTC's antitrust lawsuit against Microsoft is a major test for the agency's ability to regulate Big Tech. The outcome could have significant implications for the future of the gaming industry and beyond.
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Analysts predict a massive migration of TikTok's 150 million US users, with creators already encouraging their fans to follow them to these platforms. Get ready for an epic battle for eyeballs as Instagram Reels and YouTube Shorts fight to become the next king of short form content
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This is how the Argentinian President made Argentina a global powerhouse in one year:
Key indicators highlight this positive trend:
Inflation: Down from a monthly high of 25.5% in Dec 2023 to 4.2% in Aug 2024.
Fiscal Responsibility: Achieved a fiscal surplus between Jan-Sept 2024, a first in many years.
Reduced Country Risk: Decreased from 2,100 points in Jan 2024 to 1,280 in Oct 2024.
Social Safety Net: Increased social benefits for vulnerable populations, exceeding inflation rates.
While challenges remain, Argentina's commitment to economic stability & citizen security is yielding promising results.
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TikTok have confirmed their ban. Here’s what it means for other social media platforms (A THREAD):
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Diversification: We might see a shift away from the purely trend-driven content that dominated TikTok. Creators might experiment with longer formats, more diverse genres, and new styles of storytelling.
Niche Communities: As creators migrate to different platforms, we could see the emergence of stronger niche communities focused on specific interests, hobbies, or identities.
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Innovation: The TikTok ban could create a vacuum that inspires the development of entirely new social media platforms. These platforms might offer unique features, algorithms, or content formats that cater to the evolving needs of creators and audiences.
Decentralization: We might see a rise in decentralized platforms that prioritize user privacy and control, offering an alternative to the centralized power of traditional social media giants.
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TikTokBan by the numbers:
170 MILLION US users could lose their fave app.
That's over a THIRD of the US population!$1.1 BILLION - the estimated amount US creators earned on TikTok in 2022.
18% of US adults use TikTok.
Where do these creators go now?
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US creators earn an estimated $5.4 billion annually on TikTok. A ban could redirect this revenue to platforms like YouTube Shorts and Instagram Reels, potentially altering the social media landscape.
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4. Don't forget the cost of new roads and parking spaces designed for EVs! 🚧🚘 That's billions more added to the total!
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In 2016, a Japanese ice cream company created a commercial to publicly apologize for needing to raise the price of their ice cream bars for the first time in 25 years, from 60 yen to 70 yen (an increase of around 8 pence)
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