Friday☕️
Trending:
- TikTok
Markets/Economies:
- Yesterday's US market performance:
- Yesterday's crypto market data:
TikTok:
- Yesterday, Shou Zi Chew (TikTok CEO) faced a congressional panel regarding TikTok as the US government looks to ban the platform in the US due to data privacy concerns.
- The main argument from the US revolves around the Chinese government using TikTok to collect, control, sell, and manipulate an excess amount of user data.
- The defense from TikTok's CEO revolves around China not having control over the platform.
- TikTok is owned by the Chinese company ByteDance.
- TikTok is a private social media company with 1 billion monthly active users and 150 million users in the USA.
- Full hearing link:
Business:
- Accenture, a consulting firm, has announced it will lay off 19,000 employees over the next 18 months.
- Moderna will charge $130 per dose for their Covid vaccine after the US government stops providing it for free, whereas the government paid $15 to $26 per dose.
- Starting this week, a select amount of US Starbucks locations will offer olive oil-infused coffee after the company began offering the drinks in Italy last month.
Statistic:
- Social Media Monthly Active Users (MAUs) in 2023:
- Facebook: 2.9 billion
- Youtube: 2.5 billion
- Instagram: 2.35 billion
- WhatsApp: 2.24 billion
- TikTok: 1 billion
- Linkedin: 900 million
- Snapchat: 750 million
- Telegram: 550 million
- Twitter: 450 million
- Pinterest: 450 million
- Reddit: 430 million
- Quora: 300 million
- Twitch: 150 million
Article Links:
Social Media Algorithms
Social media algorithms are the underlying systems that determine what content users see on their feeds. These algorithms are used by companies like Facebook, Instagram, TikTok, and Twitter to curate the content that appears on users’ feeds and to promote certain types of content over others. The ef…
Time Is Money
The Data Industry
The data industry is a rapidly growing field that is playing an increasingly important role in shaping the future of businesses and organizations. The availability of large amounts of data from various sources has led to a growing demand for data professionals who can analyze and make sense of this
Time Is Money
Data Centers
In today’s digital age, data is king. Every day, individuals and businesses generate massive amounts of data that must be stored and managed. That’s where data centers come in. Data centers are specialized facilities designed to house computer systems and related components, such as telecommunicatio…
Time Is Money
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