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Tech NewsTikTok Wants To Be Its Own Economy
TikTok is apparently the latest platform to make the shift from social media site to a glorified digital mall. On Tuesday, Bloomberg reported that TikTok has started floating the idea of in-app shopping to brands over in Europe, hoping to hook young EU shoppers—and their wallets—in the process. According to the report, this e-shopping feature … Continued
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Tech NewsCommerceAmazon Might Make Its Drivers Assemble Your Furniture
In yet another bid to completely dominate all things e-commerce, Amazon’s reportedly begun testing a premium service that lets its customers opt into having their deliveries assembled once they reach their door. The service is planned to first hit shoppers based in Virginia and “two other markets,” according to an internal Amazon presentation leaked to … Continued
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Tech NewsClubhouse Reportedly Thinks It’s Worth $4 Billion Now
Clubhouse, which led a round of investment in January at a reported valuation of around $1 billion, now believes it is worth four times that, Bloomberg reported on Tuesday. A new round of funding the audio chat app is negotiating with investors may value the company at around $4 billion, sources told the news agency, … Continued
By Tom McKay -
Tech NewsDiscord Wants to Go Public or Sell to Company Like Microsoft for $10 Billion: Report
Microsoft is currently in discussions to potentially buy the chat platform Discord, according to a new report from Bloomberg News that cites unnamed sources. The sale, which is far from a done deal, could be worth over $10 billion but Discord is just as likely to go public if it doesn’t get an acceptable offer, … Continued
By Matt Novak -
Tech NewsCommerceInspired by Alabama Coworkers, Amazon Employees Nationwide Begin Union Talks: Report
A slew of Amazon workers in Baltimore, New Orleans, Portland, Denver, and Southern California are looking into unionizing, emboldened by their Alabama coworkers’ high-profile union campaign, Bloomberg reported Friday. Amazon workers have been fighting to organize for years, citing backbreaking workloads, unsafe conditions amid the global covid-19 pandemic, dystopian workplace surveillance, and Amazon’s history of … Continued
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Tech NewsFeds Eye Swiss Hacker Tied to Major Security Cam Breach
Swiss authorities on Friday raided the home of a computer hacker reportedly under FBI investigation who has also—unrelatedly—taken credit for the recent breach of U.S. security camera company. The company, Verkada Inc., has itself separately been accused of granting employees extraneous access to the private surveillance feeds of potentially thousands of global customers. Bloomberg, which … Continued
By Dell Cameron -
Tech NewsThe Most Infamous Story in Tech Returns With New Details—but No Hard Evidence
More than two years after Bloomberg Businessweek published a widely disputed investigation claiming the Chinese government had secretly installed microchips on server motherboards produced by Supermicro that were used to spy on companies like Amazon and Apple, the outlet has published its follow-up, which doubles down on the initial report and expands the scope of … Continued
By Andrew Couts -
Tech NewsTwitter Reportedly Looking to Turn TweetDeck Into TweetDeck+
Under increased pressure from investors to break out of its sluggish growth, Twitter is reportedly getting serious about offering a subscription product in order to create a new revenue stream. Advertising will remain the social network’s bread and butter for the foreseeable future, but according to Bloomberg, we could get an update on subscription plans … Continued
By Rhett Jones
