Facebook’s Instagram is trying to lure TikTok’s most popular users away with the offer of cash incentives, the Wall Street Journal reported . Instagram’s move comes as it prepares for the launch of Reels, its competing feature expected to go live next month in the U.S. The offers from Instagram could be for hundreds of thousands of dollars each, the Journal reported. One creator told the...
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The Briefing Uber/Lyft
Why Prices Do—and Should—Go Up
I had a lot of fun chatting this afternoon with The Information corporate subscribers who participated in our predictions call for the second half of 2022. Amir, Laura, Meredith and I covered a lot of ground on what we expect with tech initial public offerings, debt deals, new headwinds in crypto regulations and enterprise spending. If you are interested in getting access to these...
Tencent’s Revenue Falls as China’s Economic Slowdown Takes Toll
U.S. Department of Commerce Approves Nearly All Tech Exports to China
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