TikTok has lowered its internal advertising revenue forecast for this year to $10 billion from its previous target of $12 billion, according to a person with knowledge of the matter. TikTok CEO Shou Zi Chew recently shared the new forecast with the app’s managers in an internal meeting, according to the person. The slashed outlook, which was first reported by The Financial Times, shows how the...
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The Electric: A Rift Over the Climate Law Bursts Into the Open
Tension over the $369 billion climate law boiled over Wednesday, with Sen. Joe Manchin (D-W.Va.) threatening to sue to stop implementation of the legislation if he believes the White House is doing it the wrong way. His admonishment came ahead of the Biden administration’s scheduled release of guidance Friday for which electric vehicles will qualify for $7,500 per vehicle in consumer tax...
Alphabet’s DeepMind and Google Brain Set Aside Rivalry, Target OpenAI
Startup Wiz Finds Critical Azure Flaw Tied to Bing Search
ByteDance Promoting Lemon8, New Community App in U.S.
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