TikTok said to be launching live shopping in the US

TikTok is hunting for partners to launch its live shopping offering in the US as it is looking to outsource operations for these features. According to a report from Financial Times, the short video app has been talking with California-based TalkShopLive to provide infrastructure for live shopping features on TikTok. This tech will allow creators … Read more

Prosus terminates $4.7 billion BillDesk acquisition

Prosus Ventures and its subsidiary payments giant PayU have called off the $4.7 billion merger of BillDesk they announced last year, saying “certain conditions precedent” were not fulfilled by the deadline in a surprising development a month after the proposed acquisition received approval from the local antitrust watchdog. “Certain conditions precedent were not fulfilled by … Read more

Tesla delivered a record 343,830 vehicles in Q3, but still missed Wall Street’s forecasts

Tesla reported Sunday it delivered 343,830 vehicles in the third quarter, a new record and a turnaround from earlier this year when a shutdown at its China factory and challenges around opening factories in Berlin and Austin affected how many vehicles it was able to get into customers’ driveways. Despite the rebound and record number, … Read more