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Showing posts with the label TikTok

Anheuser-Busch exec steps down after Bud Light sales slump following Dylan Mulvaney controversy

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[ad_1] Anheuser-Busch CEO on Dylan Mulvaney backlash Anheuser-Busch CEO: Bud Light should be bringing people together 07:52 Anheuser-Busch InBev's U.S. chief marketing officer is leaving the beverage giant following public backlash over a promotion that led to a sharp  drop in sales of Bud light , one of the company's most important products. Benoit Garbe, who joined Anheuser-Busch in 2021, will resign at the end of the year "in order to embark on a new chapter in his career," the company said in a statement to CBS MoneyWatch. The company's US chief commercial officer, Kyle Norrington, will oversee the brewery

It's TikTok Shop's first Christmas, and shoppers are torn between hot deals and ethics

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[ad_1] TikTok has officially launched its e-commerce service TikTok Shop in the US.  Costfoto | Nurphoto | Getty Images Consumers are increasingly turning to social media for their shopping this holiday season, and TikTok's latest venture into e-commerce has emerged at the forefront. For some, it means weighing the convenience of mobile shopping and often low prices against ethical questions. The platform introduced TikTok Shop in the U.S. in September as an in-app shopping experience, capitalizing on the #TikTokMadeMeBuyIt trend. The shop gives opportunities to both content creators who could sell their own products and avid TikTok users who could buy directly on the app, following in the footsteps of other social media apps such as Instagram. Though TikTok Shop previously faced backlash and was forced to shut down in Indonesia, consumers are increasingly trending toward buying off social media. A recent Shopify-Gallup survey says nearly half of respondents ages 18 to 29 s

Experts say Shein's U.S. IPO is all but dead

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[ad_1] The Shein logo can be seen on a smartphone, while the Chinese online retailer's website is open on a laptop.  Monika Skolimowska | Picture Alliance | Getty Images China-founded e-commerce company Shein's hopes of going public in the United States are growing slimmer by the day, according to experts, as rising tensions between Beijing and the U.S. roil business and trade. The company, last valued at $66 billion, confidentially filed to go public in the U.S. in November. Since then, it has faced resistance as it tries to join the American retail sphere, including through numerous rejected attempts to become a member of the National Retail Federation, the industry's largest trade association, CNBC previously reported. The e-commerce upstart filed to go public while becoming a household name in the U.S. by offering low prices and a facility to offer new styles quickly. The company is poised to take major market share from U.S. retailers, particularly Gap , TJX C

Social media may pose

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[ad_1] Protecting kids from harmful social media How to protect kids and teens from the harmful effects of social media 05:22 U.S. Surgeon General Dr. Vivek Murthy is calling for stronger guidelines for social media use among children and teens, pointing to a growing body of research that the platforms may pose what he described as a "profound risk" to young people's mental health. In a report issued on Tuesday, Murthy urged technology companies and lawmakers to take "immediate action" by formulating policies to protect young people from "addictive apps and extreme and inappropriate content"

Supreme Court to hear case that could reshape the

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[ad_1] Washington — Kati Morton was a reluctant adopter of YouTube. A therapist working toward her license in California, it was her then-boyfriend, now-husband, who first suggested that Morton explore posting videos on the platform as a way to disseminate mental health information. The year was 2011, and Morton, like many others, thought YouTube primarily consisted of videos of cats playing the piano and make-up tutorials. But after seeing other content posted on the site, Morton decided to give it a shot. Her audience started small, with her videos garnering a handful of views. But in the more than a decade since then, Morton's YouTube channel has grown to more than 1.2 million subscribers. Crucial to the growth of Morton's audience is YouTube's system for recommending content to users, which the company began building in 2008. It relies on a highly complex algorithm to predict what videos will interest viewers and keep

What is ‘rage-applying’, the trend that’s taking over the workplace in 2023? - Times of India

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[ad_1] The world of job opportunities, workplace culture and values keeps changing by the day. There are new terms and trends that dominate this industry every year. These mostly showcase the excessive burnout and exhaustion that employees go through after working long hours and at a stretch in the workplace. The lack of appreciation, motivation and acknowledgement had driven employees to ‘quiet quitting’ last year i.e the trend of doing the bare minimum at work. But this year, ‘rage applying’ is what everybody has been up to. And well, it surely has made people quite happy worldwide! Wondering what this new trend is all about? Read about ‘rage applying’ here below. What is rage applying? Rage applying indicates trying to channel the anger and frustration at work or at your boss towards applying for multiple jobs in one go. This usually happens when you are very dissatisfied with your current job and are looking for ways to get out of this workplace. Employees who feel underappre

Who is Shou Zi Chew? What to know about the TikTok CEO testifying before Congress

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[ad_1] Shou Zi Chew, the CEO of TikTok, faced a panel of federal lawmakers Thursday and sought to calm their concerns about the social media platform due to its ties to China and  possible security risks that could arise as a result. Chew, 40, took the helm of TikTok about two years ago after spending most of his career in investment banking and venture capital.  Here's what you need to know. Who is Shou Zi Chew? Chew, born in January 1983 in Singapore, completed mandatory military service for the Singaporean government as a teenager. then moved to England to enroll at University College London. After earning a bachelor's degree in economics, he then landed a job as an investment banker for Goldman Sachs in London. A few years later, he left that role to move again — this time to the United States — to enroll in Harvard Business School in 2008. While still at Harvard, Chew  took an internship in 2009 at a then-modest startup

U.S. agencies have 30 days to remove TikTok from federal devices, White House says

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[ad_1] Government agencies have 30 days to delete TikTok from federal devices and systems, a White House official said Monday.  The directive from the Biden administration comes after the popular video app was banned by Congress on federal government devices in December, amid growing national security concerns that TikTok's Chinese parent company ByteDance could give access to user data to the Chinese Communist Party.  Reuters first reported the White House deadline on Monday. This is a developing story and will be updated.  Trending News Caitlin Yilek Caitlin Yilek is a politics reporter for CBS News Digital. Reach her at caitlin.yilek@cbsinteractive.com . Follow her on Twitter: https://twitter.com/hausofcait Thanks for reading CBS NEWS.