Chinese TikTok owner ByteDance increased U.S. lobbying spend by 130%

Rafael Henrique | Sopa Images | Lightrocket | Getty Images TikTok’s Chinese parent company ByteDance had its biggest lobbying quarter yet, spending more than $ 2.1 million in the second quarter to lobby the US government, according to its disclosure filed Wednesday in a federal database. That represents a 130% increase from ByteDance’s Q1 lobbying … Read more

Who is Haley Hoffman Smith? 25-year-old TikTok star makes $30,000 a month.

Who is Haley Hoffman Smith? 25-year-old TikTok star makes $ 30,000 a month. | Fortune You need JavaScript enabled to view it.

How China’s Shein became more valuable than H&M and Zara combined

Shein is a Chinese fashion e-commerce company that’s outperforming many of its competitors. Its reported valuation in April 2022 was $ 100 billion – more than H&M and Zara combined. Chinese e-commerce company Shein took the top spot as the most downloaded app in the United States in May, according to a report from intelligence … Read more

What happens when people use TikTok and Instagram to make travel plans

Nearly one in three travelers turn to social media for holiday inspiration, according to a new study. The figures are even higher for younger travelers. Some 60% of Gen Zs and 40% of millennials use social media for travel purposes, according to an April 2022 report by the travel company Arrivia. On TikTok alone, the … Read more