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And when Robert Van Winkle, better known as Vanilla Ice, sang his 1990 hit “Ice Ice Baby,” flanked by 10-foot sparklers, he pulled the Sugar Ray frontman Mark McGrath onstage. This was Cameopalooza 2021, a company retreat celebrating the meteoric rise of Cameo, an app and website where regular people could buy personalized videos from minor celebrities for as little as $1. Three hundred Cameo employees danced, took videos and basked in their good fortune to be a part of the Cameo “Fameo” — the company’s nickname for its employees and community of celebrities. A former collegiate party promoter, he shared the lifestyle of Cameo’s celebrity talent, jet setting between parties, sporting events and luxury homes in Miami, Los Angeles, and Chicago. Cameo had just raised $100 million on the audacious ambition to pioneer the “connection economy,” landing a $1 billion “unicorn” valuation just a few years into its existence.
Persons: Kenny G, Paula Abdul, Hamilton, Lance Bass, Robert Van Winkle, Ray, Mark McGrath, Jack Harlow, Steven Galanis, Cameo Organizations: Chicago, Hilton Locations: American, partied, Miami , Los Angeles, Chicago
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia's JSW Infrastructure discusses the country's port privatization pushArun Maheshwari of the Indian private sector infrastructure company discusses the government's public-private partnership model.
Persons: Arun
TikTok employees in the United States expressed frustration and dismay this week after the company introduced a tool for tracking office attendance and threatened disciplinary action for failing to comply with new in-person mandates, in an unusual effort to get workers back into the office with custom data-collection technology. Employees at TikTok, which is owned by the Chinese company ByteDance, received notices this week about the new tool, an app called MyRTO. A dashboard with the data is visible to employees, their supervisors and human resource staff members. TikTok requires many of its roughly 7,000 U.S. employees to work in offices three times a week beginning in October. Employees were told that “any deliberate and consistent disregard may result in disciplinary action” and could “impact on performance reviews.”
Persons: Organizations: Employees, The New York Times Locations: United States, TikTok
SHENZHEN, CHINA - 2020/10/05: Chinese coffee shop chain Luckin Coffee logo seen at a store. Founded in 2017, Luckin Coffee burst onto the Chinese coffee scene to challenge Starbucks through affordable coffee options and mobile ordering. China is Starbucks' second-largest market after the U.S. Luckin Coffee grew to 10,829 stores in China at the end of June, surpassing Starbucks as the largest coffee chain brand in the country following what one analyst calls an "aggressive" expansion. Meanwhile, Starbucks' stores worldwide are company-owned and the American coffee chain does not franchise operations, according to its website. The Chinese coffee chain said that it sold 5.42 million Moutai alcohol-infused lattes on the first day of its launch.
Persons: Alex Tai, Li, Rahul Maheshwari, Luckin, Vivian Leung, Zhang Peng, Price, it's, Jianggan Li, Leung, Kweichow Moutai, Moutai, Shawn Yang, Yang, latte Organizations: Getty, Starbucks, U.S, Luckin, Momentum, Coffee, CNBC, Lightrocket, Brand Finance, Blue Lotus Research Institute Locations: SHENZHEN, CHINA, China, Singapore, Guangzhou, TIANJIN, Asia, Beijing
TikTok has cemented itself as an essential advertising venue for brands aiming to reach its young users. But at the party, the marketers were abuzz about TikTok’s efforts to sell products from the app itself. The reason: After nearly a year of testing, speculation and some internal upheaval, TikTok this week is rolling out TikTok Shop for all users in the United States. Both enable users to buy products in a few clicks without leaving the app. But it is a venture that other popular social platforms, including Instagram, have not succeeded with in the United States.
Persons: TikTok, Gucci Organizations: New York Locations: New, United States
Taxes, Drugs and … TikTok?
  + stars: | 2023-09-02 | by ( Sapna Maheshwari | More About Sapna Maheshwari | ) www.nytimes.com   time to read: +1 min
On a recent summer day, Austin Knudsen, Montana’s attorney general, drove his red Buick from Helena, the state’s capital, to Boulder, a tiny town about a half-hour away whose main claim to fame is that it’s home to the state’s highway border patrol. The road was quiet, flanked by the sort of sprawling pastures and expansive landscapes that give Montana its nickname of Big Sky Country. When Mr. Knudsen visits the highway patrol, which is under his purview, he swears by the steak and burgers at the Windsor, a local haunt that grills its meats behind the bar and where patrons can be spotted drinking beer straight from a pitcher. In May, the state passed a law to ban TikTok that was drafted by Mr. Knudsen’s office. Federal lawmakers, just like Mr. Knudsen, have been concerned that TikTok could expose private user data to Beijing because the app is owned by ByteDance, a Chinese company.
Persons: Austin Knudsen, Knudsen, Chris LeDoux Organizations: Big Sky, Washington , D.C, Federal, ByteDance Locations: Helena, Boulder, Montana, Windsor, United States, Washington ,, Beijing
Commerce Secretary Gina Raimondo’s visit to China is putting a spotlight on the future of TikTok in the United States, where criticism of the app and its ties to Beijing reached a fever pitch this year. Despite the intense pressure on the popular short-form video app, which is owned by the Chinese technology company ByteDance, efforts to ban or regulate it in Washington have not yet borne fruit. And even with all that scrutiny, Ms. Raimondo is not planning to discuss TikTok while in China, a glaring omission that reflects the impasse at which it has left the Biden administration. The administration has been stymied by how to deal with TikTok even as intelligence officials have warned that it poses a national security threat. Ms. Raimondo memorably told Bloomberg News this year that if the administration banned TikTok, “the politician in me thinks you’re going to literally lose every voter under 35, forever.” (TikTok claims 150 million users in the United States.)
Persons: Gina Raimondo’s, Raimondo, , TikTok Organizations: Biden, White, Bloomberg News Locations: China, United States, Beijing, Washington
New York City on Wednesday joined a wave of states and federal agencies in banning TikTok from government-owned devices based on security concerns, snuffing out some popular city-run TikTok accounts in the process. Jonah Allon, a spokesman for Mayor Eric Adams, said in a statement that the city’s Cyber Command determined that the app “posed a security threat to the city’s technical networks.” City agencies must remove the app within 30 days and employees will lose access to TikTok and its website from city-owned devices and networks. The TikTok accounts of Mr. Adams, the city’s Department of Sanitation and the Department of Parks and Recreation all updated their bios with this message: “This account was operated by NYC until August 2023. It’s no longer monitored.”Numerous government officials have been restricting access to TikTok in reaction to concerns that the app, which is owned by the Chinese company ByteDance, could give Beijing access to sensitive user data. New York State has banned TikTok on state-issued mobile devices for more than three years, with some exceptions.
Persons: Jonah Allon, Eric Adams, Adams, It’s Organizations: Wednesday, Command, city’s Department of Sanitation, Department of Parks, Recreation, New York State Locations: York City, City, Beijing
When Kate Middleton wore a Suzannah London dress in different colors to various events, it prompted Ms. Holmes to ask readers what clothing items they had in multiples. In her newsletter, she compiled the responses in a spreadsheet and featured a dozen products that had been suggested by more than one person. For some, these communities are a salve for the sheer amount of stuff for sale online, targeted to them in feeds fueled by algorithms. These women want a review of a review and the truth behind a flawless Instagram picture — has a real person actually tried that face roller? Has anyone else been targeted by ads for that particular eyeliner?
Persons: Kate Middleton, Holmes, Ms, , there’s, , Moss, Malinsky Organizations: Glamour, GQ Locations: Somerset,
“I want to be in these Netflix shows, I want to be in the Hulu shows, but we’re standing by the writers, we’re standing by SAG,” Ms. Giulietti said. She said she was living at home with her parents in Cheshire, Conn., and putting off renting an apartment in New York City while she saw how the strike — which, along with a writers’ strike, could go on for months — would affect her income. The last time Hollywood’s screen actors and writers went on strike, social media platforms and the $5 billion influencer industry didn’t exist. A number of creators have pledged support for writers and actors and circulated “scab” lists of influencers who promote new releases or appear at related events. Others have been frustrated or confused by instructions from a union that doesn’t protect them, and that some had never heard of.
Persons: ” Ms, Giulietti, TodayTix, Hulu Organizations: Netflix, Hulu, SAG, Searchlight, Disney Locations: Cheshire, Conn, New York City
The U.S. clean energy landscape can gain favor as green electricity becomes more affordable — and Morgan Stanley sees stocks poised to benefit. In the U.S. and Asia specifically, solar, energy storage and green hydrogen will help bring an underappreciated cost deflation, he said. "With increased competitiveness over fossil fuels, clean power will metamorphose the electricity landscape, overtaking fossil-based generation by 2030." See which stocks are on the list below: Solar stock Sunnova made the cut, with Maheshwari's base case price target of $42 implying an upside of around 83%. There's no additional customer growth from the upcoming shift in green energy currently priced in, he said.
Persons: Morgan Stanley, Mayank Maheshwari, Maheshwari, There's, — CNBC's Michael Bloom Organizations: Energy, NOVA, New, Exxon Mobil, Chevron Locations: U.S, Asia, Chevron
“The Supreme Court has characterized academic freedom as a special concern of the First Amendment,” said Ramya Krishnan, a lawyer at the Knight First Amendment Institute. The lawsuit said that Jacqueline Vickery, an associate professor at the University of North Texas and a digital media scholar, had been forced to “suspend research projects and change her research agenda, alter her teaching methodology, and eliminate course material,” because of the ban. The Texas ban also appears to extend to her personal cellphone based on her use of university email and other apps there, the lawsuit said. Ms. Vickery said in an interview that she had not been able to access TikTok since the university returned from winter break, even for an assignment where she wanted her students to read the privacy terms on TikTok’s site. The ban’s effect on her classes and research has been “really challenging,” particularly as she does not have a personal laptop, she said.
Persons: , , Ramya Krishnan, Abbott, Jacqueline Vickery, Vickery Organizations: University of North Locations: University of North Texas, Texas
The U.S.-China Business Council estimated that U.S. exports to China supported nearly 1.1 million jobs in the United States in 2021. Also in the survey, 46 percent of American companies thought that U.S.-China relations would deteriorate in 2023, while only 13 percent thought they would improve. Personal and cultural connectionsThe United States is home to nearly 2.4 million Chinese immigrants, making it the top destination for Chinese immigrants worldwide. China had more than 80,000 movie screens by late 2021, compared with roughly 39,000 in the United States. Air carriers are running only 24 flights a week between the United States and China, compared with about 350 before the pandemic.
Persons: Janet L, Yellen, Germany —, China’s, Long, ByteDance, Maheshwari, Nicole Sperling Organizations: Economic, International Monetary Fund, Initiative, China . Trade, China Business Council, United, Commerce Department, Financial, American Chamber of Commerce, Columbia University Locations: China, United States, Beijing, U.S, Canada, Mexico . U.S, The U.S, Japan, Britain, Germany, China’s, American, Comscore
TikTok is funding Montana users' lawsuit against ban: NY Times
  + stars: | 2023-06-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTikTok is funding Montana users' lawsuit against ban: NY TimesSapna Maheshwari, New York Times reporter, joins 'Squawk Box' to discuss reports of TikTok funding Montana users' lawsuit against a ban of the app in the state, and more.
Organizations: NY, , New York Times Locations: Montana, ,
But rather than win hearts and minds, Shein and the creators have been roundly blasted in the past week by social media users who have viewed the videos incredulously. The creators have been deleting negative comments on their social media accounts and posting defensive videos. And the trip has become a cautionary tale for marketers, as Shein’s efforts to help its reputation using influencers managed to alienate consumers and draw even more attention to allegations of unsavory business practices. Shein — pronounced SHE-in — an online retailer founded in China more than a decade ago, has quickly gained popularity among U.S. consumers, particularly teenagers and 20-somethings, for its easy-to-use app and low prices on a wide assortment of trendy apparel and accessories. Shein has said it conducts its business “lawfully.”
Persons: Shein, , Freeman, influencers, , Mae Karwowski Locations: China
When five TikTok creators in Montana filed a lawsuit last month, saying the state’s new ban of the app violated their First Amendment rights and far outstripped the government’s legal authority, it appeared to be a grass-roots effort. One relevant fact that the creators and TikTok didn’t mention: The company is financing their case. When the case was filed, TikTok said it was weighing whether to file a separate one — a move the company made several days later. This week, Jodi Seth, a spokeswoman for TikTok, acknowledged that it was paying for the users’ lawsuit after two of them told The New York Times about the company’s involvement. “Many creators have expressed major concerns both privately and publicly about the potential impact of the Montana law on their livelihoods,” Ms. Seth said.
Persons: TikTok, Jodi Seth, Ms, Seth, Organizations: New York Times Locations: Montana
Meghan Trainor, the pop star, is sitting in an empty marble bathtub, fully clothed and flanked by two of her friends. The three of them begin soulfully crooning an a cappella version of “Made You Look,” the hit single Ms. Trainor released in the fall, nailing every note for about half a minute. Then they stop, look at one another and scream with delight. TikTok users went wild for that snippet in November, sending it past 100 million views and attracting comments like “I’m certain this is playing at the gates of heaven.” It’s now Ms. Trainor’s most popular video on the platform. Ms. Trainor won the Grammy for best new artist in 2016.
Persons: Meghan Trainor, Trainor, ” It’s, hadn’t, , Nielsen, Ms
TikTok, the popular short-form video app that is facing questions about its future in the United States, said on Thursday that its chief operating officer was leaving the company and that it had hired a new head of operations and a new chief brand and communications officer. V. Pappas, who joined TikTok as chief operating officer to run its North American business in 2018, will become a strategic adviser to the company. Adam Presser, TikTok’s chief of staff, will become its head of operations. In an email to the company on Thursday, Mx. Pappas, 44, said “the time is right to move on and refocus on my entrepreneurial passions.”The company also said that Zenia Mucha will oversee its sprawling communications team.
Persons: Pappas, TikTok, Adam Presser, TikTok’s, Zenia Mucha, Mucha Organizations: Pappas, Disney, New York Times Locations: United States
The Titanic Truthers of TikTok
  + stars: | 2023-06-16 | by ( Tiffany Hsu | Sapna Maheshwari | ) www.nytimes.com   time to read: +2 min
Mr. Morgan, whose White Star Line owned the Titanic, figures prominently in Titanic lore. (In some tellings, TikTok creators have recast the villains as the wealthy Rothschild family or even the Catholic order of the Jesuits.) Evidence suggests that Mr. Morgan failed to make his date with the Titanic because he was dealing with an unexpected situation involving his European art collection. The consensus, though, is this: The Titanic sank in a terrible accident and many people died. “On a grand scale, the study of history keeps you from repeating the mistakes that were made in the past and, continually, moving forward,” said Mr. Stephenson, who is now the executive director of the USS Kidd Veterans Museum.
Persons: Morgan, Rothschild, Mr, Parks Stephenson, Cameron, Stephenson, Organizations: White Star Line, Navy, USS Kidd Veterans Museum
Two senators sent a letter to TikTok’s chief executive on Tuesday, accusing the company of making misleading claims to Congress around how it stores and handles American user data, and demanding answers to more than a dozen questions by the end of next week. The letter, from Senators Richard Blumenthal, Democrat of Connecticut, and Marsha Blackburn, Republican of Tennessee, focused on how sensitive data about American users may be stored in China and how employees there may have access to it. The lawmakers said recent reports from The New York Times and Forbes raised questions about statements made during congressional testimony in March by Shou Chew, TikTok’s chief executive, and in an October 2021 hearing involving Michael Beckerman, TikTok’s head of public policy for the Americas. TikTok is owned by the Chinese company ByteDance. “We are deeply troubled by TikTok’s recurring pattern of providing misleading, inaccurate or false information to Congress and its users in the United States, including in response to us during oversight hearings and letters,” the senators wrote.
Persons: Richard Blumenthal, Marsha Blackburn, Forbes, Shou Chew, Michael Beckerman Organizations: Republican, The New York Times Locations: Connecticut, Tennessee, China, United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTikTok user data routinely posted on internal messaging system, stored on Chinese servers: NY TimesSapna Maheshwari of The New York Times joins 'Squawk Box' to discuss the Times' report that TikTok user data were regularly posted on the company's internal messaging system called Lark between 2019 and 2022, and that the information was stored on Chinese servers as of late last year.
Organizations: NY, The New York Times
Ms. Oberwetter also pointed to statements from civil and digital groups raising similar concerns. To justify a ban, Ms. Krishnan said, Montana would have to show that its privacy and security concerns were real and that they could not be addressed in narrower ways. “I don’t think TikTok has yet committed to suing, but I think it’s likely that it will,” Ms. Krishnan said. Montana’s law came after the federal government and more than two dozen states banned TikTok on government devices in recent months. TikTok says that it has never been asked to provide, nor has it provided, any U.S. user data to the Chinese government.
TikTok, which says it has 7,000 employees in the United States, has been fighting back in the state for months. It has run ads featuring Montana small businesses that use TikTok and given prewritten emails to users so they could contact Mr. Gianforte about opposing the bill. The legislation prohibits mobile app stores, like those run by Apple and Google, from offering TikTok within the state. A trade group funded by Apple and Google has said in recent months that it is impossible for the companies to prevent access to TikTok in a single state. The battle in Montana erupted during a period of intense national scrutiny on TikTok, which boasts more than 150 million U.S. users.
Rachel Aaron, a 24-year-old who works in public relations in New York, recently dressed up for a work event at Bloomingdale’s. In the era of “get ready with me” videos on TikTok, it was a golden opportunity to create content. Ms. Aaron, who has just 3,300 followers on TikTok, filmed herself chatting to the camera while selecting a black Skims dress, a blazer and a belt. Her post garnered a few hundred views and some favorable comments like “Slay mamas.”Ms. Aaron is not a major social media star, nor is she a celebrity. Among the links is her Poshmark page, where she resells her clothing.
A former executive at ByteDance, the Chinese company that owns TikTok, has accused the technology giant of a “culture of lawlessness,” including stealing content from rival platforms Snapchat and Instagram in its early years, and called the company a “useful propaganda tool for the Chinese Communist Party.”The claims were part of a wrongful dismissal suit filed on Friday by Yintao Yu, who was the head of engineering for ByteDance’s U.S. operations from August 2017 to November 2018. The complaint, filed in San Francisco Superior Court, says Mr. Yu was fired because he raised concerns about a “worldwide scheme” to steal and profit from other companies’ intellectual property. Among the most striking claims in Mr. Yu’s lawsuit is that ByteDance’s offices in Beijing had a special unit of Chinese Communist Party members sometimes referred to as the Committee, which monitored the company’s apps, “guided how the company advanced core Communist values” and possessed a “death switch” that could turn off the Chinese apps entirely. “The Committee maintained supreme access to all the company data, even data stored in the United States,” the complaint said.
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