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TikTok is back in the app stores. But the biggest news is that Arm is going to make its own chips, thereby upending how the entire semiconductor industry has been constituted. Why Reddit has been killing it lately. And in the Weekend Longreads Suggestions, what if TikTok, but for Wikipedia?
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TikTok has been reinstated in the US app stores by Apple and Google following a temporary ban. This decision comes after assurances from the Trump administration that enforcement of a new law would be paused for 75 days. Although the ban could be reinstated if no agreement is reached by early April, TikTok's current ownership is under scrutiny. Meanwhile, TikTok’s parent company, ByteDance, claims it is not interested in selling the platform.
ARM is making waves in the semiconductor industry by transitioning from licensing its chip designs to producing its own chips, beginning with a CPU targeting large data centers. With Meta as an early customer, this marks a significant pivot that could alter the industry's landscape and impact ARM's relationships with major clients like Qualcomm and Nvidia. ARM's parent company, SoftBank, is investing heavily in AI infrastructure and chip production, highlighting the growing competition in this sector.
Reddit has experienced substantial growth, with a 60% increase in ad revenue and AI licensing deals contributing approximately 10% to its overall revenue. The platform has strategically partnered with AI companies like Google and OpenAI while ensuring user privacy and content integrity in these agreements. Reddit's investments in machine learning and AI are enhancing advertising effectiveness, further fueling its financial success.
Shein's anticipated IPO is facing delays due to new tariffs imposed by the Trump administration, which create uncertainty for its investment strategy. Initially planning for a London IPO, the company continues to push for regulatory approval while focusing on stabilizing its supply chain amidst the evolving geopolitical landscape affecting Chinese e-commerce firms.
Listeners are encouraged to check out intriguing articles highlighting developments in AI training cost reduction techniques, Walmart's resurgence in retail by effectively competing with Amazon, and the introduction of WikiTalk, an app that allows users to swipe through Wikipedia stubs in a TikTok-like interface.
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