TikTok Moves into Ecommerce with Shopify Partnership

FILE PHOTO: A TikTok logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: A TikTok logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
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TikTok Moves into Ecommerce with Shopify Partnership

FILE PHOTO: A TikTok logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: A TikTok logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

Canadian e-commerce company Shopify announced Tuesday a partnership with TikTok that will allow its more than one million online retailers to hype their wares on the teen-centric platform for short-form videos.

The deal comes amid scrutiny of the China-based app and a pending court hearing on TikTok's future in the United States, where it reaches more than 100 million users monthly.

"We're thrilled to be the first partner to welcome TikTok to the world of commerce, particularly right now, as our merchants prepare for a busy online holiday shopping season," Shopify vice president Satish Kanwar said in a statement.

Shopify hosts e-stores for mostly small- and medium-sized businesses and in the eyes of many merchants has emerged as an alternative to Amazon's online marketplace.

Its partnership with TikTok, it said, will allow TikTok users to simply click on shoppable video ads to buy products from Shopify merchants.

The two companies said they will also "collaborate to test new commerce features over the coming months."

US President Donald Trump's administration has insisted on the need to ban TikTok over national security concerns.

It claims TikTok has links to the Chinese government through its parent firm ByteDance.

TikTok has repeatedly defended itself against allegations of data transfers to the Chinese government.

A US court is to consider next month whether to allow the government to effectively ban its use in the United States.

The stakes are high given that the TikTok mobile app has been downloaded about 175 million times in the US and more than a billion times around the world, offering everything from make-up tutorials to dance routines and cookery tips.

Meantime, several potential American suitors have come forward looking to buy a stake in TikTok, including Silicon Valley giant Oracle and Walmart.



Microsoft Reportedly on Track to Invest $5.5 Billion in Singapore by 2029

FILE PHOTO: A Microsoft logo is seen next to a cloud in Los Angeles, California, US June 14, 2016. REUTERS/Lucy Nicholson/File Photo
FILE PHOTO: A Microsoft logo is seen next to a cloud in Los Angeles, California, US June 14, 2016. REUTERS/Lucy Nicholson/File Photo
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Microsoft Reportedly on Track to Invest $5.5 Billion in Singapore by 2029

FILE PHOTO: A Microsoft logo is seen next to a cloud in Los Angeles, California, US June 14, 2016. REUTERS/Lucy Nicholson/File Photo
FILE PHOTO: A Microsoft logo is seen next to a cloud in Los Angeles, California, US June 14, 2016. REUTERS/Lucy Nicholson/File Photo

Microsoft is on track to invest $5.5 billion in cloud and artificial ⁠intelligence infrastructure in Singapore ⁠through 2029, the ⁠Wall Street Journal reported on Wednesday.

Microsoft did not immediately respond to a ⁠Reuters request for ⁠comment.

The Thai government ⁠said in a statement on Tuesday that Microsoft plans to invest $1 billion in Thailand over the next two years in cloud services and AI infrastructure.

The investment includes developing digital ⁠skills of the Thai workforce, the statement said.

The announcement follows a number of data center investments to support AI, as Southeast ⁠Asia's ⁠second-largest economy looks to speed up projects involving data centers, electronics, and power generation.


Huawei Posts 2.2% Growth in Annual Revenue

FILE PHOTO: A sign of Huawei is displayed at the company's booth at the expo of the World Internet Conference in Wuzhen town of Tongxiang city, Zhejiang province, China November 8, 2025. REUTERS/Tingshu Wang/File Photo
FILE PHOTO: A sign of Huawei is displayed at the company's booth at the expo of the World Internet Conference in Wuzhen town of Tongxiang city, Zhejiang province, China November 8, 2025. REUTERS/Tingshu Wang/File Photo
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Huawei Posts 2.2% Growth in Annual Revenue

FILE PHOTO: A sign of Huawei is displayed at the company's booth at the expo of the World Internet Conference in Wuzhen town of Tongxiang city, Zhejiang province, China November 8, 2025. REUTERS/Tingshu Wang/File Photo
FILE PHOTO: A sign of Huawei is displayed at the company's booth at the expo of the World Internet Conference in Wuzhen town of Tongxiang city, Zhejiang province, China November 8, 2025. REUTERS/Tingshu Wang/File Photo

China's Huawei Technologies reported on Tuesday 2.2% growth in 2025 revenue, as its core businesses of infrastructure network and consumer devices reported modest growth, while its cloud computing operation saw a revenue decline.

The Shenzhen-based company posted 2025 sales revenue of 880.9 billion yuan ($127.5 billion), up 2.2% from a year earlier, marking a sharp slowdown from 22.4% growth recorded in 2024.

The 2025 result marks Huawei's second-highest annual revenue, trailing a record 891 billion yuan sales achieved in 2020.

Huawei's smartphone ⁠business had suffered ⁠a dramatic decline after US sanctions restricted access to advanced chips and Google's Android operating system, driving its total revenue down 29% in 2021. Last year was the fourth consecutive year of growth since that trough.

Revenue from the consumer unit, which includes smartphones and other digital devices, ⁠rose 1.6% to 344.5 billion yuan, while its information and communication technology infrastructure segment — the largest revenue contributor — posted 2.6% growth in sales to 375 billion yuan, Huawei said in a statement.

Huawei said over 36 million devices ran on its homegrown HarmonyOS by the end of last year, Reuters reported.

Its smaller yet important cloud computing business reported a 3.5% drop in revenue, while intelligent automotive solutions unit, which helps traditional automakers develop smart vehicles, saw a revenue surge of ⁠72.1% to ⁠45 billion yuan.

Huawei continued to allocate significant resources to research and development to mitigate the effects of ongoing US sanctions.

R&D spending surged to 192.3 billion yuan in 2025, representing 22% of its annual revenue, as the company invested heavily in software, chips and manufacturing tools to reduce reliance on restricted US technology.

In a statement, chairwoman Meng Wanzhou, daughter of Huawei founder Ren Zhengfei, said the company is navigating a future "full of uncertainty," and pledged that Huawei would continue cultivating its developer ecosystem.


Meta Says Testing Subscription Tier for Instagram

(FILES) This picture taken in Istanbul on August 2, 2024, shows the logo of the social network Instagram on a smartphone. (Photo by Yasin AKGUL / AFP)
(FILES) This picture taken in Istanbul on August 2, 2024, shows the logo of the social network Instagram on a smartphone. (Photo by Yasin AKGUL / AFP)
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Meta Says Testing Subscription Tier for Instagram

(FILES) This picture taken in Istanbul on August 2, 2024, shows the logo of the social network Instagram on a smartphone. (Photo by Yasin AKGUL / AFP)
(FILES) This picture taken in Istanbul on August 2, 2024, shows the logo of the social network Instagram on a smartphone. (Photo by Yasin AKGUL / AFP)

Instagram is testing a pay tier that offers features including letting subscribers discretely view "Story" posts that normally vanish after 24 hours, Meta told AFP on Monday, confirming a report by news website TechCrunch.

Paying users will also get more control over which accounts are permitted to see photos or videos they share in Story posts on the popular social network.

The new tier is being tested in "a few countries worldwide," a spokesperson said, without providing further details.

According to TechCrunch, they include Japan, Mexico and the Philippines, with subscription prices hovering around $2 per month.

Meta launched ad-free, paid versions of Facebook and Instagram in the United Kingdom last year to comply with legislation there.

Social media platforms Snapchat and X have offered paid premium version for several years.

Snapchat's parent company Snap recently reported having more than 25 million subscribers to its premium tier and being on pace for $1 billion in annual revenue.

Content creators at Instagram already have the ability to charge fans for access to exclusive content.