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TikTok to Offer In-App Shopping with Shopify

TikTok will expand into e-commerce in partnership with Shopify. (AFP)
TikTok will expand into e-commerce in partnership with Shopify. (AFP)
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TikTok to Offer In-App Shopping with Shopify

TikTok will expand into e-commerce in partnership with Shopify. (AFP)
TikTok will expand into e-commerce in partnership with Shopify. (AFP)

TikTok unveiled plans to allow users to buy products while using the video-sharing app in a partnership with e-commerce platform Shopify.

The fast-growing social media app said it would begin pilot-testing TikTok Shopping with a group of Shopify merchants in the United States, Britain and Canada in the coming weeks.

"TikTok Shopping will bring new features that help Shopify merchants create engaging, organic content that sends consumers directly to their online store for checkout, making it easy for people to explore and buy the products they discover on TikTok," said a statement from the app owned by China-based ByteDance.

Blake Chandlee, head of global business solutions at TikTok, said the app "is uniquely placed at the center of content and commerce, and these new solutions make it even easier for businesses of all sizes to create engaging content that drives consumers directly to the digital point of purchase."

Harley Finkelstein, Shopify president, said the partnership will help boost platform "creators" who promote products online by "enabling new in-app shopping experiences and product discovery on TikTok for the first time."

"Shopify is powering the creator economy on one of the fastest-growing social and entertainment platforms in the world," he said. "We are excited to help this next generation of entrepreneurs connect with their audiences."

The news comes amid rising interest in "social commerce" that is expected to be worth some $36 billion in the United States this year, according to the research firm eMarketer.

An eMarketer report said Facebook was leading this segment, and that an estimated 56 million US residents would be making at least one purchase on the leading social network this year.

TikTok came under pressure last year from former president Donald Trump, who claimed the platform represented a national security risk because of its links to China.

Joe Biden's administration shelved plans to ban TikTok or force a sale to US investors, instead ordering a national security review of foreign-controlled platforms.

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Technology

Canada's Cohere, Germany's Aleph Alpha Reportedly in Merger Talks

FILE PHOTO: AI (Artificial Intelligence) letters and robot hand are placed on computer motherboard in this illustration created on June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: AI (Artificial Intelligence) letters and robot hand are placed on computer motherboard in this illustration created on June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
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Canada's Cohere, Germany's Aleph Alpha Reportedly in Merger Talks

FILE PHOTO: AI (Artificial Intelligence) letters and robot hand are placed on computer motherboard in this illustration created on June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: AI (Artificial Intelligence) letters and robot hand are placed on computer motherboard in this illustration created on June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Artificial intelligence companies Cohere of Canada and Aleph Alpha of Germany are in talks to merge and have Berlin's support for a potential deal, newspaper Handelsblatt reported late on Thursday.

Citing government and industry sources, the paper said the German government would be willing to become a key customer of a combined company, part of a push to provide digital public services.

"If leading AI companies from Canada and Germany were to join forces that would send a very strong signal," German Digital Minister Karsten Wildberger told the ⁠paper.

Germany and Canada ⁠were already collaborating closely in the field, he was also quoted as saying.

Aleph Alpha told Reuters that regular discussions over strategic partnerships were standard practice in the AI industry and that Aleph Alpha had its own independent strategy, declining to comment further.

Cohere said it meets "with companies and institutions ⁠across Germany and Europe and continually evaluates strategic opportunities that support our global growth."

It also pointed Reuters to its international expansion efforts as well as to the Canadian-German Sovereign Technology Alliance agreed this year, but would not comment further.

Germany's research and digital ministries did not immediately respond to requests for comment.

Handelsblatt said merger talks started early this year and had reached an advanced stage, with plans for the new entity to be headquartered in both countries.

Germany has been eager to catch ⁠up with ⁠dominant AI players the US and China in a global race to master a transformational technology and attract high-income jobs. India has also emerged as a contender.

Last month, Berlin unveiled plans to encourage investments to boost AI data processing capacity at least fourfold by 2030.

Microsoft, which is collaborating with Cohere, unveiled $23 billion in AI investments in December, with the bulk earmarked for India and parts for Canada.

That was after Alphabet's Google said it would spend $15 billion over five years on an AI data center in India.

Technology

Apple Reportedly Leads Global Smartphone Shipments in 1st Quarter

FILE PHOTO: The Apple logo is seen during the preview of the redesigned and reimagined Apple Fifth Avenue store in New York, US, September 19, 2019. REUTERS/Brendan McDermid/File Photo
FILE PHOTO: The Apple logo is seen during the preview of the redesigned and reimagined Apple Fifth Avenue store in New York, US, September 19, 2019. REUTERS/Brendan McDermid/File Photo
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Apple Reportedly Leads Global Smartphone Shipments in 1st Quarter

FILE PHOTO: The Apple logo is seen during the preview of the redesigned and reimagined Apple Fifth Avenue store in New York, US, September 19, 2019. REUTERS/Brendan McDermid/File Photo
FILE PHOTO: The Apple logo is seen during the preview of the redesigned and reimagined Apple Fifth Avenue store in New York, US, September 19, 2019. REUTERS/Brendan McDermid/File Photo

iPhone-maker Apple led smartphone shipments in the first quarter, growing 5% year-on-year, ⁠even as overall ⁠global shipments remained ⁠under pressure due to a shortage of memory components and weak consumer sentiment, Counterpoint Research ⁠said ⁠on Friday.

Apple said on Thursday that it will shut down its retail store in Towson, Maryland, the first of its US locations where retail employees successfully unionized in 2022.

It described the decision as "difficult", citing the departure of several retailers and worsening conditions at the Towson Town Center mall as key reasons for the closure.

Apple said Towson employees will ⁠be eligible to ⁠apply for open roles at the company.

In 2022, more than 100 Apple workers in Towson voted to join the International Association of Machinists & Aerospace Workers (IAM) union, marking a milestone ⁠for unionization at major US corporations such as Amazon.com and Starbucks.

Around the same time, a similar union drive in Atlanta was withdrawn, with Apple workers alleging intimidation.

Technology

Saudi Day of Digital Transformation and AI at World Bank Focuses on Global AI Governance

The Saudi Data and Artificial Intelligence Authority (SDAIA) and the Digital Government Authority, in cooperation with the World Bank Group, organized the “Saudi Day of Digital Transformation and Artificial Intelligence. (SPA)
The Saudi Data and Artificial Intelligence Authority (SDAIA) and the Digital Government Authority, in cooperation with the World Bank Group, organized the “Saudi Day of Digital Transformation and Artificial Intelligence. (SPA)
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Saudi Day of Digital Transformation and AI at World Bank Focuses on Global AI Governance

The Saudi Data and Artificial Intelligence Authority (SDAIA) and the Digital Government Authority, in cooperation with the World Bank Group, organized the “Saudi Day of Digital Transformation and Artificial Intelligence. (SPA)
The Saudi Data and Artificial Intelligence Authority (SDAIA) and the Digital Government Authority, in cooperation with the World Bank Group, organized the “Saudi Day of Digital Transformation and Artificial Intelligence. (SPA)

The Saudi Data and Artificial Intelligence Authority (SDAIA) and the Digital Government Authority, in cooperation with the World Bank Group, organized the “Saudi Day of Digital Transformation and Artificial Intelligence” on Thursday at the World Bank Group headquarters in Washington.

The event brought together speakers from government entities, international experts, and academics, the Saudi Press Agency reported on Friday.

The event aimed to exchange expertise and best practices in AI and digital transformation, strengthen institutional cooperation, and review the latest initiatives and technologies supporting the development and efficiency of government services, thereby reinforcing the Kingdom’s global standing and leadership.

The sessions discussed the future of AI governance worldwide, prospects for developing regulatory frameworks, and the importance of expanding international cooperation to advance ethical and trustworthy practices for AI applications.

During the event, the Kingdom also highlighted several of its achievements in digital transformation, data, and AI.