As Twitter Fades to X, TikTok Steps Up with New Text-based Posts

 
FILE - A visitor passes the TikTok exhibition stand at the Gamescom computer gaming fair in Cologne, Germany, Aug. 25, 2022. (AP Photo/Martin Meissner, File)
FILE - A visitor passes the TikTok exhibition stand at the Gamescom computer gaming fair in Cologne, Germany, Aug. 25, 2022. (AP Photo/Martin Meissner, File)
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As Twitter Fades to X, TikTok Steps Up with New Text-based Posts

 
FILE - A visitor passes the TikTok exhibition stand at the Gamescom computer gaming fair in Cologne, Germany, Aug. 25, 2022. (AP Photo/Martin Meissner, File)
FILE - A visitor passes the TikTok exhibition stand at the Gamescom computer gaming fair in Cologne, Germany, Aug. 25, 2022. (AP Photo/Martin Meissner, File)

The same day Elon Musk abruptly dropped Twitter’s name and bird logo as part of its supposed transition to an “anything app” called X, TikTok impishly announced it will begin letting its users post — you guessed it — text-based messages.
The popular Chinese-owned app, best known for lip-synced dances, often farcical “challenges” and other short videos, didn’t offer much explanation for the new feature. It did note in a statement that the service is “expanding the boundaries of content creation” by showcasing the written creativity users have previously had to share via comments and video captions, The Associated Press said.
TikTok announced the new feature late Monday.
It wasn't clear to what extent users have embraced text posts in their first full day of availability. That's partly because searching on variations of the term “text post” largely turned up examples of a popular video genre — those focused on text message phone conversations, typically selected for humorous effect. There were also a few brave users offering video explanations on how to make text posts.



Samsung Expects a 56% Drop in Q2 Operating Profit, Far Short of Estimates

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)
The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)
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Samsung Expects a 56% Drop in Q2 Operating Profit, Far Short of Estimates

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)
The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)

Samsung Electronics on Tuesday projected a 56% drop in second-quarter operating profit from a year earlier, missing analysts' estimates by far.

Its chip business struggled with weak sales of artificial intelligence chips, dogged by delays in the supply of its latest chips to Nvidia and continued losses in its contract chip manufacturing business, analysts said.

The world's largest memory chipmaker estimated an operating profit of 4.6 trillion won for the April-June period, versus a 6.2 trillion won LSEG SmartEstimate.

That would compare with 10.4 trillion won in the same period a year earlier and 6.7 trillion won in the preceding quarter.

Revenue would likely fall 0.1% to 74 trillion won from a year earlier, the filing showed.

Samsung is expected to release detailed results, including a breakdown of earnings for each of its businesses, in late July.