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‘I don't have any plans, not even thinking about it': Trump on feud with Elon Musk

‘I don't have any plans, not even thinking about it': Trump on feud with Elon Musk

Time of India14 hours ago

US President Donald Trump, speaking aboard Air Force One enroute to Bedminster, responded to questions about his public feud with Elon Musk. Referring to Musk as a 'friend turned foe,' Trump made it clear he has no plans to reconcile with the Tesla CEO. He said, 'I don't have any plans, somebody who has made a mistake…I am not even thinking about that,' signaling a firm stance and deepening rift between the two high-profile figures.#TrumpMuskFeud #ElonMusk #DonaldTrump #TechNews #PoliticalNews #MuskTrumpConflict #AirForceOne #BreakingNews #Tesla #USPolitics
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China leaders take reins at TikTok Shop in US as sales miss goal
China leaders take reins at TikTok Shop in US as sales miss goal

Time of India

time21 minutes ago

  • Time of India

China leaders take reins at TikTok Shop in US as sales miss goal

ByteDance Ltd., TikTok 's parent company, has been replacing US-hired staff near Seattle with leaders connected to China, aiming to replicate its e-commerce success in Asia after sales fell short in America. TikTok Shop initially set a goal to increase its US e-commerce business tenfold last year to $17.5 billion in transaction volume, but the company had to drastically lower that goal, according to people familiar with the plan who spoke on condition of anonymity because they were not authorized to talk publicly. TikTok established its Shop business in the Seattle area near Inc., the online retail giant it was aiming to displace. Meetings that used to be held in English are now often conducted in Mandarin and managers increasingly write in Chinese when communicating on Feishu, ByteDance's internal Slack-like app, with English-speaking staff forced to rely on the built-in translation function. More than 100 TikTok Shop employees in the US have been fired or have left amid confusion between leaders that has worsened the work environment, according to people familiar with the company. The cultural transition taking place in the company coincides with its fight for survival in the US — due mainly to the app's Chinese ties. A national security law passed by Congress last year requires TikTok's US business to be spun off from its Chinese parent company or it will face a ban. Lawmakers warned that TikTok's ties to China pose a threat to the safety and security of American users. President Donald Trump has twice delayed the ban — with legal assurances from his attorney general — and another deadline for divestiture looms later this month, though that might also be extended, Wall Street Journal has reported. ByteDance has said it doesn't intend to sell. The TikTok Shop near Seattle in February began requiring workers to be in the office five days a week for eight hours a day, according to a memo reviewed by Bloomberg. The change is in contrast to some other major tech companies that still offer flexible work schedules, and has been particularly burdensome for employees who often join late-night calls with colleagues in Asia after they leave the office, according to former employees. US-based staff require human resources and manager pre-approval to work from home. The changes were introduced after Bob Kang, China-based global head of TikTok's e-commerce division, visited the office in Bellevue, Washington, earlier this year and found there weren't enough staff pressent on a work day, according to multiple people who spoke on the condition of anonymity for fear of retaliation. Increasing influence Increasing Chinese influence over TikTok's fastest-growing business may raise questions about its previous corporate promise to distance the US operation from China. After Trump initially tried to ban the app during his first term, the company announced a security plan dubbed 'Project Texas' and vowed to wall off the app's US data and operations from any Chinese oversight. TikTok Shop is the biggest source of revenue for the video-sharing app besides advertising, and it has become a major investment area for ByteDance. Adding full-scale commerce to its eye-catching content and popular influencers sets it apart from rivals like Instagram and YouTube. The company still aims to challenge Amazon in major markets. To better compete, TikTok Shop recruited aggressively near Seattle over the past three years, targeting people with experience at Amazon, according to a review of Linkedin profiles and people who worked at both companies. In some corners of TikTok's Bellevue office of roughly 1,000 employees, the workflow felt like a remix of previous Amazon teams, the people said. But since January, growing tension in the teams below Kang and Nico Le Bourgeois, who oversaw TikTok's e-commerce operations in the US, became a distraction for staff who were often unsure about whose orders to follow, the people said. TikTok's uncertain fate in the US also weighed on morale. The company carried out a round of layoffs in April. A second batch followed in May. In the first round, Le Bourgeois was demoted when Mu Qing, a Chinese executive from ByteDance's e-commerce platform Douyin moved to the Seattle area to run TikTok Shop in the US. After the second bout, Mu sent an internal message saying Le Bourgeois was leaving to pursue other opportunities, according to a copy of the message seen by Bloomberg. Those cuts were intended to improve TikTok's 'efficiency,' according to former employees, though it wasn't clear to staff what factors contributed to a worker's efficiency rating. More like Douyin With these changes, ByteDance leaders are bringing in people who are familiar with what worked for the company in China, where Douyin, its TikTok clone for the Chinese market, has evolved into a $490 billion shopping phenomenon. In addition to Mu, who was the head of Douyin's e-commerce, six other leaders with Chinese backgrounds were appointed in April, according to a different internal memo from Kang viewed by Bloomberg. One challenge is that habits of many American users trend toward passive TikTok scrolling as opposed to making purchases in the app. Some US sellers told Bloomberg that they have also been reluctant to invest in the platform, given the possible ban. The final tally for 2024 sales came in at around $9 billion, according to an estimate by Singapore-based consultancy Momentum Works, far below the internal goal of $17.5 billion in transaction volume. A TikTok spokesperson previously called the $17.5 billion internal goal 'inaccurate.' TikTok Shop's US struggles haven't halted the company's global shopping ambitions. ByteDance in 2021 rolled out e-commerce services in countries including Indonesia, Vietnam and the UK. In Southeast Asia, it's already the region's biggest shopping platform after Shopee, according to Momentum Works. Last year, TikTok Shop opened in five countries in Europe, including Germany and Spain. The Europe expansion was delayed because the company first prioritised US growth, Bloomberg reported. A TikTok spokesperson did not respond to an emailed request for comment for this story. This is a crucial month for TikTok in the US. The company will host merchants and creators in Los Angeles next week for a summit featuring some of the new leaders of the e-commerce unit. The current deadline for ByteDance to sell the TikTok's US operation is June 19 and there have been several interested suitors. The company came close to a possible spin-off in April to a consortium of investors that included Oracle Corp., but the deal was scuttled in part because of Trump's trade war with China. Meanwhile, the churn of e-commerce employment continues in the Seattle area. Current and former TikTok Shop employees told Bloomberg that they get hounded by recruiting messages from Temu , another Chinese e-commerce competitor.

Here's how FBI director Kash Patel got to know about the Donald Trump-Elon Musk ‘big' public fight
Here's how FBI director Kash Patel got to know about the Donald Trump-Elon Musk ‘big' public fight

Time of India

time27 minutes ago

  • Time of India

Here's how FBI director Kash Patel got to know about the Donald Trump-Elon Musk ‘big' public fight

FBI Director Kash Patel learned about the public dispute between US President Donald Trump and Tesla CEO Elon Musk during the taping of a Joe Rogan podcast . During the podcast, Patel was specifically informed about Musk's accusation linking Trump to the 'Epstein Files.' Patel, who has recently faced criticism from some supporters for distancing himself from conspiracy theories related to Jeffrey Epstein since becoming FBI director, appeared surprised by the tech billionaire's tweets about Trump's past association with Epstein. The interaction occurred as the relationship between Trump and Musk, who is a significant financial supporter of Trump's campaign and a figure in the Department of Government Efficiency (DOGE), experienced a notable public breakdown earlier this week. Rogan paused his interview with Patel to inform the FBI chief of Musk's statements. What the FBI director Kash Patel said about the Trump-Musk dispute on Joe Rogan's podcast 'That's way outside my lane,' Patel noted, as Rogan asked, 'what the f**k' was going on between the president and his former 'first buddy.' About an hour into The Joe Rogan Experience recording, Musk responded to Trump's remark that he was 'disappointed' by the Tesla CEO's continued criticisms of the 'Big, Beautiful Bill' that Republicans are working to pass. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025: Steel Suppliers From Mexico At Lowest Prices (Take A Look) Steel Suppliers | search ads Search Now Undo After Musk's recent departure from the administration as a 'special government employee,' the tech mogul has become more vocal in opposing the president's legislation, arguing that it would 'bankrupt' the country. Shortly before Musk shared his X post, Patel had spent a large part of his Rogan interview trying to convince the conspiracy-minded podcast host that Epstein did commit suicide. Patel and his deputy director, Dan Bongino, both of whom had previously supported the idea that Epstein was murdered in jail, have faced criticism from right-wing influencers for now stating that the available evidence points to Epstein taking his own life. As Rogan began speculating whether Patel and the FBI had footage of Epstein's island residence, the show's producer interrupted to inform them that Musk had just made his allegation about Trump. What to Expect at WWDC 2025: iOS 19, AI, M4 Macs & More AI Masterclass for Students. Upskill Young Ones Today!– Join Now

Trump-Musk breakup: Late-night hosts mock feud with sharp jokes, from ‘Love Island' jabs to ‘World War Douche' digs
Trump-Musk breakup: Late-night hosts mock feud with sharp jokes, from ‘Love Island' jabs to ‘World War Douche' digs

Mint

time30 minutes ago

  • Mint

Trump-Musk breakup: Late-night hosts mock feud with sharp jokes, from ‘Love Island' jabs to ‘World War Douche' digs

As the public feud between Donald Trump and Elon Musk took over headlines, late-night talk show hosts wasted no time tearing into the drama. With sharp wit and signature sarcasm, Jimmy Fallon, Stephen Colbert, and Michael Kosta each offered their take on the bizarre fallout between the U.S. President and the billionaire tech mogul. Jimmy Fallon, on The Tonight Show, compared the once-friendly duo to a crumbling reality show couple. 'Things have taken a shocking turn with one of the hottest couples on 'Love Island'. Of course, I am talking about Donald Trump and Elon Musk. Trump and Elon has been brutally attacking each other all day. Seriously their relationship went off a cliff faster than a self-driving Tesla. I'm not saying its bad but right now Blake Lively and Justin Baldoni are like, "Guys, take it easy. This is getting out of hand." He added, 'Today, Trump posted on social media that he asked Elon to leave and Elon went crazy. Just so we're clear, Trump thinks everything Elon did before this was not crazy? I can't believe their relationship fell apart this fast. A week ago they were all over each other, like Timothee Chalamet and Kylie Jenner at a Knicks Game.' Stephen Colbert, on The Late Show, described the feud as a "full-scale flame war" between 'the world's most famous besties.' Colbert quipped, 'A full scale flame war has broken out between the world's most famous besties - Donald Trump and Elon Musk. Here is where we stand. Musk spent all day yesterday slamming Trump's 'big, beautiful bill' to his 200 million followers on X. What's most impressive is that only half of those are his kids. Trump held his return fire until today in a press conference with German Chancellor. Trump's crack about the electric vehicle stung Elon so much that he wrote, 'Without me, Trump would have lost the election, Dems would control the House and Republic would be 51-49 in the Senate.' He added, "As soon as Trump was done meeting with the German Chancellor, he clapped back - "Elon was 'wearing thin,' I asked him to leave, I took away his EV Mandate that forced everyone to buy Electric Cars that nobody else wanted (that he knew for months I was going to do!), and he just went crazy!" "I'm sorry? Went crazy? Elon has always lived at the geographic centre of insanitude. He is not the Mayor of Crazytown, he is the Governor of 'Off-his-Medsylvania'," Colbert quipped. Michael Kosta of The Daily Show, was just as savage. 'There's been simmering tension between Trump and Musk — the leader of the free world and the breeder of the free world.' He dubbed the fallout 'World War Douche,' adding, 'I thought these two billionaires with the world's biggest egos would work it out amicably.' As Trump and Musk's bromance continues to unravel, it seems the only clear winners here are the late-night comedy writers.

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