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Bloomberg
2 days ago
- Business
- Bloomberg
TikTok Cuts More Workers From US E-Commerce Division
TikTok is cutting more workers from its US e-commerce division, TikTok Shop, the third round of layoffs for that team since April. 'As the TikTok Shop business evolves, we regularly review our operations to ensure long-term success,' a spokesperson for the video-sharing app said in a statement Wednesday. 'We've made the difficult decision to adjust parts of our team to better align with strategic priorities.' TikTok didn't respond to the question of how many people are being cut.
South China Morning Post
31-05-2025
- Business
- South China Morning Post
As Japan's rice prices soar, scammers cash in on hunger for cheap deals
Japan 's consumer affairs centre has called on people grappling with soaring rice prices to beware of websites claiming to sell the staple at heavily discounted prices. The National Consumer Affairs Centre of Japan said complaints related to such websites have spiked since March, with some claiming the rice was never delivered though payment had been made. Some cases reported last month include a man in his twenties who bought 20kg (44lbs) of rice on a website with a credit card but did not receive an email confirming completion of the order. He called a phone number on the website only to find it not in service, the centre said. Japanese Agriculture, Forestry and Fisheries Minister Shinjiro Koizumi visits a warehouse stockpiling the government's reserve rice in Kanagawa prefecture on Thursday. Photo: Kyodo A woman in her fifties said she ordered 5kg (11lbs) of rice at 3,899 yen (US$27) via an advertisement on a video-sharing app but only received an email with a receipt for a pair of sunglasses priced at the same amount.
