In today's ExchangeWire news digest: TikTok collaborates with TalkShopLive to launch live shopping in North America; Malaysia's Digital Economy Corporation faces an investigation into false claims; and mounting scandals in Singapore rock the nation's reputation as a 'crypto paradise'.
ByteDance’s TikTok is set to enter a partnership with TalkShopLive to bring its live shopping feature to North America. The LA-based company will provide technological support for live streams on the platform in which brands, retailers, and influencers can sell products directly on TikTok.
According to The Financial Times, the arrangements of the collaboration are yet to be finalised.
Malaysia’s anti-corruption commission (MACC) has launched a probe into the country’s Digital Economy Corporation (MDEC) over false claims. The investigation concerns two undisclosed companies who were paid by MDEC in false claims amounting to USD$4.9m (42.5m). The funds were supposedly to be used to conduct training programmes at both companies although no training was carried out.
A growing list of scandals and high-profile collapses in Singapore’s tech market has tarnished regard for the country, according to The Financial Times. The nation had previously been regarded as a haven for crypto firms and investors, thanks to its stability,...
Kolkata: Kolkata Police has been grappling with a fresh challenge since the past week — controlling fake news. While it initially started with fake circulars, beginning with "restrictions" on cert...