Thursday, September 28, 2023

How TikTok Shop's growth in Indonesia, meant to be a template for a global expansion, ended in a ban amid backlash from rivals and an "activist" minister (Bloomberg)

Bloomberg:
How TikTok Shop's growth in Indonesia, meant to be a template for a global expansion, ended in a ban amid backlash from rivals and an “activist” minister  —  - Company ordered to split off TikTok Shop in its No. 1 market  — Indonesia puts pressure on TikTok to protect local merchants



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UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center buildout across Europe, the US, and the Asia Pacific (Mauro Orru/Wall Street Journal)

Mauro Orru / Wall Street Journal : UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center bui...