Share this page!

Srinivasan G Profile picture
Twitter logo
10 Oct, 5 tweets, 2 min read
@tiktok_us @BytedanceTalk #TikTok #Bytedance #ZhangYiming

One of the mysteries of the TikTok ban saga is why Zhang Yiming, CEO of Tiktok’s owner ByteDance, wasn’t better prepared for the Trump administration’s onslaught
Zhang was not focused on international politics. And the company didn’t staff up to meet the potential challenges.

As of 2018, ByteDance executives in China were managing TikTok’s global expansion.
Some of the company’s employees in Beijing were tasked with analyzing potential regulatory and legal risks in foreign markets where TikTok operated. But most of those employees on that team didn’t have any real-world experiences related to policy or legal issues...
... according to former employees who interacted with them.

It’s a reminder that understanding technology and consumer tastes aren’t enough for successful companies...
... at least those who want to expand globally. Meanwhile, the TikTok saga continues with no resolution in sight before the election.

Credits @Jessicalessin

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Srinivasan G

Srinivasan G Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @srinicaps

Srinivasan G Profile picture
12 Oct
How Digitization & E-Stamping Make Documentation Easy?

Paying stamp duty has become an integral part of any transaction you do in India

E-stamp online papers are easily available with the banks and other distributor vendors that have been licensed to sell e-stamps.
Top 4 Benefits of taking stamp paper online
1) Fast documentation
2) No Fraud
3) No shortages in paper
4) Going Paperless

But do you know why India decided to go E Stamping in a large way back in 2004 , it’s because of Abdul Karim Telgi
Who was Abdul Karim Telgi ?
on 19 August 2000, in Bengaluru’s Cottonpet, Police arrested two men who were transporting fake stamps papers, During the interrogation, these men spilled the beans about a network supplying these fake documents, resulting in raids across Bengaluru.
Read 9 tweets
Srinivasan G Profile picture
10 Oct
#Instakart @gopuff @DoorDash #Gopuff #Doordash

Instacart and GoPuff each announced new fundraisings this week , a sign that food-delivery services are arming themselves with plenty of cash for what looks to be a winter of intense competition.
Instacart, which became the market leader during the pandemic, raised $200 million at a valuation of $17.7 billion. That’s a sizable increase from just four months ago, when Instacart raised $225 million at a valuation of $13.5 billion.
Meanwhile, GoPuff, the Philadelphia-based firm known for delivering convenience store items, raised $380 million at a $3.9 billion valuation.

It plans to expand the range of items it delivers to include grocery items, over-the-counter medicines and baby and pet products.
Read 5 tweets
Srinivasan G Profile picture
21 Sep
#MarkZuckerberg in an interview with #MarquesBrownlee said the following

1. Facebook’s investment in AR and VR
“Our company is probably investing the most in virtual and augmented reality of anyone else in the world,” Zuckerberg told Brownlee.
They went on to discuss a lot about AR as opposed to VR, and the ways in which Facebook are working toward the eventual goal of producing AR glasses. “We have thousands of people working on [AR]  at Facebook,” said Zuckerberg. “Because I just do think this is going to be the ...
next computing platform, even if it takes several years to get there.”

2. Holographic TVs?
“Once we have really good, mature AR glasses, we won’t even necessarily need other kinds of screens anymore,” said Zuckerberg.
Read 16 tweets
Srinivasan G Profile picture
18 Sep
@BytedanceTalk #ByteDance hopes of getting #PresidentTrump approval for its proposed deal with @Oracle #oracle appear to be dwindling by the day, judging by the blizzard of media reports about the debate going on inside the Trump administration.
That raises the prospect that ByteDance will have to accept a less favorable deal by yielding control of the app to some conglomeration of @Walmart #Walmart , Oracle, ByteDance’s U.S. #VentureCapital shareholders and maybe public investors in the U.S. through an #IPO
The #Chinese government might still block this option, killing the deal entirely. But assume for a moment they approve it. What happens to @tiktok_us #TikTok afterwards? To answer that, consider how you would have reacted if four months ago ByteDance had decided to sell TikTok...
Read 6 tweets
Srinivasan G Profile picture
17 Sep
#DowJones #NASDAQ #SP500

Leadership has changed in the markets

Since the March lows, tech, specifically cloud-based tech has lead the markets higher. Companies like #Square #SQ have more than tripled in share price while the S&P 500 is up 40%
However, in the last few weeks this has changed. Former market leaders like #SQ or #Shopify #SHOP have been trading sideways

Meanwhile, industrial plays like @FM_FCX #FreeportMcmoran #FCX and #JohnDeere #DE have barely corrected at all, soaring to new highs.
The market is sensing that the next major move will be driven by fiscal spending and the @realDonaldTrump #Trump administration’s coming infrastructure program
Read 4 tweets
Srinivasan G Profile picture
16 Sep
@Oracle may not have been one of the biggest beneficiaries of the tech stocks rally in 2020 year of the pandemic
But @Oracle is certainly on its way to create a Billion-Dollar Cloud Customers in @zoom_us and @tiktok_us
Customers are picking #OracleCloud Infrastructure and the #Oracle Autonomous Database for very basic and very obvious reasons: much better security, much better reliability, much better performance and dramatically lower cost than @awscloud
And that's why many customers are moving entirely from @awscloud onto the Oracle Cloud. In fact, there is not a major video conferencing company that isn't talking to Oracle about moving to the Oracle Cloud.

With large accounts like #Zoom and #TikTok already in its bag
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

Like this author's thread?

Get email notifications when new thread is out from this Author!

Check out other threads from this Author!

Read all threads by @srinicaps