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TikTok users flock to Chinese app RedNote as US ban looms

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Business
January 14, 2025
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TikTok users in the US are migrating to a Chinese app called RedNote with the threat of a ban just days away.

The move by users who call themselves “TikTok refugees” has made RedNote the most downloaded app on Apple’s US App Store on Monday.

RedNote is a TikTok competitor popular with young people in China, Taiwan and other Mandarin-speaking populations.

It has about 300 million monthly users and looks like a combination of TikTok and Instagram. It allows users, mostly young urban women, to exchange lifestyle tips from dating to fashion.

Supreme Court justices are due to rule on a law that set a 19 January deadline for TikTok to either sell its US operations or face a ban in the country.

TikTok has repeatedly said that it will not sell its US business and its lawyers have warned that a ban will violate free speech protections for the platform’s 170 million users in the US.

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admin
Business
January 14, 2025
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Spain plans 100% tax for homes bought by non-EU residents

Spain is planning to impose a tax of up to 100% on the value of properties bought by non-residents from countries outside the EU, such as the UK. Announcing the move,…

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Business
January 14, 2025
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Buy something or leave, Starbucks says

Starbucks says it is reversing rules for its cafes in North America that allowed people to use their facilities even if they had not bought anything. The changes, which are…