TikTok is back online — but it may never be the same
The Trump & TikTok Saga: A Temporary Respite or a Looming Exodus?
TikTok Pause: Trump's Executive Order
President Trump has signed an executive order pausing the enforcement of the TikTok ban for 75 days. However, uncertainty remains as the threat of a ban and the potential departure of users loom large.
"It's the latest development in a dramatic saga that saw TikTok shut down for US users late Saturday," writes the article.
RedNote and the US-China Cultural Exchange
In the wake of the potential ban, TikTok creators and users flocked to alternative apps, including RedNote, a China-based competitor. This has led to a mass-scale cultural exchange between the US and China.
"Some of those users may never come back to TikTok," the article notes.
Doubts Lingering Despite TikTok's Reinstatement
While TikTok's reinstatement is a temporary respite, the underlying threat of a ban could prompt some users to abandon scrolling culture altogether.
"The relief, too, might be premature: the law banning TikTok has not gone away," the article warns.
Artificial Intelligence at Davos
Agentic AI and the Consulting Industry
Dan DeFrancesco reports from the World Economic Forum's annual conference in Davos, where artificial intelligence and its implications are top of mind.
"Consultants are one group that could see a massive shake-up from leveraging these AI buddies," writes DeFrancesco.
Market Headlines
- Bitcoin rallies: Surpassed $109,000 before sliding back above $105,000 on Inauguration Day.
- Stock market bubble warning: Legendary investor Bill Smead predicts a correction in the next three years due to rising Treasury yields.
- Hot jobs in private credit: Recruiters reveal the most sought-after roles in the competitive sector.
Tech Trends
- Silicon Valley's "Red Scare": Paranoia about Chinese spies leads to talent exodus amid AI talent shortage.
- Nvidia's autonomous vehicle ambitions: CEO Jensen Huang pitches the company's self-driving car technology at CES.
- Tech leaders at Trump's inauguration: Elon Musk, Mark Zuckerberg, and Jeff Bezos graced the inaugural platform.
Business Buzz
- Palm Beach party scene: Trump's Florida outpost experiences a resurgence in business and nightlife.
- Mall revival: Gen Z drives a resurgence in high-end shopping and social gatherings at malls.
- DOGE lawsuits: Progressive organizations allege the meme coin violates transparency and membership requirements.
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The Insider Today team: Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Elizabeth Casolo, and Lisa Ryan.