Social media

Report: TikTok weighs direct shopping for users

In this image, a phone screen with Facebook and another with TikTok are displayed
Facebook and TikTok logos. Photo: Jakub Porzycki/NurPhoto via Getty Images

TikTok may add a direct shopping tool for users as it secures big advertisers like Walmart, Nike and Asos, the Financial Times reports.

The big picture: Blake Chandlee, the app's vice president of global business solutions, told the Times that the app's current growth stage is "very similar" to when he joined Facebook in 2007.

Pelosi's push to remove Big Tech protections in USMCA

Photo: Juan Carlos Lucas/NurPhoto via Getty Images

"House Speaker Nancy Pelosi is pushing to strip out sweeping legal protections for online content in the new trade pact with Mexico and Canada, in what would be a blow for big technology companies," the Wall Street Journal reports.

The big picture: There is ongoing debate over exporting the all-important Section 230 provision of the 1996 Communications Decency Act — which protects Facebook, Google and other platforms from legal responsibility for harmful content that its users post — across North America in a trade agreement.