Weekly Update- December 6

1. Why TikTok Draws Sellers

Social Media?

Amazon sellers are turning to TikTok Shop due to the platform's popularity among younger shoppers. It benefits small sellers with its viral trends and subsidies (free shipping, boost affordability), but proposed bans raise concerns about losing this lucrative sales channel.?

2. Microsoft Faces $1.25B UK Lawsuit

Tech and Regulations

Microsoft is facing a $1.25 billion antitrust lawsuit in the UK. The claim accuses Microsoft of charging more to customers using AWS, Google Cloud, and Alibaba Cloud compared to those using Azure. If successful, thousands of UK businesses could receive compensation.

3. ChatGPT Faces Rising Competition

AI Innovation

ChatGPT leads the AI chatbot market with 200 million weekly users, but competitors like Google’s Gemini, Anthropic’s Claude and Microsoft’s Copilot aren’t far behind. Apple is adding ChatGPT to its devices and Amazon is investing in Anthropic. Meanwhile, Google faces legal challenges that could threaten its dominance.

4. Bluesky Hits 24M Users

Social Media

Bluesky, with over 24.4 million users, positions itself as a "new social web" to foster global, non-partisan conversation. It rejects traditional advertising models, focusing on user control over data and subscription-based features. While expanding its features, it avoids intrusive ads, promoting organic growth and authenticity.