Limy's tech aims to show brands how AI agents are driving sales for their businesses - and optimize AI to drive even more sales. Limy integrates directly with a brand's content delivery software to detect when AI agents visit that advertiser's site and which prompts led to a purchase. Based on these insights, brands can improve how they show up in popular large language models by allocating more ad spend to specific prompts that perform better among agents.
The TikTok divestment deal is done, and the company's CEO is jubilant. On Thursday, TikTok's top boss, Shou Chew, sent a message to US staffers, toasting the "great news" and thanking them for their "resilience." He also announced that "more than 200 million Americans now come to TikTok to be entertained, learn, and grow their business with a broader global community." Chew has good reason to take a victory lap.
After months of negotiations, TikTok finalized a deal with several US-based investors days before the next deadline, after which TikTok would have allegedly been banned in the US. Today, TikTok was finally divested from ByteDance, which retains a 20% stake, while the other 80% is split between Oracle, Silver Lake, MGX and others. Each of those three companies gets a 15% stake.
Unfortunately, the new challenger is a wearable AI pin with cameras, mics and... zero interest from me. According to a report from The Information, it'll resemble a slightly thicker AirTag with an aluminum and glass exterior. The report suggests it'll have two cameras (standard and wide-angle) for photos and video. It may also have three microphones and a (swoon) physical button. I love a physical button.
The United States and China have reached a framework agreement to transfer TikTok's ownership to US control. Officials from both countries made the announcement on Monday. list of 4 itemsend of list The short-form video app was set to be banned in the US by Wednesday if its owner ByteDance did not agree to sell the company to a US-based operation or if the US did not extend a pause of the ban, which the White House has already done three times, most recently in June.