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TikTok CEO Appears Before US Congress. China Says it Will Oppose Any Forced Sale of the Company.

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On Thursday, the CEO of TikTok, Shou Zi Chew appeared before US Congress. Prior to his appearance, the Chinese government said it would strongly oppose any forced sale of the high-impact social media company.

Commerce Ministry spokeswoman Shu Jueting said forcing a sale of TikTok would seriously damage the confidence of investors from all over the world, including China, to invest in the United States.

President Joe Biden’s administration recently applied pressure to TikTok’s Beijing-based owner, ByteDance, to sell the company. Lawmakers in Washington have argued that TikTok’s unclear algorithms could be used to promote pro-Beijing messaging to millions of users, and have voiced concerns that TikTok’s ownership makes it easy for the company to turn over user data to the Chinese government. Because a sale of the company would involve technology export issues, it would need the approval of the Chinese government and compliance with Chinese law, Shu said. “The Chinese government will make a decision in accordance with the law,” she said.

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According to ByteDance, 60 percent of TikTok’s shares are owned by large international investors and the other 40 percent are owned by the company’s founders and employees. Members of Congress on Thursday made the argument that China’s official resistance was an indication that the Chinese Communist Party owns the company, which TikTok has repeatedly denied.

Around the world, including in the Caribbean region, TikTok influencer marketing has take off, with many major brands utilizing personal user generated content to promote their brands and products.

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Ebuzz News

Rihanna Makes it to The Olympics.

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Barbados’ gem, Rihanna will be gracing the 2024 Paris Olympics.

No. She isn’t on the relay team, nor is she participating in the shot put event, but she’s sure about to spice up the faces of the athletes who will.

On Thursday, the ‘Love on the Brain’ singer announced that she’d sealed a deal with the 2024 Paris Olympics. “Tried to tell y’all… we outside all 2024!!! PROUD to announce that @FentyBeauty is a premium partner of the Olympic AND Paralympic Games baby!!! #FentyxParis2024,” wrote the global superstar, beneath a photo post.

According to reports, the Fenty Beauty/ Paris Olympics deal is a multi-million dollar, first of its kind deal that will see Rihanna’s Fenty Beauty brand, provide the glam and beauty for those participating in the 2024 Olympics.

Rihanna recently unveiled her her Fenty Hair brand. The product reviews have been pretty good and it is likely that the boss mom will continue her upward trajectory in the business world.

According to a press release, Fenty Beauty will provide makeup kits and tutorials for 600 volunteers between the ages of 18 and 21 who will present medals at the games. The kit will include popular Fenty Beauty products including the Gloss Bomb Universal Lip Luminizer and the Eaze Drop Lit All-Over Glow Enhancer.

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Island Lime Magazine Set to Take Caribbean Energy to Global Heights.

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Both hard copy and digital, IslandLime Magazine’s on a mission. In the ever-expanding world that we now occupy, efforts continue to share the most authentic Caribbean energy, with everyone outside the Diaspora. It’s not a new idea but the man behind it has all the gumption it takes to make it make sense.

Simon Baptiste believes in the Caribbean potential.

Simon Baptiste says his team’s vision is to create a global platform that allows for the stories of Caribbean creators and creatives, to be shared with people around the world – people who are anxious to discover more about the heartbeat of the region. “Although we recognize the importance of what goes on within our region, there are also hundreds of tales – fiction and non fiction, being crafted by islanders in territories that stretch from North America ti Australia,” he said in a recent Ebuzztt chat. “It’s our job to reveal the players and the art.”

The magazine’s official launch took place on July 4th in Port- of- Spain, Trinidad and featured performances by Key DeVere and John G. In the aftermath of the launch, Simon issued a statement, thanking folks who came out in support. He explained that the rationale behind delivering the project now, lies in understanding that we – the Caribbean people, built nations. “A chain of over 700 islands, encompassing 1,063,000 square miles, has produced incomparable talent- people who have left and continue to leave an indelible mark on art, fashion, music, literature, entertainment, sports, science and technology,” he wrote. Baptiste praised his people, adding, “From Capitol Hill, to working spaces in Nairobi, to the offices of an advertising agency, Down Under, you’ll find someone who has island roots, and spreads the philosophy of what makes the Caribbean and its people so unbelievably spectacular.”

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