Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
Pentagon and Anthropic Clash Over AI Safeguards in National Security Use 
NRW Holdings Shares Surge After Securing Major Rio Tinto Contract and New Project Wins 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz 
Hyundai Motor Lets Russia Plant Buyback Option Expire Amid Ongoing Ukraine War 
Asian Currencies Strengthen as Indian Rupee and Australian Dollar Rally 
Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report 
S&P 500 Rises as AI Stocks and Small Caps Rally on Strong Earnings Outlook 
Using the Economic Calendar to Reduce Surprise Driven Losses in Forex 
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Meta Stock Surges After Q4 2025 Earnings Beat and Strong Q1 2026 Revenue Outlook Despite Higher Capex 
Dollar Steady as Fed Nomination and Japanese Election Shape Currency Markets 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
ByteDance taps TikTok CEO Shou Zi Chew to steer Lemon8, its fresh social media app, amid a corporate reshuffle and escalating tension between TikTok and the West. Launched in February, the lifestyle-oriented Lemon8 has surged into the top 10 US app downloads, impressing users and industry insiders alike.
Meanwhile, the reorganization required Shanghai-based Lemon8 head, Stephanie Cheng, to relocate to Singapore and now report to Chew instead of ByteDance executive Alex Zhu.
Lemon8, a video and photo-sharing platform similar to Pinterest and Instagram, was launched in the US and UK just last February but is now among the top 10 most downloaded apps in the US app stores, with nearly 1 million downloads from late March to early April alone.
Due to the tension between TikTok and Western countries, people perceive that TikTok owner ByteDance might be grooming Lemon8 to rival Instagram,
Lemon8 is popular with users who share lifestyle content related to food, travel, beauty, and wellness.
There have been reports of phony brand accounts, and major brands have not yet been reported on the Lemon8 app.
Despite this, a lot of people who work in the culinary industry, including Tony Bisciglia, a co-owner of the restaurant 1033 in Milwaukee, Wisconsin, believe the app will help him promote his establishment.
According to Bisciglia, he thinks Lemon8 has the potential to greatly increase the awareness of his company.
He said that with Lemon8, they could introduce a larger audience to their distinctive wine and cuisine products.
Bisciglia added that customers could find their restaurant and share their experiences with others easily thanks to the app's user-friendly UI and social media integration. Lemon8 was created primarily to assist businesses in increasing their visibility and establishing connections with potential clients.
ByteDance, known for its TikTok app, owns the globally popular video-editing platform CapCut.
Since CapCut's international launch in 2020, its popularity and brand recognition have both skyrocketed in tandem with TikTok. As it works with Instagram and other platforms, it is also popular with non-TikTok users.
Photo: Solen Feyissa/Unsplash
