Enterprise

OnePlus CEO Pete Lau will allegedly move to OPPO, rumor says

But will still serve as OnePlus boss

Published

on

Image source: Pete Lau / Twitter

When OnePlus was founded in 2013, the company has always rallied behind the supervision of its founder and CEO, Pete Lau. Throughout the years, Lau has championed his brand’s upcoming developments and smartphones. Though coming from humble beginnings in Asia, OnePlus is now a globally recognized brand, outing capable flagships year after year.

According to a new rumor released by Ice Universe, Pete Lau will soon balance his OnePlus responsibilities with another function. The OnePlus CEO will allegedly return to OPPO in an unknown capacity.

Prior to his current station as OnePlus’s leader, Lau was an engineer working with OPPO, developing certain products like the company’s CyanogenMod era. As such, Lau’s rumored shift does not mark an unexplored chapter for the CEO. Rather, it’s a return, potentially for a big OPPO project.

Also, perhaps more substantially, the same rumor alleges that Lau will still remain as the OnePlus CEO, despite working for OPPO. Of course, this shouldn’t be a big deal; OnePlus is a subsidiary owned by OPPO. However, it’s still important to ask how Lau will balance both responsibilities if the rumor proves true.

That said, the rumor is still just a rumor. Barring clarification from either party, it can still fade into oblivion without coming to pass. If anything, the rumor is believable enough from a corporate standpoint.

SEE ALSO: OnePlus Z details have leaked and here’s everything

Apps

Facebook wants to acquire Dubsmash to fight TikTok

Snapchat also wanted to get in on it

Published

on

Do you remember Dubsmash? Before TikTok’s meteoric rise, Dubsmash dominated the short-form video format. The platform’s lip-syncing format prototyped TikTok’s current mashup trends. It even facilitated the rise of some celebrities like Maine Mendoza. However, TikTok eventually snatched Dubsmash’s seat atop app rankings. However, despite Dubsmash’s decline, the platform has not disappeared just yet. In particular, Facebook wants to acquire Dubsmash to fight TikTok.

According to The Information’s sources, Facebook and Snap recently expressed interest in buying Dubsmash. Apparently, discussions have already progressed far enough to reach a potential price reaching hundreds of millions of dollars.

Going against The Information’s report, Reuters has reported that Snap had already exited the acquisition talks and dropped all interest. Facebook, however, did not comment.

With TikTok facing tremendous pressure from the American government, the stage is set for a potential upheaval of the short-form video format. On one hand, Microsoft and Twitter are already considering buying out TikTok’s American operations, facilitating TikTok’s continued dominance albeit under new management. In another possibility, Facebook’s Instagram recently launched Instagram Reels, a homegrown alternative to TikTok. Now, Facebook’s interest in Dubsmash expresses a new possibility of reviving a former player to upend TikTok.

Of note, Facebook’s interest coincides with Mark Zuckerberg’s current battle against the government over alleged and proven antitrust practices, including acquiring rival companies to stifle competition.

Regardless, TikTok’s woes has busted the app industry wide open. Who will take over TikTok’s dominance on the boards? Will TikTok even survive?

SEE ALSO: TikTok has collected user information illegally

Continue Reading

Enterprise

TikTok has collected user information illegally

They know who you are

Published

on

For months now, the US has hounded TikTok for potentially enabling Chinese cyber espionage. ByteDance, TikTok’s owner, is a Chinese company, making it a prime target for data collection. Of course, despite the numerous warnings, TikTok’s transgressions have only started appearing en masse recently. Today, a new conspiracy adds another drop to the overflowing bucket. Unfortunately, it’s a big one. Apparently, TikTok has collected user information illegally for over a year. TikTok knows who you are.

Reported by the Wall Street Journal, TikTok collected and sent valuable MAC addresses and advertising IDs to ByteDance until around November of last year. Of note, Google prohibits this questionable practice, banning apps that practice the method. However, TikTok applied a layer of encryption that hid the practice from the Play Store.

For the unfamiliar, MAC addresses are much more valuable than IP address. While IP addresses constantly change, MAC addresses are more difficult to alter. Most users will usually cycle through the lifespan of a device without giving their MAC addresses a second thought. However, the MAC address is an incredibly unique identifier for your device. Only you should ideally have that address. That said, TikTok’s sketchy collection tactic is much weightier than normal.

According to TikTok’s policies now, the platform does not collect these identifiers anymore. However, it doesn’t bode well for long-time TikTok users since last year. At its most docile, the practice likely facilitated advertising opportunities for the platform. However, it is still highly illegal to collect that data without permission. If anything, the report will give cybersecurity pundits more ammo against the already struggling company.

More than a week ago, Trump had already signed a ban against the app, giving the platform only until September 15 to divest its American assets over to an American corporation.

SEE ALSO: French privacy watchdog is now probing TikTok

Continue Reading

Enterprise

Apple’s Tim Cook is now worth a billion dollars

Officially a billionaire

Published

on

A few years ago, Apple earned the highly distinguished status of becoming a trillion-dollar company. Without pausing to catch its breath, the company is already barreling towards the 2-trillion mark. Coinciding with his company’s success, Apple’s Tim Cook is now worth a billion dollars.

According to Bloomberg’s Billionaires Index, Cook’s net worth has just passed the US$ 1 billion mark just as Apple’s shares substantially grew last week. Just recently, the company announced a 4-in-1 split for its stocks due to the success.

The Apple CEO’s new position in the success column is an interesting one. Unlike his peers in the industry, Cook is one of the few CEOs who did not found his own company. The current leader took over the reins from the late Steve Jobs back in 2011. Since then, Apple’s success skyrocketed to its current status today. Back in 2015, amidst all the riches he acquired, Cook promised to give away most of his money to philanthropic endeavors.

Apple’s recent success is a stroke of good news compared to other big tech companies in the US. Last week, the biggest tech CEOs faced an onslaught of antitrust issues surrounding the tech industry. For example, Facebook’s Mark Zuckerberg failed to defend his bullying and acquiring tactics to stomp competitors down. Though surviving this barrage, Apple is currently facing its own set of issues worldwide, including antitrust issues in the EU and a strange branding lawsuit in Canada.

If the current trend continues, Apple is set to ascend even further up the ranks of tech companies in the near future.

SEE ALSO:

Continue Reading

Trending