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Rani Molla

TikTok had a music subscription service and it’s shutting down

Good-bye TikTok Music, we hardly new ye (existed). TikTok launched the music subscription service last year, hoping to channel its ability to make songs go viral into another revenue source. The Spotify and Apple Music competitor, which was only available in Indonesia, Brazil, Australia, Singapore, and Mexico, will shutter in November. Instead TikTok said it will focus on its “Add To Music App” feature, which lets uses save tracks they find on TikTok to other music streaming services. Meanwhile, in the US, TikTok’s main app is fighting for its life.

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Ford Announces Plans For New Electric-Vehicle Battery Plant

Ford’s leaving the door open for a Chinese automaker collaboration, says RBC

US lawmakers have raced to introduce legislation to lock in restrictions on cheaper Chinese vehicles and parts ahead of the Trump-Xi meeting in May.

Airlines Cut Flights As Concerns Grow Over Jet Fuel Prices And Shortages

The 6 biggest US airlines spent $1.2 billion more on fuel in Q1, and things are about to get worse

Carriers expect to pay about $4.26 per gallon for jet fuel in Q2, up from $2.80 in Q1.

what3words

What3words is a simple and genius idea with one of the worst business models of all time

What3words is crowdfunding for new shareholders... and seeking exits for current ones.

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