• Musical.ly, a Chinese App Big in the U.S., Sells for $1 Billion - The New York Times
    https://www.nytimes.com/2017/11/10/business/dealbook/musically-sold-app-video.html

    SHANGHAI — The only Chinese social media company to build a major network outside China will be taken over by a fast-growing Chinese upstart.

    Musical.ly, a video-based social network popular with teenagers in the United States and Europe, is being sold for between $800 million and $1 billion to Bytedance, the company that controls the Chinese news aggregator Toutiao, according to a person familiar with the matter.

    The deal knits together Toutiao’s 120 million Chinese users with the roughly 60 million who use Musical.ly in the United States and Europe, ultimately linking a platform in China with a more global one.

    Musical.ly will continue to operate a separate product, according to a statement on the deal, though the two companies will cooperate closely.

    Despite the dominance of established social media services like Facebook and Snap, Musical.ly rose to prominence among a teenage and tween audience by enabling users to record quick videos set to music. Young users of the app performed coordinated dance moves or lip-synced to the music.

    #Musical.ly #Médias_sociaux #Concentration

  • In One Hour, Alibaba’s Singles Day Sales Hit $10 Billion - The New York Times
    https://www.nytimes.com/2017/11/10/business/alibaba-singles-day.html

    Singles Day — the frenzied annual celebration of consumption and commerce that is China’s much larger version of Black Friday — began as a protest of sorts against Valentine’s Day, propelled by college students in the 1990s.

    The event’s date, written numerically as 11/11, was associated with unattached singles, known as “bare sticks.”

    This year’s shopping festival entered new territory, blazing past $1 billion within two minutes of the holiday, starting at midnight on Saturday.

    Singles Day is now inextricably linked with Alibaba, the Chinese e-commerce leviathan that in recent years has turned the holiday into an online — and occasionally brick-and-mortar — mercantile extravaganza. It routinely eclipses Amazon’s yearly Prime Day promotional event.

    In July, Prime Day generated an estimated $1 billion in revenue during its 30-hour sale window, resulting in what Amazon called its “biggest day ever.” A little more than an hour into this year’s Singles Day, sales had already exceeded $10 billion.

    #Commerce_électronique #Alibaba #Amazon

  • Case of Missing Lebanese Prime Minister Stirs Middle East Tensions - The New York Times
    https://www.nytimes.com/2017/11/10/world/middleeast/saudi-arabia-lebanon-france-macron.html

    Now analysts and diplomats are scrambling to figure out what the latest developments mean, whether they are connected and whether, as some analysts fear, they are part of a buildup to a regional war.

    Mr. Hariri, until he announced his resignation on Saturday, had shown no signs of planning to do so.

    Hours later, on Saturday evening, a missile fired from Yemen came close to Riyadh before being shot down. Saudi Arabia later blamed Iran and Hezbollah for the missile, suggesting that they had aided the Iran-aligned Houthi rebels in Yemen to fire it.

    Before the world had a chance to absorb this news, the ambitious and aggressive Saudi Arabian crown prince, Mohammed bin Salman, ordered the arrest of hundreds of Saudis — including 11 princes, government ministers and some of the kingdom’s most prominent businessmen — in what was either a crackdown on corruption, as Saudi officials put it, or a purge, as outside analysts have suggested.

    It then emerged that the week before, Jared Kushner, President Trump’s son-in-law and adviser, who has been sent on missions both to Israel and Saudi Arabia, had visited Riyadh on a previously undisclosed trip and met until the early morning hours with the crown prince. The White House has not announced what they discussed but officials privately said that they were meeting about the administration’s efforts to forge an Israeli-Palestinian peace deal.

    On Monday, Saudi officials said they considered the missile from Yemen an act of war by Iran and Lebanon, and on Thursday the kingdom rattled Lebanon by ordering its citizens to evacuate.

    No one expects Saudi Arabia, which is mired in a war in Yemen, to start another war itself. But Israel, which fought a war with Hezbollah in 2006, has expressed increasing concern about Hezbollah’s growing arsenal on its northern border.

    On Friday, Hezbollah’s leader, Hassan Nasrallah, said that Saudi Arabia had asked Israel to attack Lebanon, after essentially kidnapping Mr. Hariri.

    Moreover, Israel’s war planners predict that the next war with Hezbollah may be catastrophic, particularly if it lasts more than a few days. Hezbollah now has more than 120,000 rockets and missiles, Israel estimates, enough to overwhelm Israeli missile defenses.

    Analysts say a new war in the region is unlikely but some have warned that the increased tensions could provoke an economic crisis or even start a war accidentally. Miscalculations have started wars before, as in the 2006 war between Israel and Hezbollah.

    Experts caution that Israel is often only a mistake or two from being drawn into combat.

    “It’s a dangerous situation now,” said Amos Harel, the military reporter for Haaretz, the Israeli newspaper. “It only takes one provocation, another reaction, and it can get all of a sudden completely out of control. And when you add the Saudis, who evidently want to attack Iran and are looking for action, it gets even more complicated.”

    #Guerre #Moyen-Orient #Géopolitique