Technology
TikTok Shop is expanding its range of luxury second-hand fashion to the UK
TikTok Shop, TikTok’s social commerce platform, is launching a second-hand luxury goods category in the UK, putting it in closer competition with The RealReal, Vestiaire Collective, Depop, Poshmark and Mercari, amongst others. The offer has been available on TikTok Shop US for over six months.
The latest category allows UK customers to buy pre-owned, high-end clothing, designer handbags and other accessories without having to leave the TikTok app. Only five British brands might be available at launch, including Saddler, Luxe Collective, Time sign, Almost never wornAND Archive break.
Since the launch of TikTok Shop in 2022, the platform has sold out approximately $1 billion or more value of products. However, despite its success, some say TikTok Shop is ruining the short video-sharing app, saying fakes and low-quality products are flooding the market. Counterfeits pose the best risk when purchasing used luxury goods online, and even the largest e-commerce giants (AmazoneBay and others) fighting authenticity issues.
Like all resale markets, TikTok Shop has anti-counterfeit policy which guarantees a full refund if it is proven that the seller sold a counterfeit product. Bloomberg recently announced that the company is in talks with luxury goods company LVMH to help fight counterfeiting.
All brands utilized in TikTok Shop US should be certified by third-party authentication providers. TikTok has partnered with authentication services Enthusiasm AND True authentication to make sure that that branded platform handbags are original.
Meanwhile, a TikTok spokesperson told TechCrunch that each one five UK brands have their very own internal authentication process. They have not said when they’ll start accepting other used brands.
The launch of the TikTok Shop second-hand goods category is a strategic move to capitalize on the growing marketplace for pre-owned luxury items. The second-hand luxury goods market is a thriving multi-billion dollar business, with $49.3 billion (€45 billion) of used branded items sold worldwide in 2023.
Moreover, this expansion is part of the growing trend towards reaching for beloved fashion and opens up latest opportunities for second-hand brands in Great Britain to reach a wider customer base. The popularity of the fashion used on TikTok is evident with over 144,000 posts on TikTok using the hashtag #second-hand fashionwhich has garnered roughly 1.2 billion views.
Today’s announcement comes on the heels of the US House of Representatives passing a bill requiring ByteDance to sell TikTok or face a ban in the US. This bill appears to be gaining support in the Senate. A ban could be a serious blow to US sellers selling on the app. The short video-sharing app generated $14.7 billion for small and medium-sized businesses in 2023, according to the company.
Technology
US medical device giant Artivion says hackers stole files during a cybersecurity incident
Artivion, a medical device company that produces implantable tissue for heart and vascular transplants, says its services have been “disrupted” resulting from a cybersecurity incident.
In 8-K filing In an interview with the SEC on Monday, Georgia-based Artivion, formerly CryoLife, said it became aware of a “cybersecurity incident” that involved the “compromise and encryption” of information on November 21. This suggests that the corporate was attacked by ransomware, but Artivion has not yet confirmed the character of the incident and didn’t immediately reply to TechCrunch’s questions. No major ransomware group has yet claimed responsibility for the attack.
Artivion said it took some systems offline in response to the cyberattack, which the corporate said caused “disruptions to certain ordering and shipping processes.”
Artivion, which reported third-quarter revenue of $95.8 million, said it didn’t expect the incident to have a material impact on the corporate’s funds.
Technology
It’s a Raspberry Pi 5 in a keyboard and it’s called Raspberry Pi 500
Manufacturer of single-board computers Raspberry Pi is updating its cute little computer keyboard device with higher specs. Named Raspberry Pi500This successor to the Raspberry Pi 400 is just as powerful as the present Raspberry Pi flagship, the Raspberry Pi 5. It is on the market for purchase now from Raspberry Pi resellers.
The Raspberry Pi 500 is the simplest method to start with the Raspberry Pi because it’s not as intimidating because the Raspberry Pi 5. When you take a look at the Raspberry Pi 500, you do not see any chipsets or PCBs (printed circuit boards). The Raspberry Pi is totally hidden in the familiar housing, the keyboard.
The idea with the Raspberry Pi 500 is you could connect a mouse and a display and you are able to go. If, for instance, you’ve got a relative who uses a very outdated computer with an outdated version of Windows, the Raspberry Pi 500 can easily replace the old PC tower for many computing tasks.
More importantly, this device brings us back to the roots of the Raspberry Pi. Raspberry Pi computers were originally intended for educational applications. Over time, technology enthusiasts and industrial customers began using single-board computers all over the place. (For example, when you’ve ever been to London Heathrow Airport, all of the departures and arrivals boards are there powered by Raspberry Pi.)
Raspberry Pi 500 draws inspiration from the roots of the Raspberry Pi Foundation, a non-profit organization. It’s the right first computer for college. In some ways, it’s a lot better than a Chromebook or iPad because it’s low cost and highly customizable, which inspires creative pondering.
The Raspberry Pi 500 comes with a 32GB SD card that comes pre-installed with Raspberry Pi OS, a Debian-based Linux distribution. It costs $90, which is a slight ($20) price increase over the Raspberry Pi 400.
Only UK and US keyboard variants will probably be available at launch. But versions with French, German, Italian, Japanese, Nordic and Spanish keyboard layouts will probably be available soon. And when you’re in search of a bundle that features all the things you would like, Raspberry Pi also offers a $120 desktop kit that features the Raspberry Pi 500, a mouse, a 27W USB-C power adapter, and a micro-HDMI to HDMI cable.
In other news, Raspberry Pi has announced one other recent thing: the Raspberry Pi monitor. It is a 15.6-inch 1080p monitor that’s priced at $100. Since there are quite a few 1080p portable monitors available on the market, this launch is not as noteworthy because the Pi 500. However, for die-hard Pi fans, there’s now also a Raspberry Pi-branded monitor option available.
Technology
Apple Vision Pro may add support for PlayStation VR controllers
According to Apple, Apple desires to make its Vision Pro mixed reality device more attractive for gamers and game developers latest report from Bloomberg’s Mark Gurman.
The Vision Pro was presented more as a productivity and media consumption device than a tool geared toward gamers, due partly to its reliance on visual and hand controls moderately than a separate controller.
However, Apple may need gamers if it desires to expand the Vision Pro’s audience, especially since Gurman reports that lower than half one million units have been sold to this point. As such, the corporate has reportedly been in talks with Sony about adding support for PlayStation VR2 handheld controllers, and has also talked to developers about whether they may support the controllers of their games.
Offering more precise control, Apple may also make other forms of software available in Vision Pro, reminiscent of Final Cut Pro or Adobe Photoshop.
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