Tag: cash

11
Oct
2020
Posted in technology

Fancy cars, fine dining, creator mansions, cash: Triller is shelling out for talent

When talk of a possible TikTok ban began in July, the leaders of a small social video app called Triller saw a growth opportunity.

To attract users, the company set its sights on TikTok’s biggest names. Some of the Sway Boys, a group of TikTok influencers, had been toying with the idea of building their own app to compete with TikTok, but after a discussion with Ryan Kavanaugh, the majority owner of Triller and a veteran entertainment executive, they decided the platform could be good for them.

Triller offered the creators a deal: Tell your audience on TikTok that you’re moving to Triller, and we’ll give you equity and roles within the company. You can still post on TikTok, they were told, but only if you post on Triller more frequently. In turn, of the Sway Boys, Josh Richards, 18, was named Triller’s chief strategy officer, and Griffin Johnson, 21, and Noah Beck, 19, joined as advisers with equity.

Soon, CNBC, Fox News and the Los Angeles Times were writing about TikTok defectors bound for Triller, an app they described as a viable replacement for TikTok should a ban be put in place. In August, Triller announced it was seeking a new funding round of $250 million, hiking its valuation to over $1 billion.

But could it live up to the hype?

Getting that ‘Triller money’

Founded in 2015, Triller bills itself as an app for making professional-looking music videos, quickly. Functionally, it’s different from TikTok: It has different editing tools; its users can’t “duet,” or react to videos; and while it offers top singles and hit songs, it lacks the extensive library of sounds and mash-ups that TikTok users employ to express themselves.

“I think there’s a lot of things on Triller that TikTok doesn’t have and vice versa;

05
Oct
2020
Posted in computer

Computer equipment and cash stolen in Folkestone burglary

Detectives have launched an investigation after computer equipment and cash were stolen from a Folkestone business.

Overnight between September 1 and 2, items including laptops, phones, cash and prescription pads were reportedly taken during a break-in at a business in West Cliff Gardens.

West Cliff Gardens, Folkestone. Picture: Google Maps
West Cliff Gardens, Folkestone. Picture: Google Maps

Employees discovered the items missing at around 6am on September 2 and the incident was reported to police.



Detectives are reviewing all available CCTV and have made a number of house-to-house enquiries since the burglary.

But they are now seeking more witnesses to the offence.

A spokesman for the force said: “Anyone who has not yet come forward with information is being urged to contact Kent Police as soon as possible.”

Anyone who witnessed anything suspicious in the area or has been offered any of the items for sale should call 01843 222289 quoting reference 46/156657/20.

Laptops and cash were stolen during the burglary. Photo: Dominic Lipinski/PA Wire
Laptops and cash were stolen during the burglary. Photo: Dominic Lipinski/PA Wire

You can also contact Crimestoppers anonymously on 0800 555111, or by using the online form at Crimestoppers-uk.org

Read more: All the latest news from Folkestone

To get the latest updates in ongoing cases, police appeals and criminals put behind bars, click here

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