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Trump invites UK's Johnson to White House in new year: British media – TheChronicleHerald.ca

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(Reuters) – U.S. President Donald Trump has invited British Prime Minister Boris Johnson to visit him in the White House in the new year, British media reported on Sunday.

Trump’s invitation was made after the British prime minister’s election win this month, The Sunday Times newspaper reported. Britain wants to strike a new trade deal with the United States after it leaves the European Union at the end of January.

“Some potential dates have been floated in mid-January but nothing has yet been formally agreed. But it is clear that both sides want to make it happen some time in early 2020,” the Sunday Times quoted a source close to the White House as saying.

Johnson is reluctant to make the visit before delivering Brexit on Jan. 31 and would prefer to go after a cabinet reshuffle scheduled in February, when he is expected to appoint cabinet office minister Michael Gove as his new trade negotiator, The Mail on Sunday reported.

That could allow Johnson to take Gove on the U.S. visit ahead of talks of a post-Brexit trade deal, according to the report.

Some Downing Street insiders, however, have concerns about a visit by Johnson due to fears the prime minister could be dragged into Trump’s ongoing impeachment proceedings, the Sunday Times reported.

Johnson won approval for his Brexit deal in the British parliament on Friday, the first step toward fulfilling his election pledge to deliver Britain’s departure from the European Union by Jan. 31.

As Britain prepares to leave the bloc, Johnson and Trump agreed in a phone call last Monday to pursue an “ambitious” UK-U.S. free trade agreement.

After Johnson’s election win on Dec. 12, Trump had said Britain and the United States were now free to strike a “massive” new trade deal after Brexit.

“This deal has the potential to be far bigger and more lucrative than any deal that could be made with the EU,” Trump had said in a tweet earlier this month.

The White House and Downing Street did not immediately respond to requests for comment on the reported invitation to Johnson.

(Reporting by Kanishka Singh in Bengaluru; Editing by Simon Cameron-Moore/Sam Holmes/Susan Fenton)

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Forget TikTok. Clubhouse Is Social Media’s Next Star. – Bloomberg

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Forget TikTok. Clubhouse Is Social Media’s Next Star.  Bloomberg



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Forget TikTok. Clubhouse Is Social Media’s Next Star. – Bloomberg

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Clubhouse is gaining attention and users. The social media giants should be concerned.

The next killer smartphone app has arrived — and it offers the potential to transform how we communicate, share knowledge and even make new friends.

I am talking about voice-and-audio-based social networking startup Clubhouse. Its platform enables users to drop in and out of ephemeral chat rooms and take part in a range of gatherings, from small “water-cooler” type conversations to larger discussions featuring expert panels, often attended by thousands of listeners. Since its launch last March, Clubhouse has increasingly become a cultural phenomenon, attracting politicians, celebrities and experts from all walks of life. With its success and prominent backing, it may now be poised to upend the entire social media space.

Clubhouse’s latest figures reveal how quickly it is growing. During a weekly town hall event on Sunday, co-founder Paul Davison said the app’s weekly active user base had doubled to 2 million over the last couple of weeks. He also announced the startup had raised another investment round led by venture capital firm Andreessen Horowitz, adding it now has more than 180 investors. While he didn’t offer any specifics, The Information reported on Friday that Clubhouse was getting interest at a $1 billion valuation. If true, that means the company’s value has risen by a factor of 10 since its earlier Series A round last May, also led by Andreessen Horowitz.

Something special is happening inside the Clubhouse community. Call it the power of the voice — and it’s what separates Clubhouse from other platforms. A short back-and-forth live conversation, with its nuance and tone, can build closer relationships more quickly than dozens of written posts and text messages sent through more established social networks such as Facebook and Twitter. Since I joined Clubhouse last summer, I met and became friends with professors, filmmakers, artists, engineers and more from places all over the world. It has been intoxicating listening to people’s life stories and absorbing their knowledge and experience, from learning how a streaming video executive greenlights projects to getting expert political analysis on the latest breaking news. It has easily become one of my favorite pastimes.

To illustrate the kind of agenda-setting conversations that are becoming a staple on Clubhouse these days, here’s one example: Earlier this month, the mayors of San Francisco, Miami and Austin congregated inside a “room” to tout their cities as good places for tech companies to do business. Thousands of executives, investors, and employees tuned in to the vibrant interactive panel. For an app like Clubhouse — or any social media platform looking to extend its influence and user base — this is the holy grail of the virtuous feedback loop, where the network effects of a large influential audience attract the highest-quality speakers and vice versa. 

#lazy-img-367502287:beforepadding-top:173.86666666666665%;relates to Forget TikTok. Clubhouse Is Social Media’s Next Star.
Andrew Yang is among those entering the conversation on Clubhouse.
Source: Tae Kim/Bloomberg

Impressive as Clubhouse’s latest metrics are, they may actually understate its potential. All the growth thus far has come largely by worth of mouth, and from only half of the smartphone market. The app still requires an invitation from a current member to join and is exclusive to Apple Inc. devices. So when the founders decide to open Clubhouse to the public and release an Android version, growth will take off to higher levels.

The nature of Clubhouse’s platform offers the potential for money-making opportunities. For instance, Clubhouse could take a commission from room admission fees for large panel discussions. Or, similar to Amazon.com Inc.-owned Twitch channels, it could offer monthly subscriptions for specific interest-based club rooms. One can also imagine users buying unique animated reaction emojis to give visual feedback to speakers and interact with other members of the audience. Of course, the ability to make money will also attract and retain the best room hosts for the Clubhouse ecosystem. On Sunday, Clubhouse’s cofounders said they will start testing ways for the platform’s creators to get paid through “tipping, tickets or subscriptions” in the coming months.

Clubhouse has its challenges. Like other social media networks, it has faced criticism for objectionable content that was broadcast on its site. Last September, Clubhouse was hit with a flurry of negative publicity when some speakers perpetuated anti-Semitic stereotypes. The startup needs to invest more aggressively in trust and safety features and hire content moderators to mitigate harassment. There is also competition on the horizon with Twitter Inc. testing its own audio chat room feature inside its app called Spaces.

#lazy-img-367502513:beforepadding-top:195.73333333333332%;relates to Forget TikTok. Clubhouse Is Social Media’s Next Star.
Twitter Spaces offers a similar experience as Clubhouse. Too little too late?
Source: Tae Kim/Bloomberg

But it may be too little too late for other players. While Twitter’s new service does offer some differentiated features – including real-time transcriptions that appear on screen and the ability to share tweets to the room for discussion purposes – it is thus far largely siloed around a specific account’s followers. It lacks Clubhouse’s distinctive serendipity that lets people from diverse backgrounds meet and form their own connections through their own wanderings. Clubhouse also is at a stage where it is adding new innovations on a near weekly basis — including different room types, activity-based notification feeds and event calendars. It will be difficult for any other company to catch up.

Of course, the app has benefited from the pandemic as people look for ways to socialize while avoiding in-person interactions and outdoor activities. But Clubhouse usage may prove more durable than many believe after daily life returns to normal. It’s a convenient, frictionless way to meet new people through the intimacy of conversation and listen to conference-like events that otherwise might be difficult to attend in person.

Perhaps most importantly is the stunning level of usage and engagement. On a personal level, since installing Clubhouse I have noticed my time spent on the app is significantly higher than any other social network on my smartphone — more than TikTok, Twitter or Instagram. It is a sign of how appealing audio-based social networking can be. And judging from the activities of my friend list inside the community, I am not alone. I have little doubt once Clubhouse opens up to the general public, its user base can grow into the tens of millions. The social media giants should be concerned.

    This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

    To contact the author of this story:
    Tae Kim at tkim426@bloomberg.net

    To contact the editor responsible for this story:
    Beth Williams at bewilliams@bloomberg.net

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