TikTok (with Douyin) becomes first app to reach $6B in annual consumer spending

This TechCrunch Daily Crunch podcast covers several tech news headlines. The podcast begins with brief ads for Samsung and ServiceNow, then reports on TikTok reaching $6 billion in annual consumer spending, Google Drive adding searchable video transcripts, and SoundCloud partnering with Live Nation for artist ticket sales. A segment on US-China relations follows, before returning to more tech news, including Patentlytics' Series A funding round and a call for TechCrunch Startup Battlefield applications. The podcast concludes with a sponsor advertisement for a personal finance podcast.