ByteDance’s wildly popular short video app has gotten caught up in U.S.-China tensions, with Washington worried that personal data on TikTok’s 100 million U.S. users could fall into Beijing’s hands.
Founder Zhang Yiming’s efforts to defuse rising political pressures fail to gain traction as U.S. moves to follow India in banning the popular video app citing data security concerns
Chinese tech giant will invest $1.5 million each year in its seventh such center as part of efforts to build trust in its products in the face of U.S.-led sanctions
President Joe Biden signed an executive order Wednesday revoking the Trump-era bans on TikTok and WeChat.
Funds would back 100,000 developers and tech startups over three years as e-commerce giant seeks to move past antitrust crackdown
Weishi will transition to offering clips from longer-form content and build a system to redistribute the work of other creators, the tech giant’s vice president says
Shein’s opaque ownership and media-shy approach means it’s hard to know who is calling the shots, let alone whether or not its vast supply chains are ethical
Closely-held Shein is valued among the world’s biggest tech startups and is challenging Western rivals like Zara with a wide product range sold at bargain-basement prices
Government crackdown sends investors fleeing
Verdict coincides with the Biden administration’s decision last week to postpone the start date of a ban on new U.S. investments in companies allegedly linked to the Chinese military
New generation of rivals including miHoYo, FunPlus and Lilith Games seize market share with high-quality content developed in-house
Revenue surges to $2.65 billion though the net loss widens amid a jump in sales and marketing costs
The 38-year-old entrepreneur will be replaced at the end of the year by Liang Rubo, the company’s head of human resources