Topline TikTok’s American leadership is exploring a potential split with Chinese parent company ByteDance as it comes under increasing scrutiny from lawmakers and regulators about the company’s links ...
Tag: bytedance
ByteDance Employees Can Easily Access U.S. TikTok Data, Whistleblower Allegedly Tells Hawley
Topline Controls preventing employees at TikTok and its China-based parent company ByteDance from accessing U.S. data might be weaker than both companies have previously suggested, according to allega...
Sequoia’s Neil Shen Tops Forbes China Ranking Of Best Venture Investors
Sequoia Capital China’s Neil Shen in 2019. (Photo by VCG/VCG via Getty Images) VCG via Getty Images Neil Shen, the founding partner of Sequoia Capital China, topped an annual list of China’s bes...
Congress Passes Bill To Ban TikTok From Federal Devices
Topline Congress approved a ban on TikTok from federal devices Friday as part of a larger government spending bill, amid a recent surge by state governments banning the app—owned by Chinese firm ByteD...
Bipartisan Ban On TikTok Introduced By Sen. Rubio
Topline Sen. Marco Rubio (R-Fla.) announced bipartisan legislation Tuesday to ban TikTok in the U.S., citing national security concerns that the app—owned by Chinese firm ByteDance—could be used to sp...
Is A TikTok Ban In The United States Possible?
| Getty Images Key Takeaways Multiple U.S. government entities have raised concerns about TikTok’s data security and privacy practices, to the point of discussing a ban on TikTok for U.S. users. ByteD...
China E-Commerce Billionaire Richard Liu Settles Alleged Rape Case
JD.com Chairman Richard Liu in 2016. Photographer: Qilai Shen/Bloomberg © 2016 Bloomberg Finance LP China billionaire Richard Liu, founder and chairman of e-commerce site JD.com, has settled a lawsuit...
Mainland Rebounds On Zero COVID Dial Back, Healthcare Equipment Loans Raise Sector
China Last Night KraneShares Key News The US dollar’s parabolic rise has taken a breather, allowing some Asian markets to recover overnight. Mainland China rallied on explicit policy support for equit...
ByteDance to Buy Back $3 Billion in Shares After IPO Stalls
(Bloomberg) — ByteDance Ltd. is offering to buy back as much as $3 billion of its own shares from investors at a valuation of about $300 billion, giving existing backers a way to cash out after ...
iTikTok’s parent firm ByteDance denies rumors of an IPO
ByteDance, the parent company of short video sharing platform TikTok, has ruled out plans of going public following several months of a speculated initial public offering (IPO). The development was c...
Richest Chinese Billionaire’s Flagship Posts Double-Digit Profit Rise In Tough Economy
Nongfu Spring Chairman Zhong Shanshan in 2013. (Photo by STR/CNS/AFP via Getty Images) CNS/AFP via Getty Images You don’t get to be China’s richest man without a lot of business acumen, and Zhong Shan...
Ex-Kickboxer/Influencer Andrew Tate Banned By Instagram And Facebook As TikTok Investigating Sexist Content
Topline Meta announced on Friday it had removed controversial influencer Andrew Tate from its Facebook and Instagram platforms—and TikTok told Forbes it is conducting an investigation into sexist post...
How Microsoft And Alphabet Defied The Skeptics
Bears argue the era of big tech is now over. Not so fast. Anadolu Agency Corporate earnings reports are beginning to roll out, and they are mostly dreary. However, that may not be a bad thing for tech...
TikTok Owner ByteDance Looks to Manufacture Own Task-Specific Chips as Beijing Aspires to More Semiconductor Self-Reliance
ByteDance has joined a growing list of Chinese companies looking to establish their own internal production line of chips for varying uses. ByteDance is reportedly exploring the possibility of designi...
Internet Stocks Rally, China’s Weight To Increase In MSCI EM, Week In Review
China Last Night KraneShares Week in Review Asian equities saw another week of turbulent trading as the market continues to price in risks though Mainland China held up better than most markets in Asi...
TikTok Will Share Ad Revenue With Some Creators
Topline TikTok said Wednesday it will start sharing ad revenue with some popular creators, as the social media company announced a new program for advertisers to run ads alongside top videos on the ap...
Epic Epic Raise, A Billion Dollar Avatar Shoppe, Remio To Gamify VR Training
Epic continues to run the table when it comes to the three Ms: Metaverse, Momentum and Money. Last week they showed off Unreal Engine 5, which is already creating astonishingly photorealistic games. T...
JD.com’s Richard Liu Becomes Latest China Tech Billionaire To Leave CEO Post
Richard Liu, founder and chairman of JD.com, center, gestures during an IPO ceremony at the Nasdaq … [+] MarketSite in New York in 2014. JD.com. Photographer: Michael Nagle/Bloomberg *** Local C...
The 10 Richest Chinese Billionaires 2022
Fortunes of the Middle Kingdom’s wealthiest tycoons mostly fell over the past year as stocks declined and the Chinese government tightened its grip on tech companies. After a record-setting 2021, Chin...
China’s Overtime Culture Under Scrutiny After Tech Worker’s Death
People walk past the headquarters of ByteDance, the parent company of video sharing app TikTok, in … [+] Beijing on September 16, 2020. GREG BAKER/AFP via Getty Images ByteDance, operator of the...
Happy Chinese New Year! Tradition Meets Technology In 2022
China Last Night KraneShares Happy Chinese New Year 2022! Markets are closed across most of Asia as the world celebrates the Year of the Tiger. In place of our usual market commentary, our cultural an...
Hong Kong Stocks Become An Oasis Of Green In A Sea Of Red, Week In Review
China Last Night KraneShares Week In Review China reported Monday that the country’s GDP grew at a better than expected +8% in 2021, though Q4 GDP disappointed at only +4%. Monetary policy easing was ...