TikTok owner ByteDance to buy back US staff shares at higher $417 billion valuation
Investors have marked up ByteDance in recent months despite a US edict forcing a sale or blockade of TikTok.. Read more at straitstimes.com.
TikTok Under Scrutiny for Use of Children’s Personal Information
A major UK investigation has been launched on how TikTok uses the data it collects on children to power its algorithms.
Hong Kong pledges $127.67 million to create AI institute
Hong Kong said on Wednesday that it is setting aside $127.67 million to create an artificial intelligence research institute ...
Nikkei Asia11d
TikTok cuts more online safety and content moderator jobs
The trust and safety team is tasked with content moderation and other user safety features, and the layoffs will impact staff ...
China, HK shares steady amid US-Sino trade spat; focus on NPC
China and Hong Kong stocks ended mostly unchanged on Tuesday, buoyed by tech firms, with investors shrugging off a new ...
Nikkei Asia10d
TikTok angles for compromise to avert U.S. sell-or-ban ultimatum
TikTok and ByteDance are still opposed to a sale and are in talks with the Trump administration on a deal that would allow U.S. backers to own a larger share of the company, one person said. The talks ...