ByteDance confirms layoff plan at its Indonesian unit
By Stefanno Sulaiman JAKARTA (Reuters) – China’s ByteDance will lay off staff at its Indonesian unit following a deal where it bought a local e-commerce firm and combined it with…
U.S. lawmakers push for ByteDance to divest TikTok or face ban
By David Shepardson and Michael Martina WASHINGTON (Reuters) – A bipartisan group of U.S. lawmakers introduced legislation on Tuesday to give China’s ByteDance about six months to divest popular short…
X, ByteDance, Booking.com could face tough EU rules
By Foo Yun Chee BRUSSELS (Reuters) – Elon Musk’s X social media platform, TikTok owner ByteDance and Booking.com may meet EU criteria subjecting them to tough tech rules as so-called…
TikTok owner ByteDance in talks with Tencent, others to sell gaming assets
By Josh Ye HONG KONG (Reuters) – TikTok owner ByteDance said on Tuesday it is in talks with multiple prospective buyers of its gaming assets, including the world’s largest video…
ByteDance says to restructure Nuverse in retreat from gaming business
By Josh Ye HONG KONG (Reuters) – TikTok maker ByteDance plans to wind down its Nuverse gaming brand and retreat from mainstream video games, four people familiar with the matter…
ByteDance’s Douyin and Tencent bury hatchet, reach video cooperation pact
By Sophie Yu, Josh Ye and Brenda Goh BEIJING (Reuters) – Douyin, the Chinese counterpart of TikTok, and internet giant Tencent have agreed to explore the joint promotion of short…
TikTok denies that ByteDance used the app to monitor citizens
TikTok said it does not collect GPS location information from users in the US. A clarification that comes in the wake of a Forbes article, which instead pointed out that, according to…
TikTok faces crucial court hearing that could decide fate in US
By David Shepardson WASHINGTON (Reuters) – TikTok and parent company ByteDance face a key court hearing on Monday in a legal battle seeking to block a law that could ban…
The luck of not having banned apps
Banned apps: European citizens are fortunate, but many do not realise it, taking things for granted that they are not elsewhere. A concept that applies to many aspects, including technology.…
Trump says he may end EV tax credit; is open to naming Elon Musk as an adviser
By David Shepardson YORK, Pennsylvania (Reuters) – Republican presidential candidate Donald Trump said on Monday that if elected he would consider ending a $7,500 tax credit for electric-vehicle purchases and…