In the face of a potential ban of TikTok in the US, Chinese merchants selling on the platform are preparing for the worst; Leaving the US, a global trendsetter and major source of viral content.. Spotify lays off ~17% of its workforce, or ~1,500 staff, to "rightsize" its costs, citing slow economic growth and rising capital costs, its third cut in 2023 — Spotify is eliminating about 17% jobs, its third round of layoffs, as the music streaming looks to become "both productive and efficient."
ByteDance’s TikTok is a force to reckon with in Vietnam South China Morning Post
TikTok maker ByteDance takes aim at lifestyle leader Xiaohongshu with new app 'The Edge
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TikTok owner ByteDance develops antifraud system to fight fake traffic in China South China
Il CEO di ByteDance (TikTok) SI DIMETTE
TikTok owner ByteDance cuts hundreds of jobs at multiple departments in China, sources say
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TikTok owner ByteDance dissolved a global team in its HR department in December Style Music News
ByteDance founder Zhang Yiming relinquishes another corporate role to firm’s China chairman as
ByteDance sued for collecting children’s data from Musical.ly South China Morning Post
TikTok owner ByteDance kills off chat app Feiliao in sign of business consolidation South
ByteDance latest news and updates South China Morning Post
Exclusive IPO plan of TikTok owner ByteDance is set back by USChina tensions, sources say
TikTok owner ByteDance bids farewell to ‘boundless’ expansion as Beijing tightens grip on Big
The new offer, earlier reported by the South China Morning Post, is pitched at $160 per share, the same level as ByteDance offered to employees in November, the people said, asking not to be named discussing a private matter.It's at a valuation roughly 11% lower than the price ByteDance offered to investors in 2022, which would still place it among the 40 most valuable public companies in.. ByteDance will cut up to 20 per cent of Feishu's total workforce of more than 5,000, with most of the lay-offs in mainland China, according to a source The lay-offs at a key business unit of China.
