Sources: ByteDance plans US IPO for new global TikTok business if Trump approves deal including Walmart and Oracle, which will take less than a 20% global stake
if Trump approves. No more carved out U.S. co. https://www.cnbc.com/... @cnbcnow : UPDATE: Treasury Dept. sent major term sheet revisions to Oracle & TikTok last night to specifically address security...
TikTok CEO Kevin Mayer resigns, sources say after Trump threatened to ban the app; Vanessa Pappas, currently general manager of TikTok, will become interim head
clock is ticking on Microsoft's TikTok buy Newb / New.blicio.us : TikTok CEO Kevin Mayer Quits Anthony Ha / TechCrunch : Daily Crunch: TikTok's CEO resigns Tom McKay / Gizmodo : Walmart Wants to Get I...
As tech giants renew vows to diversify their workforces, a look at why their efforts have fallen short, especially in retaining new Black and Latinx employees
Quora Inc., which runs the eponymous questions and answers website, couldn't figure this one out: Why were so many Black … Tweets: @rebeccamkern , @dinabass , @girlsintech , @paigesmithnews , @adblanc...
Recent pledges by Google, Facebook, Apple, and Microsoft to diversify their workforce come after years of similar claims followed by little progress
Bloomberg : Tweets: @aarti411 , @qmatteoq , @bradsmi , @lorrainebardeen , @sbanjo , @carnage4life , and @fxshaw Tweets: Aarti Shahani / @aarti411 : Microsoft just made a concrete pledge: double the #...
The tech industry, with an eye towards improving its reputation, is quickly pivoting to offer remedies to the pandemic crisis
Before the pandemic, Yiying Lu was known for her work designing the Twitter Fail Whale and the dumpling and boba tea emojis. In the past few weeks, Lu said she was called to a higher purpose. Tweets:...
As China exports its domestic standards, the US should treat China's leveraging of market access into self-censorship by US companies as trade violations
A single tweet … Reuters : TikTok's Musical.ly deal needs U.S. national security review: senator Tony Xu / TechNode : US official presses for review of Bytedance's Musical.ly acquisition Jon Fingas / ...
Sources: ByteDance, which is adding thousands of employees to its 40K staff, expects a net loss of ~$1B in 2018 and revenues of $18B this year and $29B in 2020
Most nights, from around 7 till midnight, Sydney Jade is on TikTok, the smartphone app of the moment. Tweets: @sbanjo , @sbanjo , and @davidramli Tweets: Shelly Banjo / @sbanjo : TikTok is the most po...
China's protectionist policies helped create Chinese tech billionaires, which compels and incentivizes them to work closely with the Chinese government
Shelly Banjo / Bloomberg : Tweets: @greatfirechina , @economics , and @pelstrom . Thanks: @pelstrom Tweets: @greatfirechina : “To maintain control, the government knows it has to keep tech companies ...