There has been a new term that has been going around, called "Singapore Washing", describing how Chinese companies like Alibaba, Shein, ByteDance have been trying registering their company offshore as a method to mask hide that fact that these companies were all "Made in China."
XingChiTikTok plans to lay off around 1,000 employees globally, primarily targeting operations and marketing teams, amid broader reorganization and legal battles with the U.S. government.
WilfredReporters from "China Business Journal" learned that on May 7th local time, TikTok and ByteDance filed a lawsuit in U.S. federal court, seeking a ruling that the "Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT) Act," which aims to ban TikTok, is unconstitutional, and to prevent the enforcement of the law. In the lawsuit, TikTok stated, "This is the first time in Congress's history that a law has been enacted to impose a permanent, nationwide ban on a specific speech platform."
MiyukiShou Zi Chew, a Singaporean CEO, transitioned from banking to lead TikTok, showcasing remarkable talent and resilience. His journey underscores Singapore's global presence in tech leadership and inspires future generations in the nation's dynamic landscape.
AnaisTIKTOK has ceased operations in Hong Kong amid escalating concerns over data privacy and security issues. The implementation of the National Security Law in Hong Kong has raised apprehensions regarding the protection of user data and freedom of speech. This decision underscores the challenges tech companies face in navigating complex geopolitical landscapes.
SanyaLegislation pressures ByteDance: Divest TikTok or face US ban, addressing security concerns.
Huang BoUsers will be able to transfer money without any transaction fees.
AlexPrivacy risks surface as TikTok account exploits facial recognition technology to expose unsuspecting individuals, igniting concerns about online safety and security.
Hui XinTikTok has stepped up in the microblogging war against Twitter (X) and the newly launched Threads whereby users can create and share text-based content. How will the battle for dominance play out?
CatherineThe RESTRICT Act could theoretically be abused to ban Americans from using Bitcoin, according to experts.
cryptopotato