New York: China-based ByteDance Ltd. asked an appeals court to speed up its lawsuit challenging a US law that would force it to sell the TikTok video-sharing app or face a ban. “Prompt consideration of these cases is needed to avoid irreparable harm,” lawyers for ByteDance and TikTok said Friday in a filing in the … Read more
WASHINGTON: Hackers working with the Chinese government targeted firms developing vaccines for the coronavirus and stole hundreds of millions of dollars worth of intellectual property and trade secrets from companies across the world, the Justice Department said Tuesday as it announced criminal charges. The indictment does not accuse the two Chinese defendants of actually obtaining … Read more
Chinese Internet giant ByteDance is considering changing the corporate structure of its popular short-video app TikTok, as it comes under intense scrutiny in India and the United States. Senior executives are discussing options such as creating a new management board for TikTok or establishing a headquarters for the app outside of China to distance the … Read more