US antitrust chiefs voiced support for an American crackdown on gatekeeper tech giants a week after the European Union reached a deal reining in the likes of Google and Meta Platforms Inc. Jonathan Kanter, the head of the Justice Department’s antitrust division, speaking during a conference in Brussels Thursday, said …
Read More »ByteDance sells securities unit as it retreats from financial services
TikTok owner ByteDance, which is pulling back from some business sectors under scrutiny from Beijing, has sold an intelligent stock market investment product to local brokerage ChinaLin Securities.The deal priced ByteDance’s wholly-owned subsidiary Beijing Wenxing Online Technology Co Ltd at 20 million yuan (US$3.16 million), ChinaLin said in a statement …
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