Business

Tencent profits up as gamers stay home but WeChat ban looms

Chinese tech firm Tencent, the parent company of social media giant WeChat, said Wednesday its revenue jumped 28 percent in the first half of this year as the coronavirus pandemic kept people glued to their screens.

Business

Twitter, TikTok discuss potential combination: WSJ

Twitter is in preliminary discussions for a possible combination with TikTok, the Wall Street Journal reported Saturday, after US President Donald Trump said he would ban the app, calling it a threat to national security.

Business

Trump bans dealings with Chinese owners of TikTok, WeChat

President Donald Trump has ordered a sweeping but vague ban on dealings with the Chinese owners of popular social media apps TikTok and WeChat on security grounds, a move China's government criticized as "political manipulation."

Business

TikTok parent working flat out for 'best outcome': report

The founder of Bytedance, which owns social media giant TikTok, said Monday his teams were working around-the-clock "for the best outcome" as talks on the sale of its US operation to Microsoft continue, Chinese media reported.

Business

Trump says will bar TikTok from US

President Donald Trump said Friday he will bar fast-growing social media app TikTok from the United States as American authorities have raised concerns the service could be a tool for Chinese intelligence.

Business

TikTok faces US national security review

A US government national security review of the social media app TikTok is nearly complete and will deliver a recommendation to the White House this week, Treasury Secretary Steven Mnuchin said Wednesday.

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