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TikTok CEO Shou Zi Chew Testifies Before US Congressional Hearing on Security and Chinese Government Influence

Weekly Wall Mar 24, 2023 0 Comments

TikTok CEO Shou Zi Chew faced a grueling five-hour testimony before a US congressional hearing as lawmakers questioned him over security concerns and the potential influence of the Chinese government.…

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Business

ByteDance Valued at $220 Billion in Recent Investment by Abu Dhabi’s G42, a Significant Discount from TikTok’s Owner’s Share Buy-Back Program

Weekly Wall Mar 15, 2023 0 Comments

ByteDance was valued at around US$220 billion in a recent private-market investment by Abu Dhabi artificial intelligence (AI) firm G42, a significant discount to the US$300 billion that TikTok’s owner set…

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