Zhang Yiming is the little-known Chinese entrepreneur who built TikTok into one of the most promising franchises on the Internet. Now the brainy, combative founder is under pressure to save the business.
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The extraordinary hacking spree that hit Twitter on Wednesday, leading it to briefly muzzle some of its most widely followed accounts, is drawing questions about the platform’s security.
TikTok has become one of the world’s most popular apps by serving up a steady beat of lip-syncing videos and viral memes. But it’s also scooping up massive amounts of data on its users and tracking their every move.
Twitter has posted a job listing for Web engineers to build a new subscription-based platform, sending its shares surging on Wednesday.
A widely anticipated meeting on Tuesday between the social media giant and the civil rights groups behind the recent Facebook ad boycott did not go well.
Organisers of a growing Facebook advertising boycott said they saw “no commitment to action” after meeting with CEO Mark Zuckerberg on Tuesday.
Facebook COO Sheryl Sandberg said the company needs to get better at removing hateful speech – a response to hundreds of companies that have stopped advertising on the social network.
Secretary of state Mike Pompeo said late on Monday that the US is “certainly looking at” banning Chinese social media apps, including TikTok.
Advertisements for more than 400 brands are due to vanish from Facebook on Wednesday after the failure of last-ditch talks to stop a boycott over hate speech on the site.
Facebook shares were poised to fall for a second day after more businesses, including Starbucks and Diageo, joined the growing number of brands planning to halt spending on social media.