ByteDance’s 2023 financial results mark the first time the TikTok owner has overtaken Tencent both in revenue and profit.
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TikTok’s Chinese owner ByteDance is facing its biggest threat in the US since the Trump administration.
The Digital Markets Act, which has now come into force, is designed to rein in Big Tech. The consequences will be far-reaching.
Microsoft’s Bing, Edge and Advertising services are set to be exempt from strict new EU antitrust rules.
Tencent is relying on one-time bitter rival ByteDance to promote its most important videogame release in years.
The European Union has opened an investigation into Elon Musk’s X, the first under new EU tech rules.
TikTok has been fined €345-million for breaching privacy laws regarding the processing of children’s personal data in the EU.
The EU designated 22 services of six major tech companies as “gatekeepers” of online services.
Close to half of American adults support a ban on the Chinese-owned TikTok, according to a new Reuters/Ipsos survey.
Tencent Holdings’ revenue missed estimates, signalling an uneven recovery for the world’s biggest internet arena.