ByteDance is preparing a major push into the mobile arena’s most lucrative market, a realm Tencent Holdings has dominated for over a decade: games.
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China’s ByteDance created one of the country’s rare global hits with the addictive video app TikTok. Now the US government is threatening that success as officials in Washington warn the service presents a security threat.
China’s ByteDance has launched a search engine that bears a striking resemblance to Google’s clean, uncluttered homepage but produces heavily sanitised results.
China is stepping up its efforts to rein in the country’s Internet, singling out Tencent’s popular news app for spreading vulgar information while shutting down more than 700 websites and thousands of apps.
Allen Zhang stepped on stage to wrap up a long day of presentations at a Tencent Holdings conference. Four hours later, the WeChat founder had methodically torn apart his own brainchild before mapping out the next act for China’s premier super-app.