The Chinese Internet giant hopes it can turn Channels into the next WeChat Pay, but competing with TikTok won’t be easy.
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Twitter is struggling to keep its most active users, who are vital to the business, engaged, according to internal research documents.
TikTok, owned by China’s ByteDance, said on Thursday it is piloting 50 free Wi-Fi hotspots in communities across South Africa.
China’s Internet giants have shared details of their prized algorithms with Beijing for the first time, an unprecedented move.
Kylie Jenner, the reality-show celebrity who is the most followed woman on Instagram, asked the app to “stop trying to be TikTok”.
TikTok has been conducting tests so users can play games on its video-sharing app, part of plans for a major push into gaming, sources said.
Chinese authorities are considering requiring Tencent to include WeChat Pay in a newly created financial holding company.
TikTok is working on ways to rate and restrict content by age in order to prevent adult content from reaching teenage users.
Microsoft CEO Satya Nadella said the company’s bid to acquire the US assets of ByteDance’s TikTok was the “strangest thing” he’s ever worked on.
TikTok hit a billion monthly active users globally this past southern hemisphere winter, the company said, marking a 45% jump since July 2020.