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Insiders say ByteDance exerting increasing influence over platform despite US pressure over ownership
Current and former employees of video app’s Chinese parent ByteDance in outcry over stock award liabilities
Social media company cancels Steve Huffman’s performance awards based on hitting $25bn market value
Social media platform’s public debut will be closely watched as a gauge of the appetite for tech listings
Companies have yet to provide investors with convincing post-pandemic strategies
...Additional reporting by Andy Lin in Hong Kong and Hannah Murphy in San Francisco...
...hannah.murphy@ft.com...
TikTok’s Chinese owner offers nearly $171 a share as US employees grow concerned about tax bill on unsold stock
...One big winner was the Newhouse family, who through Advance Magazine Publishers Inc own Condé Nast, which bought Reddit in 2006 for $10mn before spinning it out in 2011....
Social media platform plans public listing later this year in test of investor appetite
Social media company’s earnings underwhelmed investors a day after it announced lay-offs
Social media platform’s valuation is expected to have tumbled from $10bn in 2021
...Annihilation, Act 1 by Won Ju Lim, the current exhibition by Boz Deseo Garden (to March 16) will lead to solo and two-person shows featuring John Divola, Megan Plunkett, Maura Brewer, Ellen Schafer and Nicolas G...
Lawsuit from former global marketing head criticises corporate culture at popular app owned by China’s ByteDance
...Hannah Murphy: When Pinterest first went public, I described it in the FT as the world’s most wholesome social media platform. Do you think that’s accurate?...
Prospectus filing shows $804mn in revenue and a $91mn net loss in 2023
...Japan data centres amid AI boom (Nikkei Asia) South Korea stocks see record foreign buying on appetite for chips (Nikkei Asia) Chinese robot maker says protectionism will not stop its march (FT) Japan Inc...
Bipartisan legislation comes amid growing national security concerns tied to its Chinese owner
Millions of Paxlovid pills have gone unused as tight controls restrict access
Decision is setback for US drugmaker looking to increase sales after pandemic
Citadel Securities attacks Devin Nunes after letter to Nasdaq raises concerns over naked short selling
Regulator authorises treatment for sickle cell disease and beta thalassaemia
...But I’ve long thought it would be helpful to have a G that was more related to the E....
Comcast, Paramount and Warner Bros also follow IBM in pulling back amid concerns about antisemitic content
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