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News in-depthTikTok Inc
How TikTok’s Chinese owner tightened its grip on the app
...Many current and former TikTok workers point to other instances, however, in which the company continues to take direction from ByteDance....
April 25, 2024
Reddit Inc
Reddit removes CEO pay incentives in signal of reduced hopes for IPO
...According to company filings, the social media company in December cancelled chief executive awards that were tied to the company hitting the ambitious market capitalisation following a stock market debut...
March 15, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthTikTok Inc
TikTok staff face big US tax bills on shares they cannot sell
...“This is a horribly managed company,” said Spaulding Ryan....
April 9, 2024
Reddit Inc
Reddit’s pre-IPO roadshow to kick off next week
...Owned by Intercontinental Exchange, NYSE is expected to pull out all the stops and encourage more companies to follow suit....
March 7, 2024
Instagram
Instagram overtakes TikTok in app downloads in race for new users
...Additional reporting by Andy Lin in Hong Kong and Hannah Murphy in San Francisco...
March 8, 2024
Artificial intelligence
China’s internet giants order $5bn of Nvidia chips to power AI ambitions
...It also launched a platform in June for companies to trial different large language model services....
August 9, 2023
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Hannah Murphy
Why AI conspiracy videos are spamming social media
...hannah.murphy@ft.com...
March 21, 2024
ByteDance
ByteDance extends employee share buyback programme to non-US workers
...Globally, employees own about 20 per cent of the company’s stock. ByteDance has approximately 100,000 employees outside the US....
April 11, 2024
Reddit Inc
Reddit cashes out in a stellar IPO — but can it grow up?
...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....
March 22, 2024
Reddit Inc
Reddit targets valuation as high as $6.5bn in IPO
...Most of the large companies that have listed over the past year have put a strong emphasis on profitability....
March 1, 2024
Snap Inc
Snap shares sink 35% as revenue falls short of Wall Street expectations
...“The company’s rebound hasn’t kept pace with the big tech titans,” said Insider Intelligence principal analyst Jasmine Enberg....
February 7, 2024
Reddit Inc
Reddit chooses New York Stock Exchange for long-stalled IPO
...One person close to the company said it is aiming to achieve an initial valuation of at least $5bn when it goes public....
February 2, 2024
#techAsia
Huawei goes ‘007’ and TSMC gets a grant Premium content
...as part of their pay packages but have been unable to sell, write the Financial Times’ Tabby Kinder and Hannah Murphy....
April 11, 2024
Reddit Inc
Reddit plans share sales to platform’s users as it moves ahead with IPO
...The number of shares sold to retail and Reddit users would be “significant”, the company said....
February 22, 2024
TikTok Inc
Ex-TikTok executive claims she was fired for lacking ‘docility and meekness’
...TikTok’s former global marketing head Katie Puris has accused the company of unlawfully firing her because some company executives, including the chair of its Chinese parent company ByteDance, believed she...
February 8, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
TikTok Inc
US bill would ban TikTok from app stores unless ByteDance divests it
...The Biden administration and the previous Trump administration both identified TikTok as a security risk, partly because Chinese law requires domestic companies to share data when requested by Beijing....
March 6, 2024
FT CollectionsTech Exchange
Bill Ready: why social media turned toxic and how we can fix it
...It’s not that long ago that most car companies were funding climate misinformation, or spoofing emissions tests. And, now, every car company is pushing their electric vehicles. What changed?...
February 1, 2024
Person in the News
Lidiane Jones, the ‘underdog’ taking the reins at Bumble
...hannah.murphy@ft.com...
November 10, 2023
Cyber Security
SolarWinds faces SEC lawsuit after 2020 hack
...then had been a little-known Austin-based supply chain company....
October 30, 2023
X Corp
Apple and Disney join advertiser exodus from Elon Musk’s X
...The companies’ decisions follow IBM, which on Thursday announced it was pulling global advertising from the platform....
November 18, 2023
Meta Platforms
Meta launches AI chatbots for Instagram, Facebook and WhatsApp
...The social media company also unveiled more details of its latest headset, an update of its top-selling Quest 2....
September 27, 2023
Banks
Mike Mayo ❤️ Citi
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
January 2, 2024
LexNetflix Inc
Streaming wars are over and Netflix won Premium content
...It expanded into reality TV, romcoms and international series while handing over large sums of money to well-known showrunners such as Shonda Rhimes and Ryan Murphy....
January 26, 2024
News in-depthIsrael-Hamas war
Israel conflict lets loose a deluge of falsehoods on social media
...Andrew Borene, executive director at Flashpoint National Security Solutions, a cyber security company, said he expected a “real escalation” in disinformation....
October 16, 2023
WhatsApp Inc
WhatsApp launches in-chat payments service for businesses in India
...chat with the company....
September 20, 2023

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