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International

Yingzhi Yang

Not my pay! Some tech workers bemoan China's crackdown on compulsory overtime

Sep 03 2021

BEIJING The Chinese government's campaign to improve conditions for workers has spurred companies, particularly some of its hardest-driving tech giants, to cut down on long hours of compulsory overtime but not all employees are happy about it.

China's SenseTime says daily users of its augmented reality tech number 100 million

Aug 20 2021

BEIJING China's SenseTime, which sells augmented reality technology to other companies, has seen global daily active users of that tech grow to 100 million from its launch of the business in 2016, a company executive said.

UPDATE 1-Beijing took stake and board seat in key ByteDance domestic entity this year

Aug 17 2021

BEIJING/SHANGHAI, Aug 17 The Chinese government took a stake and a board seat in a key ByteDance entity this year - a move that raises questions over how much influence Beijing is planning to wield in a tech sector reeling under an onslaught of regulatory action.

Chinese tech firms 'self-correct' to get ahead of potential regulatory fury

Aug 11 2021

BEIJING Fretting about unprecedented regulatory heat for China's tech sector, some companies are no longer waiting for any official reprimands that may or may not be forthcoming.

Chinese antitrust regulator to block Tencent's videogaming merger: sources

Jul 05 2021

China's antitrust regulator is set to formally block Tencent Holdings Ltd's plan to merge the country's top two videogame streaming sites, Huya and DouYu, three people familiar with the matter told Reuters.

TikTok owner ByteDance launches share buyback after shelving IPO plans - sources

May 26 2021

BEIJING ByteDance, the Chinese owner of short video platform giant TikTok, launched a share buyback this week for current and former employees, two people with direct knowledge of the matter said on Wednesday.

'I'm not very social': ByteDance founder to hand CEO reins to college roommate

May 20 2021

Zhang Yiming announced he will step down as CEO of TikTok-owner ByteDance, saying he lacked the social skills to be an ideal manager and naming his college roommate Liang Rubo as his successor to navigate a rising tide of Big Tech regulations. | Video

Timeline: ByteDance founder who put TikTok on global map to quit as CEO

May 20 2021

SINGAPORE/BEIJING Zhang Yiming will step down as chief executive of TikTok-owner ByteDance, handing over to college roommate, long-time colleague and current human resources head Liang Rubo.

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