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TikTok owner ByteDance plans to launch music streaming: FT

TikTok owner Beijing ByteDance Technology Co Ltd is in talks with big music labels - Universal Music, Sony Music and Warner Music - for global licensing deals to include their songs on its new music subscription service, the Financial Times reported on Sunday.

SoftBank's Yahoo Japan, Line Corp announce merger

Japanese telco SoftBank Corp on Monday announced plans to merge its internet unit Yahoo Japan with messaging app operator Line Corp as it scoops up troubled internet companies to bulk up against rivals like Rakuten Inc .

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