https://www.reuters.com/article/us-bytedance-tiktok-exclusive-idUSKBN2341VJ

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BEIJING/NEW YORK/WASHINGTON (Reuters) - TikTok’s poaching of Disney’s Kevin Mayer to be its CEO was just the most visible part of a broader strategy by its Chinese owner to shift its centre of power away from China at a time of rising global tensions, several people familiar with the plans said. Tik Tok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. REUTERS/Dado Ruvic/Illustration. The short video app’s parent company ByteDance has quietly made a series of moves in recent months to transfer global decision-making and research capabilities out of its home country, the sources told Reuters. The strategy is aimed not only at ... Full story

28 May

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