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The Latest Breaking News from Toutiao

China’s richest person wants the ByteDance founder to apologize for not stopping an online smear campaign

Zhong Shanshan, chairman of Nongfu Spring, is blaming two of China’s Big Tech companies for troubles at his bottled water company.

Fortune

TikTok's founder is now China's richest person

Zhang Yiming has a net worth of $49.3 billion, which has grown 43% since 2023.

Fortune

Six urgent questions TikTok’s CEO needs to answer for US lawmakers

Stakes are high for the app’s US future with the administration pushing for Chinese owners to sell their shares in the firm

The Guardian - US

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Yesterday's News? Qutoutiao Adds Delisting Threat to Growing Headaches

Key Takeaways: Qutoutiao faces potential delisting after being notified last week that the value of its publicly held shares is too small The cash-strapped company has adopted a cost-cutting strategy over the last two years, and has yet to report its first and second quarter results for this year By…

Benzinga

Alibaba, TikTok Parent Launch Interest-Oriented Social Apps: Report

Alibaba Group Holding Ltd (NYSE:BABA) owned online shopping platform Taobao launched an interest-oriented community app called "Yousha" Pandaily reports. TikTok parent ByteDance Ltd's news and information content platform Toutiao tested a smart reading app called "Shiqu." The report adds that both the apps drive social interaction with personal interests, creating an interactive…

People

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