The origin of the algorithms that power TikTok have complicated a forced sale of the app’s U.S. business, according to The Wall Street Journal . TikTok’s Chinese parent company, ByteDance, would presumably transfer said algorithms, which power the app’s endless feed of videos, to an American buyer. But last week the Chinese government added such software to a tech export list, meaning a sale to...
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Meta Declares ‘Year of Efficiency’ as Revenue Stagnates
We’re in the middle of Chinese New Year celebrations at the start of the Year of the Rabbit. At Meta Platforms, though, it’s the “year of efficiency,” as CEO Mark Zuckerberg declared Wednesday on announcing fourth-quarter results. Investors such as Altimeter Capital, which last fall called on Meta to streamline, will be happy. It’s just a pity that Meta, like much of big tech, appears to have...
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Meta Declares ‘Year of Efficiency’ as Revenue Stagnates
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