ByteDance said it’s laying off staff in India after the government there said it would extend a ban on Chinese apps, including TikTok, Reuters reported. TikTok’s owner, which had kept some 2,000 employees in India hoping that a ban in one of its biggest market by users would be lifted, told employees it’s not hopeful of a change. “We don’t know when we will make a comeback in India,”...
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The Briefing enterprise media/telecom
Iger’s Disney Fix-It Plan Has Something for Everyone
Bob Iger really should have run for president, as he once considered doing. His political instinct is unmatched, at least among CEOs. On Wednesday, in his first quarterly earnings call since returning to the top job at Disney, Iger offered something for everyone. A return of the dividend! Layoffs! Creative executives get their power back! Traditional TV is still important, Iger reminded...
SpaceX to Conduct Key Engine Test on Mars Rocket on Thursday
Alphabet’s Verily Appoints Biotech Executive As CFO
Francisco Partners Nears $1.7 Billion Deal for Sumo Logic
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