ByteDance has restricted the access of its employees in China to the computer code and data of its overseas products, including TikTok, according to PingWest. The move comes as ByteDance tries to assuage U.S. regulators’ concerns over how ByteDance handles Americans’ user data from TikTok and tries to separate its China business from its non-China operations. Earlier this year, ByteDance named...
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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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