Chinese artificial intelligence firm SenseTime has decided to withdraw its Hong Kong initial public offering and update its application with the aim of relaunching the IPO later, according to a person with knowledge of the matter. The move comes after the U.S. government added the company to an investment blacklist. SenseTime, which develops facial recognition software and other tools, plans...
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TikTok’s Ad Stumbles; an NFT Artist on Crypto Twitter, Philanthropy and Diversity
TikTok aims to rival the ad revenue of digital titans such as Meta Platforms, but a new report from my colleague Sylvia shows that turbulence within the short-form video app’s ad sales department threatens to throw it off course.That turbulence includes a high-pressure culture that has resulted in heavy turnover. Since top-down instruction still comes from Beijing, employees are confused about...
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