TikTok-owner ByteDance is paying a half-month bonus to employees as its 60,000-strong workforce faces uncertainty about the fate of its global hit video-sharing app. ByteDance is being forced to sell the U.S. operations of TikTok under pressure from an executive order issued by U.S. President Donald Trump. In addition, China has issued new rules governing the export of artificial intelligence...
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The People With Power at Robinhood
Last year, as Robinhood’s trading activity boomed and legal problems mounted, the $11.7 billion startup shook up the ranks of its senior staff. The turnover means many top employees will be relative newcomers at the time of its anticipated public listing this year. The Menlo Park, Calif., company saw the departures of its head of international expansion and its general counsel, among...
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