TikTok Strikes Back in Indonesia

[ad_1] The Indonesian government executed its crackdown on “social shopping” in the name of protecting local small businesses. TikTok ended up taking over a local champion.  The deal makes good…

International Business Machines Corp. stock outperforms market on strong trading day

[ad_1] Published: Dec. 11, 2023 at 4:38 p.m. ET Shares of International Business Machines Corp. IBM inched 0.96% higher to $163.51 Monday, on what proved to be an all-around great…

TikTok to Invest More Than $1.5 Billion in GoTo to Restart Indonesia E-Commerce Business

[ad_1] Updated Dec. 11, 2023 4:29 am ET Bytedance’s TikTok will invest more than $1.5 billion in a deal with GoTo Group that will allow the Chinese video-sharing app to…

International Business Machines Corp. stock underperforms Thursday when compared to competitors

[ad_1] Published: Dec. 7, 2023 at 4:38 p.m. ET Shares of International Business Machines Corp. IBM sank 0.04% to $160.22 Thursday, on what proved to be an all-around great trading…

Why Amazon and Nvidia Need Each Other

[ad_1] Amazon needed to put on a good AI show this week. It got a little help from a surprising friend.  The e-commerce titan also happens to run the world’s…

Okta Says Hackers Stole Data For All Customer Support Users

[ad_1] Okta said hackers stole data for all of its customer support system users in a breach that the identity-verification company disclosed last month. Okta Chief Security Officer David Bradbury…

TikTok’s Owner Wanted to Create a Hit Videogame. It Failed.

[ad_1] SINGAPORE—TikTok’s Chinese parent ByteDance has bet billions on videogames since 2019, setting up its own creative unit and acquiring buzzy game makers.  Now it is winding down those efforts,…

Will Livestreaming Be TikTok’s Amazon-Killer?

[ad_1] TikTok is moving aggressively into e-commerce—a space where its Chinese equivalent is massively successful. [ad_2] Source link

Nvidia’s biggest risk to its outlook right now is China

[ad_1] Wall Street mostly got what it was hoping for with Nvidia Corp.’s fiscal fourth-quarter forecast and its optimism about the coming year, but questions about future sales to China…

WSJ News Exclusive | Osama bin Laden, Antisemitism and a Viral Tweet: Why TikTok Is Facing Its Biggest Threat

[ad_1] TikTok is facing what it views as perhaps its biggest crisis yet, with the world’s most popular app facing an intense backlash over the perception it favors pro-Palestinian and,…