China-based ByteDance has said in boardroom discussions that it won’t be selling its essential algorithm for the video-sharing app TikTok in any manner, according to...
The People’s Republic of China would rather shutter TikTok’s U.S. headquarters than sell it to an American company, sources told Reuters. ByteDance, the Chinese company that owns...
President Donald Trump is holding firm to the deadline for video-sharing company TikTok to be sold to a U.S.-based buyer, according to Reuters. On Thursday...
China is debuting a new initiative to set worldwide standards for data security, according to a new report from The Wall Street Journal (WSJ). The...
Labor Day weekend is here, bring us some welcome respite from a long summer. The PYMNTS Weekender has all the latest reading material on payments...
Days after one of the world’s highest-valued FinTech conglomerates filed to go public, Chinese regulators are increasing scrutiny of non-bank financial companies. Last week, Ant...
Prospective buyers of video-sharing service TikTok want to see ways to quickly acquire the app from parent ByteDance, with one option being buying the U.S....
Luxury goods are making a comeback in retail as seen through results from Tiffany & Co. and Movado as well as promising signs from department...
The Bermuda government is working on a plan to roll out a digital stimulus token to help residents and vendors, The Royal Gazette reported. Working...