China Punishes ByteDance, Tencent-Backed Apps in Clampdown
The Beijing ByteDance Technology Co. headquarters in Beijing, China. (Photographer: Giulia Marchi/Bloomberg)

China Punishes ByteDance, Tencent-Backed Apps in Clampdown

(Bloomberg) -- China has penalized 10 of the country’s most popular livestreaming apps, suspending some of their operations in a renewed crackdown on fast-growing services backed by Tencent Holding...
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