The Roblox final fantasy

The Roblox final fantasy

Hello friends, and welcome to Week in Review. Last week, I talked a bit about NFTs and their impact on artists. If you’re inundated with NFT talk just take one…

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Will the Clubhouse model work in China?

On Friday just past midnight, I stumbled across a Clubhouse room hosted by a well-known figure in the Chinese startup community, Feng Dahui. At half-past midnight, the room still had…

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Signal and Telegram are also growing in China — for now

As fears over WhatsApp’s privacy policies send millions of users in the West to Signal and Telegram, the two encrypted apps are also seeing a slight user uptick in China,…

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From the U.S. to China, Korea, India and Europe, antitrust action against tech is gaining serious momentum

From the U.S. to China, Korea, India and Europe, antitrust action against tech is gaining serious momentum

After decades of global expansion and consolidation in the tech sector, antitrust is now a headline issue for the industry across the world. What has been a slow and sputtering…

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TikTok’s parent company, ByteDance, is reportedly looking for $2B before its Hong Kong public offering

ByteDance, the company behind the social media sensation TikTok, is in talks to raise another $2 billion before the initial public offering of a large chunk of its international businesses…

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ByteDance valuation under huge pressure as TikTok sale nears

As it reached an estimated valuation of $100 billion this year, TikTok’s parent company ByteDance solidified its status as the most valuable startup in private markets. Its success outside China…

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TikTok announces first data center in Europe

TikTok, the Chinese video sharing app that’s found itself at the center of a geopolitical power struggle which threatens to put hard limits on its global growth this year, said…

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TikTok updates policies to ban deepfakes, expand fact-checks, and flag election misinfo

As uncertainty swirls around TikTok’s future in the U.S., the company this morning announced new Community Guidelines focused on helping keep misleading and deceptive content off its platform. The new…

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TikTok unveils $200 million fund for U.S. creators

TikTok today announced a $200 million fund, aimed at helping top creators in the U.S. supplement their earnings, and potentially coax the next Charli D’Amelio out of the woodwork. Called…

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COVID-19 pivot: Travel unicorn Klook sees jump in staycations

Spring 2020 was gloomy for Klook. As countries closed their borders and went into complete or partial lockdown, the SoftBank-backed travel platform saw its revenue plummet by as much as…

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