The app where Gen Z vies for 10 seconds of fame has baffled older generations for some time now, but there is no hiding from TikTok’s meteoric rise in popularity
The top stories from the market this week include Tesla’s new $100bn status, Big Tech’s healthcare aspirations, China’s virus concerns, earnings news, and more Baby Yoda inspiration.
The deadly virus is causing China stocks to fall this week, as U.S.-listed companies such as Alibaba and Huazhu feel the sting of a nervous market.
China has been notorious for chewing up and spitting out foreign firms over the years, but its recent move to ban U.S. tech from its companies could prove even more costly.
Many of the world’s largest tech firms have conquered markets across the world, but few have been able to crack the largest market of them all: China.