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The ByteDance logo is seen in this illustration taken, Nov. 27, 2019. REUTERS/Dado Ruvic/Illustration BEIJING, Jan 19 (Reuters) – ByteDance, the owner of short video app TikTok, announced on Wednesday that it was overhauling its strategic investment team after its business analysis earlier this month highlighted investments with “low synergies”. ByteDance will disband its group-level […]
Telecom firms in ‘crisis management mode’, says minister Economic crash has hammered currency, crippled power grid Diesel generators now needed to keep mobiles running Political deadlock means state-run firms can’t hike prices BEIRUT, Jan 12 (Reuters) – Lebanon’s telecom duopoly, once cash cows for the state, used to allocate most of their spending on wages, […]