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China's tech moguls see $110b of wealth evaporate in 2021

It’s been the toughest year for China’s 10 richest tech tycoons since 2012 amid wide scale crackdowns by Chinese regulators. ....

United States , Cheng Wei , Hong Kong , University Of Hong Kong , Hong Kong General , Jean Liu , Su Hua , Meituan Wang Xing , Giulia Marchi , Jack Ma , Richard Liu , Chen Zhiwu , Zhang Yiming , York Stock Exchange , Xiaomi Corp Lei Jun , Softbank Group Corp , Exchange Commission , Ant Group , Tencent Holdings , Asia Global Institute , Kuaishou Technology , New York Stock Exchange , Softbank Group , President Xi Jinping , Lei Jun , Wang Xing ,

This Week in Apps: Facebook tests App Store rules, Apple fights sideloading, Netflix games go global – TechCrunch

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes […] ....

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ByteDance founder Zhang Yiming exits board, joining exodus by Chinese tech founders

By Zheping Huang ByteDance Ltd.’s billionaire founder Zhang Yiming has stepped down as chairman, moving further away from the TikTok owner after announcing he was stepping down as chief executive officer in May. ....

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ByteDance founder Zhang Yiming steps down as chairman, leaves board

ByteDance founder Zhang Yiming has stepped down as chairman of the TikTok owner, after saying in May he would step down as CEO, a person with direct knowledge of the matter told Reuters, in the. ....

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ByteDance founder Zhang Yiming exits board as challenges mount

Other tech founders in China have also retreated from their creations in recent months. . Read more at straitstimes.com. ....

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