New Delhi, July 9 (IANS) China’s major technology companies have trimmed nearly 1.3 lakh jobs over the past year as rapid adoption of artificial intelligence (AI) and corporate restructuring reshape the sector, with a new report criticising the Chinese Communist Party (CPC) for remaining silent over the large-scale workforce disruption.The report from Sri Lanka-based Daily Mirror said Alibaba, Tencent, ByteDance, Meituan and Baidu have announced tens of thousands of job cuts with some divisions …
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Washington, Jan 23 (IANS) TikTok said it has created a new US-based joint venture to meet federal security requirements and allow Americans to keep using the popular video app.The new entity, called TikTok USDS Joint Venture LLC, was formed under an executive order signed by President Donald Trump on September 25, 2025. TikTok said the move will allow more than 200 million Americans and 7.5 million US businesses to continue using the platform.TikTok said the joint venture is majority American-ow…