who is in the race to buy the Chinese app?

Elva Mankin

TikTok Before there was TikTok, there was Vine. The American-founded, short-form video app was used at the height of its popularity by more than 200 million people, letting them create seven second looping videos featuring music and comedy. A bit like TikTok.  In January 2017, however, the app met an untimely […]

Chinese ‘robotaxis’ take riders for a spin

Elva Mankin

Chinese entrants in the race to put autonomous vehicles on the road are bringing “robotaxis” online in hopes that a hired-car format can be the key to unlocking wide acceptance of the futuristic technology. It is expected to be years before cars that operate completely without human intervention are unleashed […]

Meet Zhang Yiming, the secretive Chinese billionaire behind TikTok who made over $12 billion in 2018 and called Trump’s demands to sell the app ‘unreasonable’

Elva Mankin

ByteDance CEO Zhang Yiming makes his own TikToks — and requires his senior employees to as well. Visual China Group via Getty Images; Ruobing Su/Business Insider Zhang Yiming built a $16.2 billion fortune after founding ByteDance, the Chinese software developer behind TikTok. Despite being one of the wealthiest people in […]

4 Chinese Tech Stocks That are Bouncing Back

Elva Mankin

People walking in Shanghai China appears to be recovering well from the coronavirus-induced economic slump. Shaking off its 6.8% contraction in the first quarter resulting from the pandemic lockdown, the Asian economic giant’s economy is picking up faster than Europe and the US. Indeed, the Shanghai Composite Index rose 5.7% to a […]