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Ma’an launches contribution drive ‘Abu Dhabi Gives Back’

ABU DHABI / WAM The Authority of Social Contribution – Ma’an, Abu Dhabi government’s official platform for social contributions, announced its Abu Dhabi Gives back drive. Ma’an called on Abu Dhabi residents to dig deep this Ramadan and make a sustainable social impact by supporting social priorities that matter to them. Reflecting the values of the authority, the campaign encourages ...

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ByteDance matches Tencent’s $80b sales after TikTok boom

BLOOMBERG ByteDance Ltd’s revenue surged more than 30% to surpass $80 billion in 2022, matching the tally at archrival Tencent Holdings Ltd after twin video platforms TikTok and Douyin drew eyeballs and advertisers from social media incumbents. The world’s most valuable private tech firm told its investors in a recent memo that revenue surged from around $60 billion in 2021, ...

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China urges Japan to refrain from joining US chip curbs

BLOOMBERG China’s Foreign Minister Qin Gang urged Japan to refrain from supporting US efforts to suppress the Chinese semiconductor industry, while his counterpart pressed for the swift return of a Japanese citizen detained by Beijing. During a meeting with his Japanese counterpart Yoshimasa Hayashi in Beijing, Qin said a chip blockade will only strengthen Beijing’s resolve to achieve self-reliance, according ...

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