Bloomberg ByteDance Ltd. is said to be exploring a sale of the India operations of TikTok to rival unicorn Glance, in an attempt to resuscitate the once-thriving short video sharing app that’s been banned indefinitely in the South Asian nation. The discussions have been initiated by Japan’s SoftBank group conglomerate. SoftBank is a backer of Glance’s parent InMobi as well ...

Bloomberg Porsche AG is increasing spending to bolster the digital products and services supplementing its luxury sports cars to lure more tech-savvy customers, particularly in China. The German manufacturer now invests 900 million euros ($1.1 billion) a year on digitisation compared with 800 million euros previously, Chief Financial Officer Lutz Meschke said. The Stuttgart-based company also puts about 150 million ...

Bloomberg Facebook Inc. has been “helping” law enforcement identify people who posted photos of themselves at the January 6 riots at the US Capitol, “even after the attack was over,” said Monika Bickert, the company’s head of global policy management. Bickert said Facebook removed posts from several militant groups in the lead-up to the violent event and continued to remove ...