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Bytedance unveils video-based messaging app

Bloomberg Bytedance Ltd, the world’s most valuable startup, unveiled a new video-based messaging service designed to take on Tencent Holdings Ltd’s dominant WeChat. Bytedance launched the new service, named “Duoshan,” during a live-streamed event in Beijing. Similar to Snapchat, the app lets users send short-lived videos, GIFs and images to each other. Best known for its news aggregation service Toutiao ...

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Toyota Motor’s new Supra, first in 21 years, launched

Bloomberg After multiple leaks on blogs and social media, Toyota unveiled in Detroit on Monday the fanboys’ most darling of darlings: the 2020 Supra. It’s the first time Toyota Motor Corp has made and sold a new Supra in the US in 21 years. It’s also the first time the automaker has built a throwback sports car that includes BMW ...

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Big tax break for businesses at risk as US shutdown drags on

Bloomberg The longest government shutdown in US history could cause tens of thousands of businesses to make a tough choice about whether to claim one of the biggest perks in the Republican tax overhaul. Owners of so-called pass-through entities such as partnerships and limited liability companies have to file their businesses’ returns by March 15 — and still don’t have ...

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