The Latest Breaking News from ByteDance

China is appealing to other governments to treat its companies fairly after Britain and New Zealand joined the United States in restricting use of TikTok due to fears the Chinese-owned short video service might be a security risk

TikTok is once again fending off claims that its Chinese parent company, ByteDance, would share user data from its popular video-sharing app with the Chinese government, or push propaganda and misinformation on its behalf. China’s Foreign Ministry on Wednesday accused the United States itself of spreading disinformation about TikTok's potential…

China is accusing the U.S. of spreading disinformation amid reports the Biden administration is calling for TikTok's Chinese owners to sell their stakes in the company

Without details of outstanding U.S. concerns, its sale-or-ban demand smells like protectionism.

The United Kingdom says it will ban TikTok on government phones with immediate effect, a move that follows other countries.

The short-form video site is facing battles on multiple fronts, and its continued existence is far from guaranteed, despite its success.

TikTok will be concerned Rishi Sunak will match each upward ratchet in pressure from his allies

Plus: Lack of independence could cause childhood mental health issues, Biden follows Trump playbook on TikTok, and more...

European markets have calmed down after Credit Suisse secured a lifeline of up to 50 billion Swiss francs from the country's central bank. The crisis is just the latest to hit the embattled lender, which has suffered a string of scandals and management issues. Jitters over the banking sector remain…