Sunday, June 25, 2023

As TikTok CEO Shou Chew announces a five-year $10B investment in Indonesia experts say competition and regulation have made TikTok vulnerable in Southeast Asia (Mercedes Ruehl/Financial Times)

Mercedes Ruehl / Financial Times:
As TikTok CEO Shou Chew announces a five-year $10B investment in Indonesia, experts say competition and regulation have made TikTok vulnerable in Southeast Asia  —  Viral app's parent ByteDance targets large Indonesian market but faces growing regulatory scrutiny around the world



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Tether acquired 8,888 bitcoin worth $735M in Q1 2025, taking its total holdings to $7.8B and making it the sixth-largest bitcoin holder in a single wallet (Yogita Khatri/The Block)

Yogita Khatri / The Block : Tether acquired 8,888 bitcoin worth $735M in Q1 2025, taking its total holdings to $7.8B and making it the six...