The European Commission escalates its crackdown on Big Tech, imposing hefty fines and launching new investigations, defying U.S. government pressure. Explore the impact of the Digital Markets Act and Digital Services Act as the EU asserts its regulatory authority over major tech firms.

Capital Today on Wednesday won out over several other interested parties to acquire equity from Bank of China Group Investment Ltd, an early institutional investor in ByteDance.

According to Bloomberg, TikTok owner ByteDance is allegedly in talks to sell gaming studio Shanghai Moonton Technology Co. to Saudi Arabia-based