
Working from nine in the morning to nine at night, six days a week: this is the work culture of big tech companies, known in China as "996". But 996 has come under criticism. As pressure from both the public and regulators increases, changes are now on the horizon.
By Redaktion Table
The Chinese short video app TikTok has been downloaded three billion times globally. So far, only apps owned by Facebook have been able to reach such high figures. An IPO of its parent company ByteDance is rumored but has not yet been publicly confirmed. However, the competition is not waiting on the sideline. TikTok's biggest competitor is Kuaishou, which has been listed in Hong Kong since February.
By Frank Sieren