Tech industry layoffs are continuing. According to Bloomberg, TikTok is conducting another round of job cuts within its U.S. e-commerce unit, TikTok Shop—marking the third round of layoffs for them since April. The company did not respond to inquiries about the number of employees affected, the re...

According to a report from Commercial Times citing the Wall Street Journal, TikTok CEO Shou Zi Chew recently reached out to Elon Musk, who was nominated by the U.S. president-elect Donald Trump to lead the Department of Government Efficiency, to gain insights into potential technology policies under...

Amid the wave of global AI investments, China’s TikTok has confirmed the layoff of employees from its Malaysia division. According to a report by Reuters, over 700 employees have been laid off as the company pivots to increased use of AI for content moderation. The information was first reveale...