Chinese Regime Takes Financial Stake In TikTok, Now Directly Linked to Facebook Fact-Checker ‘Lead Stories’.
Business records reveal the Chinese Communist Party has retained a stake and a new board seat in TikTok’s parent company ByteDance, which in turn funds Facebook’s fact-checking partner ‘Lead Stories’. A Reuters report describes how the Chinese technology firm sold a one percent stake to WangTouZhongWen (Beijing) Technology, owned by three state-run entities, on April … Read more