Source: China – South China Morning PostThe Chinese government has taken a minority stake and a board seat in TikTok owner ByteDance’s main domestic subsidiary, which could signal closer oversight by Beijing over the country’s most valuable technology unicorn.Beijing ByteDance Technology Co sold a 1 per cent stake to state-owned firm Internet Investment Chinese (Beijing) Technology in a transaction in late April, according to Tianyancha, a Chinese corporate registry data service. As part of the deal, a government official named Wu…Read More