{"id":26072,"date":"2021-11-05T13:00:16","date_gmt":"2021-11-05T13:00:16","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=26072"},"modified":"2021-11-05T13:00:16","modified_gmt":"2021-11-05T13:00:16","slug":"tiktok-owner-bytedance-bids-farewell-to-boundless-expansion-as-beijing-tightens-grip-on-big-tech","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=26072","title":{"rendered":"TikTok owner ByteDance bids farewell to \u2018boundless\u2019 expansion as Beijing tightens grip on Big Tech"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostTikTok owner ByteDance\u2019s sweeping corporate restructuring, announced earlier this week, will put an end to the company\u2019s aggressive expansion and herald a new era of consolidation for the world\u2019s most valuable unicorn, said analysts.The reorganisation will see ByteDance\ufeff divide its sprawling algorithm-driven business into six units, two of them consisting of TikTok and its Chinese sibling Douyin. Chew Shou Zi, the former Xiaomi executive who was appointed TikTok\u2019s CEO in May, will relinquish\u2026<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3155015\/tiktok-owner-bytedance-bids-farewell-boundless-expansion-beijing?utm_source=rss_feed\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostTikTok owner ByteDance\u2019s sweeping corporate restructuring, announced earlier this week, will put an end to the company\u2019s aggressive expansion and herald a new era&hellip; <\/p>\n","protected":false},"author":0,"featured_media":26073,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/26072"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26072"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/26072\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/26073"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26072"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}