TikTok CEO faces questioning from US lawmakers over security concerns related to the app

Representatives from both parties voiced worries about TikTok, but offered no evidence of the app harming US national security interests

Temu owner PDD Holdings sees surge in revenue and marketing expenses in Q4

While PDD's revenue growth was lower than expected, it outperformed its Chinese competitors.

Baidu shares slumped for the “underwhelmed” Ernie Bot debut

Baidu's Robin Li says pre-trained large language models will be “a game changer for cloud computing”.