The Wall Street Journal says the move demonstrates "how their jobs of running a collection of stores have become more critical to the company’s success." ...
A plan for a "change of control" at TikTok in the U.S. could obviate the need for a sale, according to a board member at ByteDance, the app's Chinese owner.
CNN is laying off 200 people, all within its traditional TV department, and adding roughly the same number of roles supporting its digital products, the company's CEO announced to staff in a memo.