Business Tech

Politics

US government to probe Zoom deal over China ties

A Justice Department-led panel is investigating Zoom Video Communications Inc.’s deal to buy an American customer-service software company, citing potential national-security risks posed by the U.S. videoconferencing giant’s China ties.

Lifestyle

TikTok maker caps screen time for youths in China

In the latest move to curb screen time for younger Chinese users, ByteDance Ltd., the maker of the hit short-video mobile app TikTok, said that it would restrict access to Douyin, the Chinese version of the app, to 40 minutes a day for users under 14 years old.

Technology

Fintech startup Pagaya nears $9 billion SPAC deal

Pagaya Technologies Ltd. is close to an agreement to go public through a merger with a special-purpose acquisition company that would value the financial-technology startup at about $9 billion, said people familiar with the matter.