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The EU's tech chief called on Meta and TikTok to "act decisively" to stem disinformation at times of crisis, saying the European Commission held talks with both platforms Friday following last week's Ceuta migrant surge. The Meta office sign in Brussels, Belgium, in December 2022 A wave of social media disinformation is believed to have played a large part in the deadly rush of tens of thousands of men, women and children into Spain's north African territory, after a rumor th

Zhang Yiming, founder of TikTok owner ByteDance, has become Asia's second-richest individual with a net worth of US$92.8 billion, surpassing Indian billionaire Mukesh Ambani. Zhang Yiming, founder of ByteDance, speaks at a forum during the 2nd World Internet Conference in east China's Zhejiang province, Dec. 17, 2015 Zhang’s fortune jumped more than $24 billion on Wednesday after Bloomberg assessed ByteDance valuations from investors such as BlackRock, Fidelity Investments an