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You may love or hate TikTok, but you cannot ignore it. Despite controversies, the Chinese video sharing app has surpassed social media giant Facebook as the most preferred social networking app globally in the March 2019 quarter, with some help from India. Despite a $5.7 million FTC fine and changes to restrict its use by those younger than 13 years old, TikTok retained its No. 1 position as the most downloaded app on the Apple App Store for the fifth consecutive quarter.

How TikTok overtook Facebook and Instagram to become the most downloaded app on planet You may love or hate TikTok, but you cannot ignore it. Despite controversies, the Chinese video sharing app has surpassed social media giant Facebook as the most preferred social networking app globally in the March 2019 quarter, with some help from India. Despite a $5.7 million FTC fine and changes...

The People's Bank of China (PBC) has dealt with 602 cases of cash rejections, including one involving Alibaba's Hema supermarket, and it ordered companies to add cash payment lines.

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China's central bank has launched a crackdown on retail stores that refused to accept cash The People's Bank of China (PBC), the central bank, has launched a crackdown on retail stores that refused to accept cash as payment, in support for older residents who prefer to use cash instead of mobile payments.The PBC has dealt with 602 cases of cash rejections, including o...