Data is the new oil, or at least that is what technologists will have you believe. And much like battles over natural resources, there is a virulent debate about who owns the information.
Two of China’s largest tech companies – TikTok owner ByteDance and Tencent – are locked in a legal fight about who owns the data created by their users.
On Monday, the case was accepted by a court in Beijing, a move that experts said could become a “landmark” case as authorities ramp up antitrust efforts.
Bytedance is accusing Tencent of blocking links to Douyin, its Chinese-version of TikTok, on WeChat and QQ, saying they are owners of the data their users create.
Tencent has vowed to countersue, accus
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Feb 08, 2021