The Seattle city school district has filed a unique lawsuit against Big Tech, claiming that social media addiction is harming young people and preventing schools from fulfilling their educational mission.

TikTok Chief Executive Shou Zi Chew is scheduled to meet with European Union officials and regulators in Brussels next week, as the app faces heightened scrutiny over its Chinese ownership.

The discussion about the potential banning of TikTok in the United States is not limited to the nation's capital.

Deal makers are hoping that initial public offerings from Chinese companies will make a resurgence in Hong Kong and New York in the coming year, though they may have to begin with smaller offerings.

Many multinational CEOs like to close out the year with a message of congratulations. However, Tencent Holdings Ltd.’s billionaire co-founder Pony Ma delivered a no-holds-barred rant about slacking, oblivious and even corrupt employees.