(Bloomberg) -- TikTok is cutting more workers from its US e-commerce division, TikTok Shop, the third round of layoffs for that team since April. “As the TikTok Shop business evolves, we regularly ...

TikTok laid off some U.S. employees working in its e-commerce unit, TikTok Shop, on Wednesday. The two divisions impacted were TikTok Shop’s U.S. operations and global key accounts teams. A leaked ...

TikTok’s Chinese owner is poised to keep roughly half the profits from the app’s US business — even after ceding majority ownership to US investors under a deal pushed by President Trump, according to ...