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ByteDance is actively in talks with relevant financial institutions in anticipation of refinancing its existing $5bn loan for three years. According to past reports, ByteDance had finalised a combined $5 billion loan in 2021. Specifically, the loan consisted of a 50/50 split between term and revolving credit.

Turkey has blocked the popular gaming platform Roblox over concerns about content that could trigger child abuse, Justice Minister said. Roblox reported more than 13,000 incidents of child exploitation in 2023, according to a Bloomberg report released last month.