HONG KONG -- ByteDance, a $75 billion Chinese startup, has turned a second executive over to police in a year as part of the company's anti-bribery campaign, the latest sign that Beijing's crackdown on corruption has deepened into the technology world.
ByteDance revealed last week that an executive it identified as Wang was found to be accepting bribes including luxury cars and several million yuan from a business partner, according to Chinese state-owned media The Paper. The Beijing-based company did not disclose details but said it had fired the executive and cut ties with the business partner.
