BIG TECH NAMES TENCENT AND DOUYIN TAKE FIGHT INTO EACH OTHER’S CAMPS

• As China sharpens its claws on the country’s leading tech companies, two of the industry's biggest names in the business are indulging in a verbal backlash.
• Douyin — the Chinese version of short-content video app TikTok -— sued Tencent (TCEHY) on Tuesday. It claimed that the Shenzhen-based social media firm has taken undue advantage of its market leadership to edge out competitors.

Dou....