LeEco founder's assets seized as China pursues absent web mogul; Snapchat developing ‘Stories Everywhere’ outside the app; and TaskUs grows to more than 8,000 employees.

LeEco Founder's Assets Seized as China Pursues Absent Web Mogul

A Chinese court has seized all the assets owned by LeEco founder Jia Yueting it could unearth, as the country’s legal bodies step up action against an internet entrepreneur who once declared war on Apple and Tesla Inc., Bloomberg reports. The Beijing First Intermediate People’s Court seized more than $200,000 in bank deposits, the court said in a statement posted on its website this week.

Snapchat Developing ‘Stories Everywhere’ Outside the App

Snapchat is developing a new product called “Stories Everywhere” with a goal of making Snapchat Stories available outside the app for the first time and kick-starting the app’s stagnant user growth, Cheddar reports. To lead the effort, Snapchat’s parent company, Snap Inc., has hired Rahul Chopra, the former senior vice president and global head of video at News Corp, who recently was chief executive of the media conglomerate’s social data agency Storyful.

TaskUs Grows to More than 8,000 Employees

TaskUs, a customer service outsourcing firm, grew to more than 8,000 fulltime employees worldwide in 2017, according to a press release. The company opened new offices in San Antonio, Texas; Baja, Mexico; Santa Monica and the Philippines.

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