ByteDance plans to add four directors to expand its board to nine seats as the company faces regulatory pressure globally, the South China Morning Post reported on Wednesday, citing two unnamed sources and adding that shareholders approved the proposal in an investor meeting on Tuesday. ByteDance’s board currently consists of representatives from General Atlantic, Susquehanna International Group, Coatue Management, and Sequoia China, alongside ByteDance chief executive Liang Rubo. The Beijing-based firm’s short video platform TikTok is facing a potential $29 million fine in the UK over child privacy violations, as well as attempting to negotiate a deal in the US to resolve national security concerns under the Biden administration. [South China Morning Post]