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House votes to ban TikTok in US unless Chinese owner ByteDance sells to American company

Lawmakers, citing security concerns, voted to ban TikTok in the United States unless Chinese owner ByteDance sells to an American company. TikTok is facing a US ban.ANTONIN UTZ/GettyThe H.....»»

Category: personnelSource: nytApr 20th, 2024

TikTok"s owner is raking in cash

TikTok owner ByteDance, a Chinese company, grew its revenue by 60% in 2.....»»

Category: personnelSource: nytApr 10th, 2024

: CEO of TikTok parent ByteDance to step down

Zhang Yiming, co-founder of TikTok parent ByteDance, will step down as CEO by the end of the year, the Chinese company said Thursday......»»

Category: topSource: marketwatchMay 19th, 2021

TikTok owner ByteDance may be worth more than Twitter and Coca-Cola as a public company

The company behind TikTok is trading at $250 billion on the secondary market as it.....»»

Category: dealsSource: nytMar 30th, 2021

ByteDance tried to build an algorithm to censor Uighur livestreams on TikTok"s Chinese sister app, a former employee has claimed

The ex-ByteDance employee said the company tried to make an algorithm to censor Uigher livestreams from TikTok's sister app Douyin. Ethnic Uighur demonst.....»»

Category: worldSource: nytFeb 19th, 2021

With a new LA office and a forthcoming creator studio, TikTok is poised to take on Instagram and YouTube (GOOG, FB)

TikTok Short-form video app TikTok just announced it would open a studio for creators. TikTok, which is owned by the China-based company ByteDance, also recently opened an office in Los Angeles and i for a US CEO. Building up US.....»»

Category: topSource: businessinsiderJan 25th, 2020

Bytedance"s TikTok hires Microsoft IP chief as general counsel

Popular mobile video app TikTok said on Friday it has hired attorney Erich Andersen from Microsoft to serve as the company's global general counsel, reporting to president Alex Zhu......»»

Category: topSource: reutersJan 24th, 2020

Chinese company ByteDance denies reports that it"s considering selling stake in TikTok as the company looks to repair its image in the US

ByteDance is rumored to be considering selling off TikTok stake, but the company told Reuters and confirmed to Business Insider that it had no plans to sell. TikTok is a short-form video app especially popular among Gen Z, and it ha.....»»

Category: topSource: businessinsiderDec 24th, 2019

ByteDance has no sale plans for TikTok, media report untrue - internal note

Chinese social media firm ByteDance has no plans to sell part or all of its TikTok app, the short video platform's head said on Tuesday, denying a media report which said the company was currently weighing options to do so due to U.S. concerns......»»

Category: topSource: reutersDec 24th, 2019

TikTok Owner Partners With State Media Firm To Offer Blockchain, AI Services In China

A subsidiary of Beijing-based internet company ByteDance has formed a joint venture with state-run media firm Shanghai Dongfang Newspaper Co Ltd, according to Reuters. 0 read more.....»»

Category: blogSource: benzingaDec 16th, 2019

TikTok"s owner has been quietly testing a Spotify competitor

Costfoto / Barcroft Media via Getty Images ByteDance, the $75 billion company that owns TikTok, has been trialling a new music app cal.....»»

Category: topSource: businessinsiderDec 14th, 2019

Report claims TikTok parent company ByteDance is working with China"s Communist Party to spread propaganda on Xinjiang

Reuters ByteDance, the company that owns the viral video app TikTok, is working closely with China's .....»»

Category: topSource: businessinsiderNov 29th, 2019

Mark Zuckerberg says TikTok is a threat to democracy, but didn"t say he spent 6 months trying to buy its predecessor

Samuel Corum/Getty Images Facebook tried to buy Musical.ly, the company which was eventually bought by Chinese tech giant ByteDance and merged into rival social media plat.....»»

Category: topSource: businessinsiderNov 13th, 2019

TikTok"s parent company confirms plans for a smartphone

Yes, the company behind TikTok really is making a smartphone. ByteDance has confirmed that's producing a handset .....»»

Category: topSource: moneycentralJul 29th, 2019

Exclusive: China"s Bytedance says India TikTok ban causing $500,000 daily loss, risks jobs

India's ban on popular Chinese video app TikTok is resulting in "financial losses" of up to $500,000 a day for its developer, Beijing Bytedance Technology Co, and has put more than 250 jobs at risk, the company said in a court filing seen by Reuters......»»

Category: topSource: reutersApr 23rd, 2019

Uber competitor Via expands worldwide

Driving around London, Samuel Burke interviews Via CEO Daniel Ramot to discuss the company's global expansion and how they get the vast majority of their riders to share rides instead of going solo......»»

Category: videoSource: cnnAug 10th, 2018

GOP Senator Who Owns Meta Stock Denies Conflict of Interest Ahead Of TikTok Ban Vote: "I Am Not Fighting Against A Company"

While Mullin denied divulging details about his market activities, he mentioned that he was not fighting against a company, but the Chinese Communist Party. read more.....»»

Category: blogSource: benzinga13 hr. 2 min. ago

Elon Musk Answers Question On Reducing Involvement At Tesla In Coming 3 Years: "It"s Rare For Me To Take A Sunday Afternoon"

Amid speculations about his role at Tesla, Elon Musk asserts that he dedicates the majority of his time to the company, rarely taking time off even on Sundays. read more.....»»

Category: blogSource: benzinga14 hr. 18 min. ago

TikTok"s time in the US could soon be on the clock, and that"s not the app"s only problem

ByteDance will undoubtedly put up a legal fight over the law, and will also .....»»

Category: smallbizSource: nytApr 23rd, 2024

Analyst Predicts TikTok Shutdown In US By Next Year Ahead Of Senate Vote: "Will Not Operate Here..."

The legislation proposes that TikTok must be sold within a year or face a ban from U.S. app stores. read more.....»»

Category: blogSource: benzingaApr 23rd, 2024