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Latest Articles in ByteDance

Chinese Investor Bytedance Exits Daily Hunt, Josh Parent VerSe Innovation

The company sold its stake to Canadian investors during VerSe’s fundraising

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HC Allows China's ByteDance To Operate Indian Bank Accounts

ByteDance approached the HC last month denying all tax evasion allegations and seeking various reliefs, including challenging the provisional attachment order for freezing of its bank accounts in India.

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ByteDance Names Head Of China News Unit As Global Tiktok R&D Chief

TikTok had come under pressure from the Trump administration in the United States to divest the app's U.S. operations over concerns that user data could be passed on to China, which TikTok has repeatedly denied.

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China's Baidu Beats Revenue Estimates On Strong Cloud, AI Demand

Its total revenue rose 5% to 30.26 billion yuan ($4.69 billion) in the fourth quarter, topping analysts' average estimate of 30.06 billion yuan

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TikTok Hit With Consumer Law Breaches Complaints Across Europe

TikTok fails to protect children and teenagers from hidden advertising and potentially harmful content on its platform

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Tencent Bolsters Defenses For Core Businesses As ByteDance Muscles Into Its Turf

Beijing-based ByteDance has become a prolific 'app factory' valued at some $180 billion. It is now 22-year-old Tencent's biggest threat, eclipsing long-time rivals Alibaba Group Holding and Baidu Inc, Tencent sources said.

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Singapore Faces Talent Crunch As Tech Giants Scale Up

Singapore, an Asian base for many multinationals and banks, has for years had a tight labour market and the country of 5.7 million people does not yet have the capacity to quickly match the tech skills and experience the industry needs.

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ByteDance Says Cutting India Workforce, Unsure Of Comeback

TikTok had committed to spend $1 billion in the region. Before the ban it had become one of the fastest-growing social media apps in India, once its largest market in terms of users.

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India Retains Ban On 59 Chinese Apps, Including Tiktok

A government panel looking into the app ban decided, after reviewing the responses, that there will be no change in the country's position for now as the ban was in the interest of India's national security and sovereignty

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ByteDance In Talks To Buy Stake In Mobile Games Firm CMGE

ByteDance plans to buy part or all of the 27.6% CMGE stake held by Fairview Ridge Investment Ltd, controlled by CMGE chairman Xiao Jian and vice chairman Sin Hendrick, said two of the people.

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Reddit To Buy Tiktok Rival Dubsmash

The success of ByteDance's TikTok has prompted many social media companies to add short-video services to their platforms, with Snapchat Inc rolling out "Spotlight" in November and Facebook Inc launching "Instagram Reels" earlier this year.

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US Not Extending TikTok Divestiture Deadline, But Talks Will Continue

President Donald Trump's August order gave the Justice Department the power to enforce the divestiture order once the deadline expired, but it is unclear when or how the government may seek to compel divestiture.

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US extends deadline for sale of TikTok to November 27

US extends deadline for sale of TikTok to November 27

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ByteDance In Early Talks To List Chinese Short Video App Douyin In Hong Kong

ByteDance has discussed internally about the potential scenario and its representatives have met several investment banks in recent weeks to talk about such a possibility for Douyin, one of the people said, adding that the talks are very preliminary.

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Leaving Pakistan as people's mindset isn't good, says country's TikTok star

Leaving Pakistan as people's mindset isn't good, says country's TikTok star

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