Page 6 - Bytedance

ByteDance cuts investment arm as deal curbs chill China tech

TikTok's owner is dissolving the internal venture capital and investing team that makes bets on promising startups, people familiar with the matter said

TikTok to tweak its 'For You Page' algorithm to avoid problematic content

Short video platform TikTok has announced that it is changing 'For You Page' algorithm to "avoid showing users too much of the same content".

India's ShareChat raises $266 million for valuation of $3.7 billion

The new investments, part of ShareChat's third funding round this year, was led by Alkeon and saw participation from Singapore's Temasek Holdings and Moore Strategic Ventures, among others.

TikTok owner ByteDance to shut edtech business in India, says report

China-based ByteDance, which is the parent company of short-video making app TikTok, is quitting its edtech business in India

ByteDance founder Zhang Yiming steps down as chairman to focus on TikTok

New CEO Liang Rubo has replaced Zhang on the five-member board, according to sources

ByteDance founder Zhang Yiming steps down as chairman to focus on TikTok

ByteDance founder Zhang Yiming had announced his resignation as chief executive officer in May

ByteDance to reorganise into six units, CFO steps down to focus on TikTok

This is the biggest organizational change since ByteDance co-founder Zhang Yiming said in May he would step down as CEO

TikTok tells US lawmakers it does not give information to China's govt

Senators at the hearing also voiced concerns that TikTok and rivals YouTube, owned by Alphabet Inc , and Snapchat have algorithms that can be harmful to young people

Top ByteDance investor to weigh $500-million stake sale during crackdown

The US investment firm sought to sell the stake at a price that valued ByteDance north of $400 billion, but it was unsuccessful and has since lowered the offer

China likely to allow rivals access Tencent, ByteDance content

It's also considering making short videos from ByteDance's Douyin - TikTok's Chinese cousin - show up in searches

TikTok surpasses 1 billion monthly active users; US, Europe biggest market

Social media giant Facebook in comparison in the second quarter had 3.51 billion monthly users across its family of apps, up from 3.45 billion in the first quarter

The Lord of Short Videos

This is a great primer in a developing story and highly recommended

China tech watchdog warns internet firms against blocking rivals

The government has accused a handful of companies of employing blocking and other methods to protect their respective spheres

ByteDance says it will downsize fintech biz, plans to sell stock broker ops

ByteDance, the owner of TikTok, said it would shrink its financial services unit and that it planned to sell its stock broking operations amid China's tightening grip on the fintech sector

TikTok is building its own AR development platform: Report

TikTok has launched a new creative toolset called TikTok Effect Studio that will allow its own developer community to build augmented reality (AR) effects for the platform.

Beijing took stake and board seat in key ByteDance domestic entity in 2021

The central Chinese government similarly holds a 1% stake in a key unit of Twitter-like Weibo called Beijing Weimeng Technology

TikTok owner ByteDance eyes Hong Kong IPO by early 2022: Report

ByteDance is going through a review process and has submitted filings to Chinese authorities, and final guidance is expected from ByteDance by September

ByteDance furloughs hundreds after China's tutoring crackdown

It's unclear if ByteDance will lay off more employees. Local media had earlier reported the shutting of the services

ByteDance shelves IPO after regulators warn about data security: Report

The Chinese tech giant, whose apps also include TikTok's Chinese twin Douyin and the news aggregator Toutiao, had kicked off initial preparations for an IPO of its domestic assets

TikTok's algorithm no longer a secret, available to firms: Things to know

The company is trying to sell the magic formula which made TikTok a huge success. Listen in to know more