Page 7 - Bytedance

ByteDance selling TikTok's AI technology to firms, including those in India

China-based ByteDance which is parent company of TikTok, has reportedly started selling the AI technology of the short video-making app to other companies, including in India where the app is banned

ByteDance founder tells staff he's moving away from daily CEO work: Report

In May, Zhang unexpectedly announced that he will step down as CEO of the TikTok owner amid Chinese' regulators' tightened scrutiny of the country's biggest technology firms.

TikTok owner ByteDance's 2020 revenue soars, net loss at $45 billion: Memo

TikTok owner ByteDance's total revenue more than doubled last year to $34.3 billion but its net loss widened to $45 billion, according to a company memo seen by Reuters

ByteDance launches share buyback after shelving IPO plans: Report

BEIJING (Reuters) - ByteDance, the Chinese owner of short video platform giant TikTok, launched a share buyback this week for current and former employees, two people with direct knowledge of the matter said on Wednesday.

China says ByteDance, Baidu, Microsoft improperly collected user data

China's internet watchdog said on Friday that companies including ByteDance, Baidu and Kuaishou had improperly collected user data.

ByteDance founder Zhang Yiming to step down as CEO by end of 2021

Zhang will move to a 'key strategy' position at the end of this year, ByteDance said in a statement.

ByteDance hires thousands to challenge e-commerce king Alibaba

A burgeoning e-commerce business could help the firm surpass its $250 billion valuation when it goes public, countering concerns around Beijing's crackdown on the country's internet behemoths

TikTok appoints ByteDance finance chief Shouzi Chew as new CEO

Chew had served as Xiaomi's chief financial officer from 2015 to 2020, and ran its international business for a year.

China's ByteDance says it has no recent plans for public listing

The firm conducted a thorough study

TikTok founder's $60 bn fortune places him among the world's richest people

38-year-old Zhang Yiming, is among the world's richest people -- a distinction that lately has carried increased risks in China

China-based ByteDance's gaming unit Nuverse acquires C4games: Details here

China's ByteDance said on Wednesday that its gaming unit Nuverse has acquired C4games, as it seeks to further expand into the video games business

Pay Rs 79-cr GST dues to operate bank accounts, HC tells ByteDance

The indirect taxes department has accused ByteDance of evading taxes and not paying its GST dues in full, a charge denied by the Chinese firm

Bombay HC says ByteDance should deposit Rs 79 cr in tax evasion case

ByteDance has said in court it does not owe the tax Indian govt is demanding and does not agree with the tax authority's decision to freeze its accounts

ByteDance says India's freeze on bank accounts is harassment: Court filing

Beijing has repeatedly criticised India over that ban and those of other Chinese apps

India blocks two bank accounts of China's ByteDance in tax case: Report

ByteDance has mounted court challenge against directive, say sources; account freeze can hit ByteDance salaries, employees in India

ByteDance hires Xiaomi executive as CFO, moving towards IPO

ByteDance owns TikTok

ByteDance says its video games unit will acquire Mooton Technology

ByteDance said on Monday its video games unit Nuverse has agreed to acquire Shanghai-based Mooton Technology, as it seeks to further expand into the video games business

China regulators held talks with Alibaba, Tencent, 9 more on deepfake tech

Chinese regulators summoned 11 domestic technology companies including Alibaba Group, Tencent and ByteDance for talks on use of 'deepfake' on their platforms, stepping up scrutiny of the sector

TikTok owner ByteDance to pay $92 million in US privacy settlement

The federal lawsuit alleged that TikTok broke the Illinois biometric privacy law, which allows suits against companies that harvest consumer data without consent

ByteDance names head of China news unit as global TikTok R&D chief: Report

US investors, including Oracle Corp and Walmart Inc, have discussed with ByteDance taking a majority stake in TikTok's American operations