Page 7 - Bytedance
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
 "TikTok founder's $60 bn fortune places him among the world's richest people")
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
 "China-based ByteDance's gaming unit Nuverse acquires C4games: Details here")
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
 "Bombay HC says ByteDance should deposit Rs 79 cr in tax evasion case")
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 hires Xiaomi executive as CFO, moving towards IPO")
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
 "China regulators held talks with Alibaba, Tencent, 9 more on deepfake tech")
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
 "TikTok owner ByteDance to pay $92 million in US privacy settlement")
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
Beijing-based ByteDance names new global head of R&D at TikTok: Report
The role is newly created and would be the first senior R&D position for TikTok
TikTok accused of failing to protect children from inappropriate content
According to an official statement issued by the European Consumer Organisation BEUC, a complaint has been filed with the EU and the network of consumer protection authorities against TikTok
 "TikTok accused of failing to protect children from inappropriate content")
ByteDance shelves Oracle-TikTok deal for US operations: Report
The exit of Donald Trump from the White House has reportedly led Beijing-based ByteDance to walk away from the deal
ByteDance explores sale of Indian TikTok ops to rival firm Glance: Report
The discussions, initiated by Japan's SoftBank Group Corp, are private, early and complex, the report said
US asks courts to put TikTok appeals on hold pending Biden team review
Three federal judges in separate rulings blocked Commerce orders on TikTok and for Chinese-owned WeChat
Tencent bolsters defenses for core businesses as ByteDance enters its turf
To buttress its core gaming division, the Shenzhen-based company has also stepped up acquisitions and the development of casual games
Tiktok decides to shut down India business, to lay off 2,000 employees
Chinese social media firm Bytedance, which owns Tiktok and Helo apps, has announced the closure of its India business following continued restrictions on its services in the country
 "Tiktok decides to shut down India business, to lay off 2,000 employees")
ByteDance says cutting India workforce, unsure of comeback: Report
The move came after India decided to retain its ban on TikTok and 58 other Chinese apps following responses from the companies on issues such as compliance and privacy
TikTok's parent firm ByteDance decides to cut jobs in India amid ban on app
India has decided to retain its ban on video app TikTok and 58 other Chinese apps after reviewing responses from the companies on issues such as compliance and privacy
 "TikTok's parent firm ByteDance decides to cut jobs in India amid ban on app")
