ByteDance is going through a review process and has submitted filings to Chinese authorities, and final guidance is expected from ByteDance by September
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
The company is trying to sell the magic formula which made TikTok a huge success. Listen in to know more
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
It was for the second time that the app has been banned this year after its suspension in March by the Peshawar High Court (PHC), which had taken action on a petition filed by several citizens.
US officials share many of the concerns Trump cited in his order banning TikTok
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
China on Thursday welcomed the US move to drop the Trump-era executive orders to ban its popular apps TikTok and WeChat
US President Joe Biden has signed an executive order revoking the Trump-era bans on Chinese application TikTok and WeChat and signed another executive order to protect US information technology
The Biden administration's move reflects the ongoing concern that Americans' personal data could be exposed by popular apps tied to China
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.
Zhang will move to a 'key strategy' position at the end of this year, ByteDance said in a statement.
YouTube Shorts is the latest short-video service offering by technology giant Google
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
Chew had served as Xiaomi's chief financial officer from 2015 to 2020, and ran its international business for a year.
YouTube Shorts which is a TikTok-like short form video app continues to gain popularity with over 6.5 billion daily views as of March, up from 3.5 billion at the end of 2020, the company has announced
TikTok, a social network where people post short videos, often set to music, has become this generation's hit machine
Daily unique active users for these apps are at 97 per cent of the total number in June 2020, when TikTok was banned in India
TikTok representative said privacy and safety were the company's top priorities and that it had robust policies, processes and technologies in place to help protect all users, especially teenage users
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