ByteDance
Total 21 Posts
ByteDance is a Beijing-based Chinese Internet technology company founded in March 2012 by Zhang Yiming. It is known for operating a group of machine-learning-enabled social media platform, such as TikTok, Helo, Vigo Video, Douyin (the Chinese version of TikTok), BaBe, and Huoshan. As of May 2020, ByteDance is reportedly worth $100 billion. ByteDance is a direct competitor to other Chinese giants, including Alibaba, Baidu, and Tencent.
Federal Court Issues a Preliminary Injunction to Block WeChat and TikTok in the United States
TikTok and WeChat blocking decrees should enter into force on September 20, but the judge decided to issue a preliminary injunction to block WeChat in the United States.
ByteDance Rejects Microsoft's Bid for TikTok
The Chinese company ByteDance will not sell its TikTok social media platform to Microsoft. It chose to partner with Oracle instead.
TikTok Ban: Why Is Trump Banning It, What Are the Consequences, and How to Bypass TikTok Ban
Using a VPN to have access to TikTok will help you protect yourself, and your data will remain hidden so that no one could trace you.
Twitter Has Held 'Preliminary Talks' About TikTok Acquisition
Twitter has reportedly held "preliminary talks" with TikTok about its acquisition, but Microsoft is still the front-runner and is ready to pay more than $30 billion for the social media platform.
Trump Sets Deadline for TikTok U.S. Ban Unless the American Company Buys It
At a press conference in the White House, U.S. President Donald Trump explained in detail why, in his opinion, Microsoft or another "big," "secure," and "very American" company should buy TikTok.
Microsoft Will Continue Discussions to Purchase TikTok in the United States
In its blog post, Microsoft confirmed talks on the purchase of the American share of TikTok, and declared its readiness to continue discussing the potential deal after a conversation between Microsoft CEO and US President.
The Takeover Bid of TikTok Is Valued at $50 Billion
Due to the US pressure over the Chinese company, ByteDance is considering several options of how the situation may develop. That's why now some investors want to acquire the popular short video app TikTok.
