ByteDance, Meta battle for virtual-reality market

Feb 13, 2023

ByteDance, the China-based owner of TikTok, is starting to snare market share in the virtual-reality headset space that Meta Platforms has identified as critical...

Ex-ByteDance executive accuses company of 'lawlessness'

May 14, 2023

A former executive at ByteDance, the Chinese company that owns TikTok, has accused the technology giant of a "culture of lawlessness," including stealing content...

ByteDance indefinitely postpones IPO over data security concerns

Jul 12, 2021

Beijing [China], July 12 : ByteDance, the Chinese owner of TikTok, has indefinitely put its initial public offering (IPO) plans on hold after the...

Won't sell TikTok's algorithm to US, says ByteDance

Sep 13, 2020

Beijing [China], September 14 : Chinese company ByteDance has decided not to sell or transfer the algorithm behind its video-sharing application TikTok in any...

Trump signs order banning ByteDance, Chinese parent of TikTok

Aug 07, 2020

Washington DC [USA], Aug 7 : United States President Donald Trump signed two executive orders on Thursday halting all transactions with Chinese company ByteDance,...

TikTok founder Yiming becomes China's richest man as billionaires dwindle in country

Oct 31, 2024

China has a new richest person: Zhang Yiming, co-founder of TikTok's parent company, ByteDance. His net worth is estimated at USD 49.3 billion.