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...

TikTok files lawsuit against Trump administration challenging US ban

Aug 25, 2020

Washington D.C. [US], August 25 : ByteDance, the owner of TikTok on Monday (local time) said it was suing the Donald Trump administration, to...

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...

Hundreds of TikTok employees previously worked for Chinese state media: Report

Aug 14, 2022

Beijing [China], August 14 : Three hundred current employees at TikTok and its parent company ByteDance previously worked for Chinese state media publications, according...

China issues new directives to 'crimp' expansion of country's entertainment, tech giants

Jan 21, 2022

Beijing [China], January 21 : China has issued fresh directives to crimp the expansion of the country's entertainment and tech giants, including Alibaba, Tencent...

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,...