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In August 2012, ByteDance launched the first version of news and content platform Toutiao (头条, lit. "headlines"), which would become their core product. [15] In January 2013, in an attempt for commercialism and nationalism, a four-part plan for the future was presented to executives. Part four of the plan was to build an English version of ...
The supremely popular TikTok could be banned on Jan. 19 under a federal law that forces the video sharing platform to divest itself from its China-based parent company, ByteDance, or shut down its ...
The global games market is projected to generate $272B by the end of the year — for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.
So, going global is a must." [32] ByteDance created TikTok as an overseas version of Douyin. TikTok was launched in the international market in September 2017. [33] On 9 November 2017, ByteDance spent nearly $1 billion to purchase Musical.ly, a startup headquartered in Shanghai with an overseas office in Santa Monica, California.
W hen Congress passed a bill in April 2024 ordering ByteDance to either sell TikTok or face a ban, many speculated that ByteDance would opt to sell, because the American market was too valuable to ...
The partnership—intended to address the Trump administration's concerns over data security, and avoid an outright sale of its business and technological assets that the Chinese government would likely oppose—would involve ByteDance to transfer management of the app's U.S. user data to Oracle's cloud services, and possibly offer it and other ...
(Bloomberg) -- TikTok owner ByteDance Inc. is focused on hiring staff to beef up its international operations before considering an initial public offering in the U.S. or Hong Kong over the longer ...
ByteDance's next step in the AI race is to use Huawei's Ascend 910B chip to train a large-language AI model, said the people, declining to be identified as the plan is confidential. Training AI ...