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In September 2015, ByteDance launched its video-sharing app TikTok (known as Douyin in China) with little fanfare. The product was an instant hit with millennials and became popular worldwide. ByteDance bought Musical.ly a year later for US$800 million and integrated it into TikTok. [12]
President Donald Trump's executive order delaying the TikTok ban taking effect gives its owner, ByteDance, a 75-day reprieve — but the app's future is far from certain.
ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing and incorporated in the Cayman Islands. [7]Founded by Zhang Yiming, Liang Rubo, and a team of others in 2012, ByteDance developed the video-sharing apps TikTok and Douyin.
On Friday, the Supreme Court upheld the bipartisan law that forces TikTok’s Chinese owner, ByteDance, to sell its U.S. operations by Jan. 19 or be banned because of national security concerns.
TikTok, Inc. v. Garland, 604 U.S. ___ (2025), was a United States Supreme Court case brought by ByteDance Ltd. and TikTok on the constitutionality of the Protecting Americans from Foreign Adversary Controlled Applications Act (PAFACA) based on the Freedom of Speech Clause of the First Amendment, the Bill of Attainder Clause of Article One, Section Nine, and the Due Process Clause and Takings ...
Elon Musk was recently linked with buying the US arm of ByteDance’s flagship app but those reports were ... So McCourt wants TikTok - but not the algorithm which comes with it, which he has ...
ByteDance did not immediately return a request for comment from Business Insider on Sunday. The TikTok owner's push to acquire more Nvidia chips is part of the company's broader effort to ...
A new subsidiary, TikTok U.S. Data Security Inc. (USDS), was created to manage user data, software code, back-end systems, and content moderation. It would report to the Committee on Foreign Investment in the United States (CFIUS), not ByteDance or TikTok, even for hiring practices. Oracle would review and spot check the data flows through USDS.