Tag: ByteDance
ByteDance’s Suit Alleges Tencent Violated China’s Antitrust Laws
ByteDance’s Douyin launched a lawsuit against Tencent Holdings alleging that its WeChat and QQ platforms are in violation of China's antitrust laws, Bloomberg reported on Tuesday,...
US Grants ByteDance Extension On TikTok Sale
The Trump administration on Wednesday, November 25, extended the deadline for Chinese company ByteDance to sell its video-sharing app TikTok by another week to...
TikTok Rival, Triller To Go Public Via Merger
San Francisco-headquartered video-sharing and entertainment company Triller is holding talks with a blank check company in an attempt to go public, according to Reuters....
ByteDance Is Talking With Gov To Avoid A Full Sale Of...
ByteDance is speaking with the US government about possible solutions that may allow it to retain some ownership of the US operations of TikTok,...
TikTok Owner ByteDance Buys Chinese Payments Firm UIPay
ByteDance, the Chinese firm that at least for now owns all of TikTok, has purchased a Chinese payments company, Reuters reported Friday (Sept. 4).
ByteDance said it...
TikTok Rival Bigo Shifts Servers From Hong Kong Amid US Scandal
Bigo Technology, a smaller rival of embattled Chinese appmaker ByteDance, is shifting servers from Hong Kong to Singapore, out of the reach of a...
Trump To Reportedly Order TikTok’s Owner, ByteDance, To Sell Its US...
President Donald Trump is set to order TikTok's Chinese parent company to sell the app's US operations, Bloomberg reported on Friday.
Trump is planning to...
TikTok Takeover Bid Sees $50B Valuation By ByteDance Investors
A group of investors with a stake in TikTok’s parent company, ByteDance, are maneuvering to take over the controversial social media app valuing it...
