TikTok parent company ByteDance generated more than $17-billion in revenue and more than $3-billion in net profit last year, making it a serious rival to Facebook and Google.
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A pair of Donald Trump’s tweets that made unsubstantiated claims about mail-in voting were appended on Tuesday with links pointing readers to news stories fact-checking him.
ByteDance’s valuation has risen at least a third to more than $100-billion in recent private share transactions, people familiar with the matter said.
Walt Disney Co’s top streaming executive, Kevin Mayer, will leave the entertainment and theme parks giant to become the CEO of TikTok, the popular video app owned by China’s ByteDance.
Facebook is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app.
More than 50 million pieces of content were given warning labels on Facebook for being misleading in relation to coronavirus, the social network has revealed.
Twitter has announced it will warn users when a tweet contains disputed or misleading information about the coronavirus.
Facebook is introducing new Messenger Rooms that can host groups of people on video – including those who do not have an account.
ByteDance just kicked off a wave of hiring it envisions hitting 40 000 new jobs in 2020, at a time technology corporations across the globe are furloughing or reducing staff.
WhatsApp has introduced new stricter limits on message forwarding in a bid to stop the spread of disinformation.