China’s Internet giants have shared details of their prized algorithms with Beijing for the first time, an unprecedented move.
Kylie Jenner, the reality-show celebrity who is the most followed woman on Instagram, asked the app to “stop trying to be TikTok”.
TikTok has been conducting tests so users can play games on its video-sharing app, part of plans for a major push into gaming, sources said.
Chinese authorities are considering requiring Tencent to include WeChat Pay in a newly created financial holding company.
TikTok is working on ways to rate and restrict content by age in order to prevent adult content from reaching teenage users.
Microsoft CEO Satya Nadella said the company’s bid to acquire the US assets of ByteDance’s TikTok was the “strangest thing” he’s ever worked on.
TikTok hit a billion monthly active users globally this past southern hemisphere winter, the company said, marking a 45% jump since July 2020.
President Xi Jinping’s government is reining in the country’s most powerful corporations and their billionaire founders, including Alibaba Group, Tencent Holdings and Didi Global. But why?
Zhang Yiming, founder of TikTok owner ByteDance, told employees he will step down as CEO and be succeeded by human resources chief Liang Rubo, the company disclosed on Thursday.
Just last year, the world’s most valuable start-up, ByteDance, was being squeezed from all sides. For all the obstacles, the company kept growing. Now its founder, 38-year-old Zhang Yiming, is among the world’s richest people.