Latest news and updates about ByteDance.
As many of the country’s tech founders hand over the reins, it’s worth remembering that once start-ups grow to a certain size they need professional managers to take over.
ByteDance’s Douyin, the Chinese sibling of TikTok that has over 600 million daily active users, is testing paid content as the entertainment giant continues to seek ways to diversify its revenue.
District judge Donald Molloy has issued a preliminary injunction, saying the state ban ‘infringes on the constitutional rights of users’.
Misconduct in the industry, from fraudulent advertising to misleading pricing, should be addressed and punished, the piece argues, in a sign that government attitude towards the sector may be shifting.
The possible ban would cover the state security sector, not the general public. In Indonesia, meanwhile, state media reported the video-sharing app had applied for a government e-commerce permit.
Decision to pull back by China’s highest-valued unicorn underscores the lingering risks in the world’s biggest video gaming market, despite some shoots of recovery.
The social media giant is cutting hundreds of jobs at its flagship Nuverse studio, and will shut down development on most unlaunched titles a year after cuts at two related studios.
The generative AI bot Feishu Intelligent Buddy is being added to the office app to help users generate emails and spreadsheets or analyse PDFs.
The rules effectively ban individuals and many smaller studios from advertising on ByteDance’s popular Chinese short-video app.
ByteDance is challenging Tencent and Alibaba in China’s top three tech grouping, as it benefits from a gradual uptick in advertising revenue.
Marcos Jnr wants the video app to train local sellers, especially those in rural areas, to market their offerings, after meeting with TikTok Chief Executive Officer Chew Zi Shou in San Francisco.
The National Radio and Television Administration has proposed a range of measures to ‘strengthen and refine management’ of short web dramas, including a sweeping review of each series’ cast, production, marketing and social values.
Chinese tech giants Alibaba and Tencent admit to feeling the pinch of the latest US chip export controls, but said they are evaluating ways to minimise the impact on their business growth.
JD.com CEO Sandy Xu Ran will take over leadership of JD Retail from Xin Lijun, the company announced on Wednesday.
JD.com revenue rose 1.7 per cent to US$34.2 billion in the three months through September amid a price war with Alibaba and PDD.
TikTok was forced to close its e-commerce service in Indonesia last month after the country implemented an online shopping ban on social media platforms.
China’s e-commerce giants are counting on bargain-basement prices in their Singles’ Day campaigns to woo consumers who are reluctant to spend in the current uncertain economy.
The European Commission is looking into what measures TikTok and YouTube have taken to protect children’s mental and physical health, and what AliExpress is doing to shield consumers from illegal goods.
Taobao owner Alibaba tops the list, but a Greenpeace manager says China’s e-commerce giants ‘still don’t do enough’ and may be ‘bottlenecks for progress’.
ByteDance, China’s most valuable unicorn and the owner of TikTok, is offering US$160 per share to current employees and anyone laid off, and US$128 to those who quit their job, according to sources.
While the specific size of the job cuts is not known, reports by Chinese local media said the planned lay-offs are expected to affect hundreds of jobs at Pico.
For every five new jobs in artificial intelligence in China, there are only two qualified workers available, a sign of the serious shortage of talent in the hot sector, according to a new report.
The e-commerce company was the world’s third-most-valuable start-up in 2022, but its valuation has since dropped along with other start-ups and tech firms.
EU internal market commissioner Tierry Breton acknowledged ‘new features’ from the ByteDance-owned short video app for tackling harmful content.
Big Tech firms agree day off on Lunar New Year’s Eve in move that may soften their reputation for punishing work schedules.
The new policy by major online platforms Weibo, WeChat, Douyin, Kuaishou and Bilibili underscores their commitment to support Beijing’s crackdown on anonymous Chinese social media accounts.
Shares of Nvidia dropped by about 5 per cent on Tuesday following a report that the AI chip giant may be forced to cancel up to US$5 billion worth of semiconductor orders to China in compliance with new US government restrictions.
The ban was announced after an assessment that Tencent-owned WeChat and Moscow’s Kaspersky ‘present an unacceptable level of risk to privacy and security,’ Canada’s Treasury Board said.
The new regulation that takes effect next year is not expected to have much short-term impact, but user habits may shift over time.
A group of Chinese live streamers, including top online influencer Austin Li Jiaqi, helped kick off Alibaba’s Singles’ Day campaign this year.