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Latest news and updates about ByteDance.
The US and China should consider how the legitimate rights and interests of Chinese companies and investors can be properly protected in the United States without raising unfair security concerns.
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.
E-commerce logistics giant Cainiao will launch an ‘entrepreneurship incentive plan’ that will double the bonus pool allocated for its financial year ending March 31, 2025.
Readers discuss a US bill that seeks to wrest the popular app from its Chinese parent company, and Hamas’ approach in Gaza.
The Federal Trade Commission has been looking into allegations the popular social media app failed to live up to an agreement aimed at protecting children’s privacy.
ByteDance’s website listed more than 320 generative artificial intelligence-related job openings as of Tuesday, up from 307 vacancies posted a month earlier.
This initiative escalates ByteDance’s efforts to expand the reach of its social media operation into a potentially large e-commerce revenue stream.
ByteDance, owner of hit short video app TikTok, is cutting jobs at its enterprise collaboration unit Feishu, affecting about 1,000 employees, according to a person familiar with the matter.
The law, effective from March 7, aims to make it easier for people to move between competing online services.
The latest effort to restrict the popular video-sharing app faces its next battle in the Senate, where support appears mixed and a vote has not been scheduled.
‘It would be in the financial interest of ByteDance’s investors to effectuate a forced sale,’ said congressman Mike Gallagher.
Caught between demands from Washington and Beijing, ByteDance has chosen the route of resistance in the US.
Concerns about Beijing’s potential to threaten US national security have spurred several bills seeking more scrutiny about who is representing Chinese interests.
Italian regulators have fined TikTok nearly US$11 million for failing to protect children, while the Canadian government is reviewing TikTok’s expansion plan for national security risks.
US senators from both sides of the aisle swatted down the idea of fast-tracking legislation that would force TikTok’s Chinese owner to sell the video-sharing app within six months, reducing its prospects of becoming law.
Seeing e-vehicles as ‘iPhone on wheels’ or cargo cranes as ‘Trojan horses’ yields never-ending cycle and ‘excessive anxiety’, says Ambassador Xie Feng.
Tencent is said to have snapped up some of ByteDance’s ditched video gaming projects amid continued industry consolidation.
The move comes after the US House of Representatives passed a bill that gives Chinese owner ByteDance 6 months to divest the app or face a ban.
ByteDance’s latest semiconductor-related investment shows the lengths being taken by the company to overcome the impact of tighter US tech sanctions on mainland China.
Fast-tracked legislation on the short-video app, which passed 352-65, now heads to Senate, where passage is less clear; US President Joe Biden has said he would sign the bill into law.
Ex-president’s U-turn coincides with recent meeting held with billionaire Republican megadonor who is deeply invested in parent company ByteDance.
AIsphere, which has raised more than US$14 million in a round led by venture firm Fortune Capital, launched a beta version of its PixVerse video generator for domestic users on Monday.
Moscow’s dire circumstances could lead to upended ‘non-proliferation norms’ and fuel disinformation meant to interfere with elections, Senate hears.
Many Chinese netizens on Weibo and former Global Times editor Hu Xijin praised TikTok for urging American users to flood legislators with calls against a new bill.
Start-ups and investors say attending Leap tech conference is about building relationships for a market seen as ‘like China in the late 90s’.
US president says he would sign the legislation if Congress passes it, with a vote in the House of Representatives possible as early as next week.
Chinese state media has voiced support for TikTok, as its owner ByteDance faces pressure to sell the business in the US after a House committee approved two new bills targeting the hit short video app.
Annual presidential address has Biden appearing vibrant and confident about US, including its partnerships and alliances in the Pacific.
The legislation gives China’s ByteDance six months to divest TikTok or the short video app would face a US ban.