Why TikTok Owner's AI Phone Is Making China's Apps Nervous TikTok owner ByteDance Ltd launched its artificial intelligence-powered smartphone last week, sparking online buzz and prompting swift pushback. Benzinga · Dec 8, 2025
Elon Musk's Tesla To Offer Grok, ChatGPT Rival DeepSeek, ByteDance's Doubao With Its Cars In China Tesla Inc. (NASDAQ:TSLA) will offer Grok and ChatGPT's Chinese rival DeepSeek AI, as well as ByteDance Ltd's Doubao AI, on its lineup in the country amid Elon Musk's row against OpenAI. Benzinga · Aug 22, 2025
TikTok ban live updates — TikTok is back ahead of expected executive order TikTok says it is restoring service to U.S. users based on a proposed executive order by Trump. We're here with the latest news as it happens. Tom’s Guide · Jan 20, 2025
The TikTok Majority Opinion Here's a quick summary of the unsigned majority opinion (called a "per curiam"), joined by all the Justices except Justice… The post The TikTok Majority Opinion appeared first on Reason.com. Reason · Jan 17, 2025
TikTok parent ByteDance sued for ‘massive-scale invasions of children’s privacy’ Department of Justice alleged TikTok inappropriately violated the rights of millions of children under 13. Fortune · Aug 2, 2024
Lawmakers vote to ban TikTok, again The app now has nine-months to seal the deal and sell Salon · Apr 21, 2024
MrBeast Calls Out TikTok For Allowing Deepfake Scam Of IPhone Giveaway Popular YouTuber raises concerns over rise of AI deepfakes on social media platforms. Zenger · Oct 4, 2023
TikTok's parent company gives the first look at its corporate structure in 3 years A new chart maps out ByteDance's complex family of global subsidiaries. Fortune · Mar 21, 2023
US demands TikTok’s Chinese owners sell stakes or face ban WASHINGTON — The United States has told the Chinese owners of the video-sharing app TikTok that they must sell their shares or risk the app being banned in the U.S., people familiar with the matter said. Tribune News Service · Mar 16, 2023
TikTok considers splitting from ByteDance if deal with US fails TikTok’s leadership is discussing the possibility of separating from ByteDance Ltd., its Chinese parent company, to help address concerns about national security risks. Tribune News Service · Mar 15, 2023
TikTok Is Not a National Security Threat Bipartisan efforts to ban the app in America would be a great blow to our economy and our liberty. Reason · Jan 26, 2023
Facebook's Chinese Rival Internally Shares Its Financial Reports; Losses Mount In Its Bid For Growth TikTok parent ByteDance Ltd saw its operating losses more than triple last year to above $7 billion as it spent heavily to continue its torrid growth, the Wall Street Journal reports citing financial info shared with employees. ByteDance also produced an operating profit in the first quarter of 2022, the report showed. ByteDance has closely… Benzinga · Oct 7, 2022
Tencent, Other Chinese Companies Follow Western Counterparts In Laying off Staff As Economic Slowdown Weighs Chinese tech giants like Tencent Holding Ltd (OTC:TCEHY) and TikTok parent ByteDance Ltd implemented fresh layoffs affecting thousands of employees in their latest round of cost-cutting, the Wall Street Journal reports. The job cuts added on to the tens of thousands of employees already axed by Chinese internet companies since late 2021 after the domestic regulatory crackdown crushed the… Benzinga · Jun 30, 2022
Meta's Biggest Rival Posts Visible Success On Gaming Foray Despite Bigger Rivals Like Tencent, NetEase TikTok parent ByteDance Ltd's gaming foray exudes promise as spending across its mobile titles grew over the past year, according to Sensor Tower. The report highlighted TikTok owner generated $1 billion of player spending across its mobile games as of the year ended June 20, 2022, up 16% year-on-year. ByteDance had set… Benzinga · Jun 24, 2022
Benzinga · Jun 17, 2022 TikTok President Reasons Why Copying The Former Will Not Be Conducive For Facebook TikTok's President of Global Business Solutions and former Meta Platforms, Inc (NASDAQ:META) Facebook veteran Blake Chandlee in a CNBC interview, shared how TikTok massively differed from Facebook. ByteDance Ltd-owned TikTok did not look to mimic Facebook. In contrast, Facebook struggled to win users by restructuring its Facebook and Instagram apps to emulate TikTok's popular short video format.…
Benzinga · Jun 7, 2022 Meta Promotes Veteran Officer To Newly Formed Position Of CISO Facebook parent Meta Platforms, Inc (NASDAQ:FB) named a VP to the newly created position of the chief information security officer, Reuters reports. Guy Rosen confirmed the appointment via a tweet. CEO Mark Zuckerberg reportedly asked Rosen to assume the job citing it as "another step to elevate this security work in our DNA - and…
Benzinga · May 19, 2022 Facebook Archrival Marks Gaming Push With Latest Move ByteDance Ltd owned TikTok conducted tests for users to play games on its video-sharing app in Vietnam, marking its major push into gaming, Reuters reports. Featuring games on its platform would boost advertising revenue and user time on the app. The Meta Platforms Inc's (NASDAQ:FB) Facebook rival looks to roll out gaming more widely in Southeast…
Benzinga · Apr 11, 2022 TikTok Revenue Set To Surpass Twitter, Snap Revenue Combined Video-sharing app TikTok's advertisement revenue is likely to triple in 2022 to over $11 billion, Reuters reports quoting Insider Intelligence. TikTok's revenue will likely surpass the combined sales of its rivals, Twitter Inc (NYSE:TWTR) and Snap Inc (NYSE:SNAP). Nearly $6 billion, or more than half, of 2021's ad revenue will likely come from the U.S., despite regulatory concerns…
Benzinga · Apr 8, 2022 China Cracks Down Upon Tencent, Other Tech Giants Over Algo Abuse; Questions Alibaba, Others To Address Job Cuts China looks to rein in the potential abuse of algorithms by internet giants from ByteDance Ltd to Tencent Holdings Ltd (OTC: TCEHY), Bloomberg reports. The Cyberspace Administration of China looks to inspect how social media platforms serve up ads and content to hook users, especially the large-scale websites, platforms, and products with significant influence.…
Benzinga · Mar 30, 2022 HUYA Shares Drop As China Reportedly Renews Crackdown In LiveStreaming Sector China drafted new regulations to cap internet users' daily monetary spending on digital tipping as a part of a renewed crackdown on the $30 billion live-streaming industry, the Wall Street Journal reports. China also looked to set a daily limit on live-streamers earnings and tighter censorship over the content. The report…
Benzinga · Mar 9, 2022 TikTok Is Having A Hard Time Coping Up With Russia-Ukraine Crisis ByteDance Ltd's TikTok grappled internally amid aggravating tensions between Russia and Ukraine, the Wall Street Journal reports.
Benzinga · Mar 8, 2022 Twitter Appoints This Silicon Valley Prodigy To Compete With TikTok Twitter Inc (NYSE:TWTR) appointed Michael Sayman to help court younger users as it looks to compete against ByteDance Ltd's TikTok, the Washington Post reports. Sayman is known as Silicon Valley's product-building prodigy for youth. At Twitter, Sayman will be working on "0-1," a new group focused on building experimental features within the company.…
Benzinga · Jan 24, 2022 Alibaba, TikTok Parent Launch Interest-Oriented Social Apps: Report Alibaba Group Holding Ltd (NYSE:BABA) owned online shopping platform Taobao launched an interest-oriented community app called "Yousha" Pandaily reports. TikTok parent ByteDance Ltd's news and information content platform Toutiao tested a smart reading app called "Shiqu." The report adds that both the apps drive social interaction with personal interests, creating an interactive…
Benzinga · Jan 21, 2022 Snap Ramps Up International Expansion Capitalizing On Cleaner Image Snap Inc (NYSE:SNAP) sped up its global expansion from Mexico to Japan through tie-ups with wireless carriers and highlighting its popular augmented reality features, Reuters reports. Snap remained largely unscathed by global governments and regulators and has developed a playbook for attracting users in new markets that plays up the appeal of…
Benzinga · Jan 20, 2022 Tencent Emerges As China's Most Valuable Private Company: Hurun Report Tencent Holdings Ltd (OTC:TCEHY) tops China's most valuable private company list in 2021, according to the Hurun Report. Tencent heads the list with a valuation of $609 billion. Alibaba Group Holding Ltd (NYSE:BABA) dropped to third place. The Hurun Research Institute has released the list of the Top 500 China non-state-controlled enterprises ranked…