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Wednesday, December 8, 2021 | 08:12 am
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Tags ByteDance

Tag: ByteDance

Microsoft Says Failed TikTok Acquisition Was ‘Strangest Thing’

Microsoft chief executive Satya Nadella has described the proposed deal to buy TikTok, under pressure from the Trump White House, as "the strangest thing".

TikTok Owner ByteDance’s Revenue Surged 111% in 2020, Records 1.9 Billion Users

The rapid growth underscores the excitement around ByteDance, a private company, and why its valuation has reportedly been pegged north of $100 billion.

TikTok Owner ByteDance Takes on Tencent After Acquiring Major Mobile Gaming Studio

ByteDance has acquired gaming studio Moonton highlighting its ambitions in the video game industry and pitting it against Chinese giant Tencent.

TikTok Owner ByteDance Develops Anti-Fraud System to Fight Fake Traffic in China

ByteDance’s short video app Douyin has a new anti-fraud system that can identify fake accounts automatically.

ByteDance Gets Another Extension From US Government for TikTok Sale

TikTok now has an extenstion until December 4th.

TikTok Asks Court to Step In As Sale Deadline Looms

It's not clear what would happen should Trump's Thursday deadline pass and that deal isn't completed.

ByteDance to Invest $165M in Chinese E-Book Reader Zhangyue

Zhangyue announced that a ByteDance wholly-owned subsidiary plan to acquire about 11% of its shares for 1.1 billion yuan or $170 million.

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