Tag: ByteDance
Zhang Yiming, founder of TikTok parent ByteDance, richest in China at $49.3 billion
Zhang Yiming, founder of TikTok owner ByteDance, is the wealthiest person in China with a personal fortune of almost $50 billion, according to the annual…
TikTok layoffs: ByteDance cuts hundreds of jobs globally in AI shift
Oct 14, 2024 11:20 AM IST TikTok to cut hundreds of jobs globally, with significant layoffs in Malaysia as it shifts to AI content moderation….
ByteDance said to be raising $600 million for car app Dongchedi
Sep 06, 2024 11:01 AM IST ByteDance is raising as much as $600 million for its car information and trading platform Dongchedi. ByteDance Ltd. is…
Ex-ByteDance executive accuses company of ‘lawlessness’
A former executive sued ByteDance, which owns TikTok, for wrongful termination and accused the company of lifting content from rivals and “supreme access” by the…
Montana close to becoming 1st state to completely ban TikTok
HELENA: Montana lawmakers moved one step closer Thursday to passing a bill to ban TikTok from operating in the state, a move that’s bound to…
China denies pressuring companies like TikTok to spy for its govt
China on Friday denied pressuring companies to collect information abroad on behalf of the government, rebuffing claims American lawmakers made about the viral video app…
TikTok’s danger to teens in focus during US congressional hearing
US lawmakers at a congressional hearing on Thursday accused TikTok of serving harmful content and inflicting “emotional distress” on young users, grilling the Chinese-owned app‘s…
Justice Department: US justice department investigating TikTok’s owner for ‘spying’ on journalists: Report
WASHINGTON:The justice department is investigating the surveillance of American citizens, including several journalists who cover the tech industry, by the Chinese company that owns TikTok,…
‘UK to ban TikTok on government phones’
LONDON: Britain is set to announce a ban on TikTok on government phones on Thursday, PA Media reported, a move that would follow other Western…
European Commission bans TikTok on official devices
BRUSSELS: The European Commission on Thursday banned TikTok on official devices used by staff amid concerns over data protection as the EU seeks to bolster…