ByteDance
ByteDance says India’s freeze on bank accounts is harassment
ByteDance has told an Indian court that a government freeze on its bank accounts in a probe of possible tax evasion amounts to harassment and was done illegally, according to a fil...
Pakistan court lifts ban on social media app TikTok
A high court in Pakistan said the country’s telecommunications authority can lift a block on social media app TikTok, after government officials said the company was working ...
ByteDance says it is ‘bleeding’ due to India bank account freeze
An Indian court has granted no relief to the developer of TikTok in a case where the company challenged the local tax authority’s decision to block its Indian bank accounts, ...
India blocks bank accounts of ByteDance, company mounts challenge
Indian authorities have blocked at least two of ByteDance’s bank accounts for alleged tax evasion, prompting it to ask a court to quash the directive that it fears will hit i...
ByteDance says it will acquire Mooton Technology
China’s ByteDance has said its video games unit Nuverse has agreed to acquire Shanghai-based Mooton Technology, as it seeks to further expand into the video games sector.
TikTok considers introducing group chat feature this year
Viral video-sharing app TikTok may launch a group messaging feature this year, people with knowledge of the discussions told reporters, putting the Chinese-owned app in more direct...
Pakistan blocks TikTok over indecency complaint
Pakistan has blocked the viral social media app TikTok after a court order over a complaint that it ran indecent content, a spokesman for the country’s telecoms regulator sai...
UEFA signs deal with TikTok as Euro 2020 sponsor
TikTok will be the global sponsor for the rescheduled Euro 2020 soccer tournament set to begin in June this year, the sport’s European governing body UEFA has announced.
US asks courts to put TikTok appeals on hold pending review
The US Justice Department has asked two federal appeals courts to put on hold government appeals of lower court rulings blocking restrictions the Trump administration imposed on Ti...
Tencent hit with fresh anti-monopoly complaint in China
Tencent has become the target of another anti-monopoly complaint to regulators, this time from a supplier of smart vehicle technology and a General Motors Co China venture.
Douyin sues Tencent for monopolistic behaviour
ByteDance’s wildly popular short-video app Douyin has filed a complaint with a court in Beijing to sue Tencent for monopolistic behaviour and asked compensation, ByteDance ha...
Russia says TikTok deletes posts promoting illegal protest
Russia has said that TikTok had deleted some of what it called illegal posts promoting weekend protests aimed at securing the release of Kremlin critic Alexei Navalny.
Significant tech IPO’s we’re expecting in 2021
Yes, 2020 was a blockbuster year for initial public offerings (IPO) across the global platform economy, with the likes of Snowflake and DoorDash, amongst a myriad of others debutin...
ByteDance launches Douyin Pay, its mobile payment service for China
ByteDance has launched its third party payment support for its Chinese version of its hit brief video app TikTok,”Douyin Pay”, as it presses to enlarge in the e-commerc...