ByteDance
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...
ByteDance in talks to buy stake in mobile games firm CMGE
ByteDance is currently in talks to buy into mobile games writer CMGE Technology Group, four people with direct knowledge of this matter told journalists, as the owner of short vide...
China to crank up anti-trust heat on Big Tech after unprecedented fines
China’s unprecedented anti-trust squeeze onto its technology giants isn’t only just beginning.
US court hears appeal against order blocking TikTok app store ban
US appeals court on Monday questioned a government attorney within the Trump administration’s efforts to ban Americans from downloading Chinese-owned TikTok from US app store...
Facebook and Twitter face UK fines if fail on harmful content
Facebook, Twitter and TikTok face fines of around 10% of earnings if they fail to remove and limit the spread of illegal material under legislation proposed by the UK on Tuesday.
Reddit to buy TikTok rival Dubsmash
Social network company Reddit stated on Sunday it could buy short-video platform Dubsmash, becoming the latest company to expand at a space dominated by Chinese-owned TikTok.
Second US judge blocks Commerce restrictions on TikTok
A second US judge late on Monday awarded a preliminary injunction blocking the US Commerce Department from imposing restrictions on Chinese-owned short video sharing app TikTok tha...
US not extending TikTok divestiture deadline, but talks will continue
The Trump administration on Friday chose to not grant ByteDance a brand new extension of an order requiring the Chinese firm to divest TikTok’s American assets, but talks wil...
Sources: Alibaba and Tencent put talks to buy iQIYI stake on hold
Alibaba Group Holding Ltd and Tencent Holdings Ltd have every held separate talks with Baidu Inc to obtain a controlling stake in movie streaming service iQIYI Inc, people with kno...
ByteDance gets 15-day extension on US order to divest TikTok
The Trump administration given ByteDance a 15-day expansion of a divestiture order that had led the Chinese company to sell its TikTok brief Coding app by Thursday.
ByteDance challenges Trump’s TikTok divestiture order
ByteDance, the Chinese parent company of video-sharing app TikTok, filed a request late on Tuesday with a U.S. Appeals Court challenging a Trump government order set to take effect...
China’s tech sector relieved by Biden win, but not relaxed
China’s technology industry, one of President Trump’s main targets in Washington’s tussles with Beijing, hopes Joe Biden can create a more constructive relationsh...
US will ‘vigorously defend’ TikTok executive order despite ruling
The US Commerce Department said on Sunday it would “vigorously defend” an executive order that tries to bar transactions with Chinese-owned short video-sharing app TikT...