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From its birth in a Beijing apartment 12 years ago, ByteDance grew into one of the world’s biggest tech firms — best known in most countries as the creator of TikTok. But TikTok now faces a furious campaign in Washington: the House of Representatives is set to vote Wednesday on a bill that could see the wildly popular video-sharing app banned in the United States if it does not sever itself from ByteDance. How big […]
US lawmakers moved Wednesday to pressure TikTok to sever ties with its Chinese parent company ByteDance or face a ban, in a broader push to keep social media apps out of foreign adversaries’ control. A bipartisan group of 20 lawmakers have introduced a bill barring platforms controlled by ByteDance from US app store availability or web hosting services — unless they are no longer linked to China. The legislation would also allow the president […]
Universal Music Group warned Tuesday that it would pull its songs from TikTok, after a breakdown in talks with the social media platform over issues including the compensation of artists and songwriters. In an open letter, Universal accused TikTok of “trying to build a music-based business, without paying fair value for the music.” Both sides have been discussing the terms of a new agreement, with their existing contract set to expire on Wednesday. But their […]
TikTok owner ByteDance is in talks with buyers including Chinese tech giant Tencent to sell its gaming arm, a company spokesperson said Tuesday, as it seeks to shed once-promising assets in the highly competitive sector. The discussions would see the firm sell Nuverse, a video game publisher that is a subsidiary of Beijing-based ByteDance. Nuverse was once viewed by the firm as a vital component in its bid to catch up with Tencent, a leader […]
BEIJING, Nov 27, 2023 (AFP) – Chinese tech giant and TikTok owner ByteDance is slashing hundreds of jobs in its gaming unit, a source familiar with the matter told AFP on Monday. The move marks a retreat from the competitive video gaming sector. Nuverse, a video game publisher that is a subsidiary of Beijing-based ByteDance, is currently conducting a round of layoffs that will affect “several hundred people”, said the source. “We regularly review our […]
BEIJING, China (AFP) – Employees of Chinese tech giant ByteDance improperly accessed data from social media platform TikTok to track journalists in a bid to identify the source of leaks to the media, the company admitted Friday. TikTok has gone to great lengths to convince customers and governments of major markets like the United States that users’ data privacy is protected and that it poses no threat to national security. But parent company ByteDance told AFP […]
TAIPEI, Taiwan (AFP) – TikTok’s Chinese owner denied on Monday setting up a subsidiary company in Taiwan after the island’s authorities said they were investigating the social media app for running “illegal operations”. The Mainland Affairs Council (MAC), Taiwan’s top China policy-making body, said the cabinet had requested a multi-agency investigation during a meeting on security issues posed by TikTok earlier this month. The case was also forwarded to prosecutors for investigation after a local company […]
