TikTok, which is owned by the Beijing-based ByteDance, has already been banned on federal government devices, House committee on China holds its first hearing 05:49.
Even at a reduced valuation, ByteDance remains China’s most valuable private company. Douyin, the Chinese version of TikTok, has 600 million daily active users, from whom ByteDance profits
The founder of China's ByteDance, owner of the wildly successful TikTok app, has for years aspired to make ByteDance the first Chinese firm to rival U.S. internet giants on the global stage. On
U.S. lawmakers have written a letter to TikTok questioning its independence from its Chinese parent company ByteDance, in the wake of a recent report from The Wall St. Journal that noted that
TikTok CEO Shou Zi Chew faced a grueling congressional hearing in Washington last week, with lawmakers determined to pummel the popular video-sharing app owned by Chinese parent company ByteDance
ByteDance is buying back shares from US employees in a deal that values the TikTok parent company at US$223.5 billion, about 26 per cent lower than the valuation it hit in a similar transaction a
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