Tag: Bytedance

ByteDance co-founder Zhang Yiming to step down as CEO

TikTok roped in Gandhi in the year 2019 as its India head to drive the next phase of growth for the Chinese short video-sharing platform.

May 21, 2021

ByteDance CFO assumes additional role as new TikTok CEO

Vanessa Pappas, who was serving as interim CEO, will take the role of COO going forward.

May 1, 2021

TikTok to shutdown India biz, cut jobs in India after ban extends

The executives expressed uncertainty on the company's comeback to India but expressed hope to do so in times to come.

January 27, 2021

ByteDance gets seven more days for sale of TikTok’s US biz

If the revised proposal submitted by ByteDance is rejected by the Trump administration, TikTok could be effectively banned in the US.

November 26, 2020

ByteDance will not sell TikTok’s US operations to Oracle or Microsoft: Report

The CGTN in its report said that it "has learned from sources that ByteDance will also not sell TikTok's US operations to Oracle".

September 14, 2020

Amid TikTok sale, another Chinese tech firm sells US operations

Shiji Group, a China-based global hospitality technology provider which has Kempinski hotel as one of its clients, said on Tuesday that its board has approved the decision to sell its 100 per cent controlled US subsidiary StayNTouch to MRC, a US hotel operating company, after a White House administrative order, reports The Global Times

September 2, 2020

Walmart teams up with Microsoft in bid for TikTok

This latest development came hours after TikTok’s chief executive Kevin Mayer left the company after serving for a period of three months.

August 28, 2020

TikTok CEO Kevin Mayer steps down amid ‘changed US political environment’

Mayer announced his departure in an internal letter to employees. He said his decision to leave comes after the political environment has sharply changed.

August 27, 2020

Donald Trump orders ByteDance to sell its TikTok business in US in 90 days, cites national security

In an earlier order issued on August 7, Trump prohibited the China-based company from doing business with US firms after 45 days.

August 15, 2020

ByteDance in talks with RIL for investment in TikTok: Report

1. TikTok's business in India "is being valued at more than $3 billion", the report added. 2. Prior to the ban, TikTok had over 200 million users in India.

August 13, 2020

China says it opposes ‘barbarous and rude’ US sanctions against Hong Kong officials

The move criminalizes any US financial transactions with the 11 officials, who include Hong Kong's police commissioner, its security secretary and China's top official in the international financial hub.

August 8, 2020

Donald Trump orders ban on transactions with Chinese owners of TikTok, WeChat in 45 days

'The United States must take aggressive action against the owners of TikTok to protect our national security,' Trump said in an executive order.

August 7, 2020

Microsoft in talks to acquire TikTok’s US ops: Report

The U.S. government has been investigating potential national security risks due to the ByteDance’s control of the app.

August 1, 2020

Madras High Court lifts TikTok ban

The decision came two days after the Supreme Court told the Madras High Court that the ban will be automatically lifted if a decision was not given by 24 April.  

April 24, 2019

Google, Apple ban TikTok download in India after Madras HC order

The Madurai Bench of the Madras High Court on Tuesday refused to lift the ban on TikTok and set April 24 the next hearing date.

April 17, 2019

China to switch on ‘youth mode’ for short-video apps like TikTok from June

According to a note published on the website of the Cyberspace Administration of China, all such apps will have to install a “youth mode” feature for parents from June to keep a tab on what children watch and for how long

March 30, 2019