ByteDance to pay $92 million in US privacy settlement
The federal lawsuit alleged that TikTok broke the Illinois biometric privacy law, which allows suits against companies that harvest consumer data without consent, including via facial and fingerprint scanning.
TikTok agrees to pay $92 million in privacy lawsuit in US
In 2019, TikTok settled a $1.1 million lawsuit over alleged children's privacy alle...
TikTok removed 6.14M accounts for violating its community guidelines in H2 2020
The company said it prevented 173.2 million accounts from bei...
ByteDance not in preliminary talks to list TikTok on NYSE: Source
The Global Times, published by China's ruling Communist Party's official People's Daily newspaper, said earlier on its Twitter account that ByteDance was in preliminary talks about a NYSE listing.
ByteDance explores sale of Indian TikTok assets to rival firm Glance: Report
Glance's parent, mobile advertising technology firm InMobi, also owns short-video app Roposo that has gained in popularity after TikTok was banned by the Indian government in July last year.
TikTok sale to Walmart, Oracle takes back seat as Biden reviews security: WSJ
Trump's administration had cited national security concerns in its targeting of TikTok, arguing that the personal data of U.S. users could be obtained by China's government.
Tencent bolsters defenses for core businesses as ByteDance muscles into its turf
TikTok owner Bytedance has made sizeable inroads into business areas Tencent holds dear - including ads, gaming, livestreaming, social media and office software.
Social media, video apps flooded with CVs, job requests post ByteDance layoffs
MX Player's TakaTak, ShareChat, Trell, Chingari, Bolo Indya, Mitron and Roposo are among the many companies likely to pick up some of the impacted employees.
TikTok, Tik.... The clock's run out on ByteDance’s India dream
TikTok always had a rocky relationship with India. Now, as the most valued startup in the world exits its biggest international market, a look at the key events that underscored the tumultuous run.
TikTok ban puts brake on parent ByteDance's India office space expansion plan
The Beijing-headquartered company had entered into a flexible office space deal for 1,250 seats at WeWork India’s Nesco property in Mumbai’s Goregaon suburb last year.
TikTok parent Bytedance starts layoffs in India after permanent ban
India was TikTok’s largest international market before it was initially barred, along with others, in the wake of border tension with China in June.
Bytedance rival Kuaishou aims to raise up to $5.42 billion in Hong Kong IPO
Kuaishou operates apps that allow user-uploaded videos as well as live-streaming programs through which vendors can promote consumer products.
TikTok owner ByteDance launches Douyin Pay, its mobile payment service for China
"The set-up of Douyin Pay is to supplement the existing major payment options, and to ultimately enhance user experience on Douyin," Douyin said in a statement.
ByteDance is poised to miss US deadline for TikTok sale
ByteDance founder Zhang Yiming has been caught in a clash between the world’s two preeminent powers. The serial entrepreneur has been reluctant to give up US TikTok from the start because he sees the business as a viable long-term competitor to Facebook Inc. and Google.
ByteDance CEO ‘working overtime’ to devise TikTok solution
Beijing-based ByteDance has come under pressure from the White House and U.S. lawmakers to sell off its U.S. TikTok operations and now has a 45-day deadline on negotiations with Microsoft over such a deal.