According to a report from Protocol, ByteDance, the parent company behind TikTok, is taking serious steps to enter the virtual reality (VR) market. The corporation intends to invest heavily in this endeavor, according to a source familiar with the subject, to create VR-related content. It appears like ByteDance is spending a significant amount on employment. […]
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ByteDance is planning to disjoin its global social media sensation, TikTok, into a solitary business unite, following an executive decision to break down the company into six entities, according to Reuters. Chief executive officer (CEO), Liang Rubo, has initiated plans to refurbish the technology enterprise into various parts, following founder Zhang Yiming’s decision to retire from […]
ByteDance plans to globally emerge into the e-commerce industry by leveraging TikTok, to launch an international shopping platform, attracting merchants and consumers taking on Amazon. The Beijing-based company proved itself as a force to be reckoned with as it expands its influence over a diversified multitude of platforms, and its latest tactic to overtake Amazon’s […]
Tiktok’s Chinese caretaker company ByteDance debunks any implications of selling Tiktok’s advanced artificial intelligence technology to other companies. Succeeding a published report by the Financial Times stating the Beijing-based company ByteDance will be selling its prominent Tiktok’s AI technology to well thought of list of clients. Allegedly, the client list includes a distinct range […]
In an unprecedent effort, ByteDance, owner of popular video-sharing app TikTok, attempted to bypass Apple’s App Tracking Transparency (ATT) measures in collaboration with a several other Chinese tech company, but Apple managed to halt any peculiar activity that might jeopardize their users’ privacy. This transpired as Chinese tech companies attempted to switch to their new […]
Shock and surprise were the predominant emotions bustling through ByteDance employees when their softly spoken founder Zhang Yiming announced that he will be stepping down as CEO of what has been described to be the world’s biggest unicorn. Zhang – a 38-year-old billionaire estimated by Forbes to have a net worth of $35.6 billion – […]
The hit video app TikTok said Friday that an executive at its Chinese parent company, ByteDance, will now also serve as TikTok CEO. The new CEO, Shouzi Chew, is the chief financial officer of ByteDance. He is based in Singapore, where TikTok has an office. Vanessa Pappas, based in Los Angeles, has been interim head […]
TikTok parent company ByteDance announced on Monday that its video games arm, Nuverse, has acquired China-based Mooton Technology, as the company looks to further expand within the gaming industry, Reuters reported. ByteDance’s desire to bolster its position within the video gaming industry, places it directly in competition with China’s largest social media and gaming company […]
China's Huawei plans to start mass-producing its most advanced artificial intelligence chip in the first quarter of 2025
Donald Trump TikTok promise from his firm term to “save TikTok” has created wide uncertainties on the platform’s future