Bytedance

Tiktok to shut down India biz but continues to engage with govt; massive layoffs of employees in India at parent company ByteDance

According to a source at Bytedance, the company held a town hall on Wednesday where it communicated about the closure of India business.

When contacted Tiktok spokesperson said the company has worked steadfastly to comply with the government of India order issued on June 29, 2020 and continually strives to make its apps comply with local laws and regulations.

Permanent ban on 59 Chinese apps, including TikTok? Here’s what reports say

The Ministry of Electronics and Information Technology has reportedly issued fresh notices to make permanent a ban imposed on video app TikTok and 58 other Chinese apps in June. Zee News tried reaching the Ministry of Electronics and Information Technology for a comment but they were unavailable outside regular working hours. A TikTok representative was quoted as saying that the company was evaluating the notice and will respond to it as appropriate. 

ByteDance says China will have to approve its US TikTok deal

China will need to approve ByteDance`s proposed deal with Oracle Corp for its TikTok app, the Chinese company said on Thursday, indicating how its bid to stave off a ban in the United States could be further complicated.

ByteDance to place TikTok's global headquarters in America to escape President Trump's ban

As per the plan presented to the US officials by ByteDance, TikTok will remain the majority shareholder of the new US-headquartered company, and tech firm Oracle will be a minority shareholder. 

US President Donald Trump orders ByteDance to divest interest in US TikTok operations within 90 days

Trump has said he would support an effort by Microsoft Corp to buy TikTok`s American operations if the US government got a "substantial portion" of the proceeds, but has also said there are other interested potential buyers. 

TikTok should resort to legal means to defend its legitimate rights amidst 'existential crisis' in US, says Chinese media

US President Donald Trump has set September 15 as the deadline for buying the operations of video-sharing platform TikTok in the US.

ByteDance CEO hides all posts from Weibo as Chinese netizens call him unpatriotic for contemplating TikTok's sale in US

Microsoft has officially confirmed that it is in talks to acquire the operations of video-sharing platform TikTok in the US, Canada, Australia and New Zealand.

TikTok under scrutiny in Australia over security, data privacy issues

TikTok Australia general manager Lee Hunter, who was recruited from Google in June, has written to Australian politicians saying TikTok was "being used as a political football".

TikTok considering London, other locations to locate its headquarters

TikTok is owned by China-based ByteDance.

Chinese company ByteDance set to suffer Rs 45000 crore loss due to ban on TikTok

Indian government’s decision to ban TikTok and 58 other Chinese apps will cause huge financial losses to all these companies with ByteDance – TikTok’s parent company – expected to suffer a loss of Rs 45,000 crore (USD 6 billion).

US teen Feroza Aziz's Tik Tok video on Chinese detention camps goes viral

The viral video had received around 1.5 million views and 501,900 likes, and 600,000 comments. A few other videos of Aziz talking about the same issue also received thousands of views.

Suffering losses worth crores due to ban: TikTok's parent company tells Supreme Court

ByteDance, the parent company of TikTok, told Supreme Court on Monday that it is suffering losses worth crores due to a ban on the video creating and sharing app.

TikTok app set for India ban fails to remove online predators: Report

The BBC investigation found that TikTok was failing to suspend the accounts of people sending sexual messages to teenagers and children.