News
ByteDance downsizes investment team to satisfy Chinese regulators
ByteDance is shrinking its investment team and dissolving a sub-group focused on financial returns in response to crackdowns in China. Read more…
ByteDance
News
ByteDance makes plans to shut down its India edtech division: report
ByteDance has reportedly decided to quit India’s edtech space by shutting down its business, which includes education learning app Snapsolve. Read more…
News
ByteDance to restructure into six business units, IPO plans on hold
ByteDance to be reorganised into six units – TikTok and its Chinese version Douyin, Lark, BytePlus, Nuverse, and ed tech unit Dali Education. Read more…
News
China tells its tech giants to stop blocking each other’s links
China fired a fresh regulatory shot at its tech giants on Monday, telling them to end a long-standing practice of blocking each other’s links Read more…
Views
ByteDance seems keen to sell AI-toolkits, but not the crown jewels
While it would appear that ByteDance is making its AI crown jewels available to all and sundry, but the critical stuff is being kept in-house. Read more…
News
Zhang Yiming, CEO of TikTok owner ByteDance, to step down
Zhang Yiming will step down as CEO of TikTok-owner ByteDance, leaving the task of navigating regulations worldwide to college roommate. Read more…
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Indian court refuses ByteDance unblock request, asks for $11mn instead
Indian court says China’s ByteDance must deposit around $11 million that federal authorities believe it owes in an alleged case of tax evasion Read more…
News
ByteDance tells Indian court that freeze on bank accounts is harassment
ByteDance has told an Indian court that a government freeze on its bank accounts amounts to harassment and was done illegally Read more…
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Indian authorities block ByteDance bank accounts for alleged tax evasion
Indian authorities blocked at least two ByteDance bank accounts for alleged tax evasion, prompting it to ask a court to quash the directive. Read more…
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TikTok owner ByteDance is working on a Clubhouse-like app for China
TikTok owner ByteDance is working on a Clubhouse-like app for China where Clubhouse has inspired a rush of copycats in the country. Read more…
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