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China’s Netflix expects AI to create bulk of shows in five yearsIQiyi Inc. is set to transform its operations, anticipating AI will generate most films and shows within five years. The company is launchi...- ByteDance quietly rolls out SeeDance 2.0 globallyThe SeeDance 2.0 model was launched in China last month, both stunning and spooking the entertainment industry with its ability to produce ...
- From viral videos to AI giant: How ByteDance built a tech empireByteDance is also using the data as the linchpin of a growing business in artificial intelligence. The company has invested billions of dol...
- How TikTok's parent, ByteDance, became an AI powerhouseByteDance is also using the data as the linchpin of a growing business in artificial intelligence. The company has invested billions of dol...
- China video app Douyin Group CEO resigns to take new role within ByteDanceZhang Nan, who also uses the English first name Kelly, posted on her personal social media account on WeChat that she was resigning from th...
- Bytedance says Zhang Nan resigns as Douyin Group's CEOZhang posted on her personal social media account on WeChat that she was resigning from the position, in a move confirmed by ByteDance.
- ByteDance testing content paywall on TikTok's sister app DouyinThe Chinese internet giant has recently started to allow some content creators with more than 100,000 followers to put part of their videos...
- Regulator visits ByteDance's Douyin to discuss revised pricing rulesThe regulator's research team visited Douyin where it listened to an explanation from the company on price compliance, and how to better un...
- TikTok-owner ByteDance cuts hundreds of jobs in ChinaThe job cuts have been implemented at Douyin, the Chinese equivalent of TikTok with about 600 million daily users, as well as the company's...
- ByteDance to reorganize, CFO steps down to focus on TikTokThe move comes after ByteDance shelved its plan to go public in April and said it had no imminent plans for an initial public offering. It ...
- ByteDance says it will downsize fintech business, plans to sell stock broker opsByteDance also operates Douyin Pay, its own third-party mobile payment, to facilitate users on e-commerce transactions on short video app D...
- Timeline: ByteDance founder who put TikTok on global map to quit as CEOZhang, 38, turned ByteDance into a social media powerhouse which has also had many brushes with global regulators
- ByteDance says it has no immediate plans for public listingByteDance last month hired former Xiaomi executive Shou Zi Chew to a newly-created role as chief finance officer, suggesting the tech compa...
- ByteDance considers listing Douyin in New York or Hong Kong: ReportThe company had also been considering listing some of its Chinese businesses including news aggregator Toutiao in Hong Kong or on Shanghai'...
- Tencent bolsters defenses for core businesses as ByteDance muscles into its turfTikTok owner Bytedance has made sizeable inroads into business areas Tencent holds dear - including ads, gaming, livestreaming, social medi...
- TikTok owner's sales doubled to $35 billion despite US banThe Chinese company managed to grow operating profit to roughly $7 billion in 2020 from less than $4 billion the prior year.
- 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...
- TikTok-owner ByteDance to rake in $27 billion in ad revenue by year-end-sourcesThe company's overall revenue goal for 2020 is around $30 billion, Reuters previously reported, which means ByteDance's ad revenue in China...
- TikTok owner ByteDance in fundraising talks that will value it at $180 bln -sourcesThe company is discussing the round with existing investors including Sequoia Capital and General Atlantic to raise around $2 billion for t...
- Report claims ByteDance links with China’s ‘Party-state’ establishmentThe findings of this report come close on the heels of TikTok suspending an American teen, Feroza Aziz, from its platform for posting a vid...
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