Turning to the court is Bytedance’s last resort because now both Beijing and Washington have a say in the Tiktok deal, and Beijing is not likely to agree.
China’s Ministry of Commerce said that the Beijing Municipal Commerce Bureau has received an application from Bytedance to export certain technology.
Bytedance is blocking links to e-commerce stores on livestreams in flagship video app Douyin as it vies for a share of e-commerce.
The Tiktok sale in the US may be subject to review by China’s commerce and technology ministries if any technology used by the app is deemed limited.
Tiktok CEO Kevin Mayer said he had decided to leave the company and Vanessa Pappas, general manager of Tiktok US, will take over as interim global head.
The lawsuit will not save Bytedance from having to sell Tiktok but it may become a bargaining chip when negotiating with potential buyers.
The Bytedance situation: 1980s Japan, or the Korean War? China’s netizens agree that it’s in for a rough time, but not on what it should do.
Growing worldwide suspicion of Chinese tech and data privacy practices have led to one hit after another for Tiktok, and not the viral video kind.
Bytedance isn’t just Tiktok. The Beijing-based company is the world’s most valuable tech startup. Here are seven things you should know about it.
Analysts maintained buy ratings on the Tencent stock because the Wechat ban is expected to have little impact on its revenue.
In the latest sage of the techwar, Mike Pompeo announces “Clean Network” program to shun Chinese companies from US networks and data.
Bytedance and Microsoft resumed negotiations for a Tiktok buyout deal that stalled after Trump told reporters he wanted to ban the popular app.
US advocacy groups have complained that Tiktok failed to live up to the agreement that it would protect data from users under the age of 13.
The top telecommunications regulator in India has asked telecom operators and ISPs to block local user access to the 59 Chinese apps banned on Monday.
Bytedance is shuttering its moderately successful Vigo app in India as it slashes underperforming apps to focus on its flagship Tiktok.
Bytedance has appointed former Disney streaming executive Kevin Mayer as its chief operating officer and the chief executive officer of TikTok.
Bytedance is planning to hire a total of 40,000 new workers this year, which will put it on par with Alibaba and a lot bigger than Tencent.
Content moderation has become growing problem for social media platforms and that’s just the tip of the iceburg for Chinese-owned TikTok.
Tencent warns about the hit to payment business from Covid-19 and said that it will ramp up short-video and digital lifestyle offerings.
Chinese short video apps added nearly 150 million new users during the holiday as netizens struggled to keep themselves entertained amid the outbreak.
During the Covid-19 outbreak and subsequent municipal lockdowns, e-commerce has became a crucial sales and distribution channel for farmers.
TikTok and Chinese version Douyin recorded more than 740 million downloads in 2019 across Apple’s App Store and Google Play in 2019.
TikTok said 36% of all legal requests for user information it received in the first half of 2019 came from the Indian government.