Bytedance

What a Ban on TikTok in the US Could Mean for Brands and Retailers
What a Ban on TikTok in the US Could Mean for Brands and Retailers
March 24, 2023  |  Retail

TikTok CEO Shou Zi Chew testified before the House Committee on Energy and Commerce for about five hours on Thursday (March 23). Throughout the hearing,...

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Who Wins If TikTok Loses in the US?
Who Wins If TikTok Loses in the US?
March 16, 2023  |  Cybersecurity

TikTok, owned by Beijing-based ByteDance, is coming under global fire as long-simmering fears bubble over. The U.K. banned TikTok from government phones Thursday (March 16),...

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ByteDance Says Employees Improperly Accessed TikTok User Data 
ByteDance Says Employees Improperly Accessed TikTok User Data 
December 22, 2022  |  Data

TikTok parent company ByteDance reportedly said employees improperly accessed two journalists’ TikTok user data.  General Counsel Erich Andersen wrote in a Thursday (Dec. 22) email...

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South Dakota Governor Bans TikTok From State Devices
South Dakota Governor Bans TikTok From State Devices
November 29, 2022  |  Regulation

South Dakota Gov. Kristi Noem has banned the use of TikTok on state devices.  Noem signed an executive order Tuesday (Nov. 29) that applies the...

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Report: TikTok Owner ByteDance Saw Losses Triple in 2021
Report: TikTok Owner ByteDance Saw Losses Triple in 2021
October 06, 2022  |  Mobile Applications

ByteDance, the Chinese company that owns TikTok, saw its operating losses triple in 2021, ballooning to more than $7 billion as the company spent to...

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ByteDance CFO: No Plans to Take Company Public
ByteDance CFO: No Plans to Take Company Public
September 02, 2022  |  Social Commerce

ByteDance, the Chinese unicorn that owns the popular social media platform TikTok, has no plans to go public, the company’s chief financial officer said this...

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ByteDance’s Valuation Drops 25% From Last Year to Under $300B
ByteDance’s Valuation Drops 25% From Last Year to Under $300B
July 20, 2022  |  Investments

ByteDance has traded in recent weeks at valuations beneath $300 billion, a 25% drop since last year, showing the strain tech companies are under in...

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TikTok Drops Livestream Shopping Plans in US, Europe
TikTok Drops Livestream Shopping Plans in US, Europe
July 05, 2022  |  eCommerce

TikTok is dropping plans to expand its livestream shopping venture TikTok Shop in the U.S. and Europe after the venture failed to find an audience...

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TikTok Trials eCommerce Offering
TikTok Trials eCommerce Offering
July 01, 2022  |  Social Commerce

TikTok is testing a feed set apart for shopping in a bid to increase revenues for the company’s corporate parent, ByteDance, according to a TechCrunch...

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