Latest reports according to CGTN, an English TV station owned by the Chinese state, claims that ByteDance will not sell its business, TikTok, the leading social platform with over 100 million users in the United States to Oracle or Microsoft and won’t give its source code to any US firm.…
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Indian Government Bans more Chinese Apps
The Ministry of Electronics and Information Technology released a press statement confirming the newly outlawed…
TikTok CEO Kelvin Mayer Resigns
Just few months on the job, the former Disney executive and CEO of the Chinese social app TikTok has stepped…
Days earlier, the White House issued an executive order that bans TikTok from doing business with US companies. The order claimed that “the spread in the United States of mobile applications developed and owned by companies in the People’s Republic of China continues to threaten the national…
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U.S. Executive Orders Issued on TikTok, Wechat Ban
President Donald Trump on Thursday has issued an executive orders that would ban the social media app TikTok and…
TikTok’s Impending Ban
The Trump administration is apparently considering a ban on some Chinese social media apps, including the popular…
Meet Zhang Yiming, a Chinese internet entrepreneur, He founded ByteDance in 2012 and developed the news aggregator Toutiao and the video sharing platform TikTok (Douyin). As of 2019, with more than 1 billion monthly users, ByteDance is valued at US$75 billion, making it the most valuable startup…
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