Bytedance News

United Arab Emirates spy chief, royal Sheikh Tahnoon bin Zayed Al Nahyan has purchased a more than $100 million stake in ByteDance Ltd., the parent company behind the popular video platform TikTok, says a Bloomberg report. In recent months,…

Popular video-sharing platform TikTok is reportedly considering separation from parent company ByteDance. As per Bloomberg, the reason behind this probable split stems from concerns voiced by the United States over the app and the alleged…

ByteDance Ltd. has acquired one of China’s largest private hospital chains for about $1.5 billion, deepening a foray into health care via one of the largest domestic tech deals since Beijing’s internet crackdown. TikTok’s Chinese owner paid…

Hong Kong: China-based ByteDance has shut down a game development studio, laying off more than 100 employees, media reports said. ByteDance, TikTok's parent company, shut down the '101 Studio' in Shanghai it had acquired three years ago.…