6 days ago · Under the plan, ByteDance would not have to completely cut ties with TikTok, a favorable outcome for its investors. But it would have to allow a “full U.S. board control,” the person said. Under the proposal, the China-based tech company would contribute TikTok’s U.S. business without the proprietary algorithm that fuels what users see on ...

Jan 22, 2025 · Trump’s executive order paused the enforcement of a bipartisan law passed by Congress last year that required ByteDance to sell TikTok’s U.S. assets by Sunday for the app to continue ...

ByteDance Ltd., a privately held company that has opera-tions in China. ByteDance Ltd. owns TikTok’s proprietary algorithm, which is developed and maintained in China. The company is also responsible for developing portions of the source code that runs the TikTok platform. ByteDance Ltd. is subject to Chinese laws that require it to “assist or

Mar 18, 2024 · In particular, they worry that TikTok, which is owned by Beijing-based ByteDance, could share data with the Chinese government or manipulate content displayed on its platform. So far, there’s...

Jan 17, 2025 · The ban of TikTok in the United States is set to create a glaring hole in social media. For ByteDance, TikTok’s parent company in China, it also could create a glaring hole in its business. The ...

Founded by Zhang Yiming, Liang Rubo, and a team of others in 2012, ByteDance developed the video-sharing apps TikTok and Douyin. The company is also the developer of the news platform Toutiao and the video-editing app CapCut.

Apr 25, 2024 · The new law gives TikTok’s parent company ByteDance nine months to sell the short-form video app or face a ban in the US, where it claims some 170 million users and has raised national security...