Recently, China's high-end GPU chip maker Biren Technology and IDG Capital and ByteDance jointly invested in the angel round of Shanghai-based YunSilicon, a Chinese Data Processing Unit (DPU) start-up.
Yahoo, an American Internet portal, announced on its official website that from November 1, 2021, users from the Chinese Mainland will not be able to use Yahoo's products and services.
Bytedance CEO Liang Rubo released an internal letter this morning, saying that the firm will make organizational changes and set up six business units.
On October 29, Chinese short video platform Kuaishou announced its co-founder Su Hua has relinquished the role as CEO, and Cheng Yixiao, another co-founder, executive director and chief product officer, has been appointed as CEO.
Due to a dispute between prominent web influencer Li Ziqi and her partner company, Weinian Brand Management Co., Ltd., ByteDance withdrew its stake in the company on October 16.
The boom of live streaming e-commerce in China is best understood as an outcome of layers of factors, some are particular to the history of Chinese e-commerce, others universal for any Internet companies in need for commercialization.
The live streaming security center under Douyin recently announced that it will launch a special campaign to crack down on vulgar and negative content in live streaming.
Pu Guannan, Vice President of FunPlus, a game R&D company, delivered a speech on October 22, explaining in detail how the company has created its own e-sports ecosystem.
Since the end of 2020, Chinese Internet giant ByteDance has continuously adjusted the organization structure and business scope of its commercialization team, and many team members were laid off this month.
According to Qichacha, Beijing Kuaishou Technology Co., Ltd., and Beijing Microlive Vision Technology Co., Ltd., an affiliated company of Douyin, were fined 200,000 yuan ($31,110) for violating Chinese advertising laws.
Douyin has recently added a lifestyle sharing function with pictures and text, in addition to its live-streaming and short video sharing, so as to create a broader business ecosystem of live-streaming, short video sharing and photo posts.
A notice was issued by the Ministry of Industry and Information Technology today, saying that the 96 apps that had failed to complete the necessary platform fixes within the required time limit were removed from app stores.
A document named "WorkerLivesMatter" that has covers specific departments in over 1300 Chinese companies has been viewed over 100,000 times by October 12th.
TikTok's sister app Douyin released a report today, indicating that the broadcast volume of pan-knowledge content has accounted for 20% of the total broadcast volume of the platform.
