*ByteDance Archives - Page 5 of 10

ByteDance Denies Layoffs in Game Distribution Line

Recently, it was reported that ByteDance's game team will reduce 80% of its staff in the distribution business line. However, a relevant employee in charge of ByteDance's Nuverse declared such reports untrue in a statement.

Kuaishou Revamps Push Into Targeted Overseas Markets

Kuaishou has recently revamped its overseas business strategy, setting up targeted ventures in various regions including Southeast Asia and Latin America.

ByteDance Changes Plan to Launch VC Brand

ByteDance's plan to launch a VC brand “Jinqiu Venture Capital” has been reportedly changed, and the brand name was no longer called “Jinqiu”.

Moonton’s Game Selected by SEA Games 31

Mobile Legends: Bang Bang (MLBB), a Multiplayer Online Battle Arena (MOBA) mobile game independently developed by Shanghai-based Moonton Technology, has once again joined the e-sports program of the Southeast Asian Games.

ByteDance’s Douyin Introduces Interest-Based Social Function

ByteDance's Douyin, the Chinese mainland version of TikTok, has recently launched an "interest matching" function, which focuses on socializing based on short video content.

ByteDance Launches Music Creation Tool “Sponge Band”

Beijing-based tech firm ByteDance has recently launched an app called "Sponge Band." This product will better serve users with music editing needs on Soda Music and Douyin.

Riot Games Sues Moonton for Plagiarism

California-based game developer Riot Games has sued ByteDance's Shanghai Moonton Technology Co., Ltd. for what it called "blatant copying" of the mobile version of Wild Rift.

ByteDance Launches “Lingjing” Livestreaming Device and App

Beijing-based technology firm and TikTok owner ByteDance has launched a new hardware device called the "Lingjing Livestreaming All-in-One Machine," as well as a corresponding "Lingjing" app.

Tencent Video Sues ByteDance’s Toutiao for Copyright Infringement

Tencent Video has recently sued ByteDance's Toutiao, a news and content aggregation platform, for copyright infringement and unfair competition, claiming a total of 10 million yuan ($1.49 million).

TikTok Launches Contextual Advertising Solution TikTok Pulse

TikTok, a short video app owned by ByteDance, released a new contextual advertising solution called "TikTok Pulse" on Wednesday, which allows marketers to place their brands next to the platform's most engaging content.

NetEase Founder Steps down as Director of Media Subsidiary

According to Tianyancha's app, William Ding, founder of tech giant NetEase, withdrew from his position as legal representative, general manager and director of Beijing NetEase Media Co., Ltd., a subsidiary of NetEase.

ByteDance Appoints Lawyer Julie Gao as New Chief Financial Officer

TikTok-owner ByteDance has appointed Julie Gao from international law firm Skadden as its new chief financial officer (CFO), according to an internal memo sent by ByteDance chief executive Liang Rubo on Monday.

ByteDance Enters Digital Fashion Industry

ByteDance's short video sharing platform Douyin has entered the digital fashion industry and plans to launch a business called "Pheagee."

ByteDance’s Xigua Video Sues Tencent for Copyright Infringement

Xigua Video, a video app owned by ByteDance, has launched a lawsuit against Tencent for copyright infringement and unfair competition practices, claiming a compensation of 8 million yuan ($1.24 million).

TV Maker Konka and ByteDance’s Smartisan OS Launch New Operating System

Major television manufacturer Konka and Smartisan OS, the original R&D team for Smartisan which was acquired by ByteDance, cooperated to develop a screen operating system on Monday.

ByteDance Initiates Stock Option Plan at $142 Per Share

TikTok owner ByteDance on April 15 communicated details regarding year-end merit pay with its employees, also offering them the option of exchanging their bonuses for ByteDance’s untraded stocks at $142 per share.

ByteDance-Owned VR Startup Pico Releases Neo 3 Link Headset

Pico, a VR brand owned by TikTok owner ByteDance, announced at the Laval Virtual event in France on April 13 that its Neo 3 Link headset will cost €449 ($539), with limited availability.

TikTok Under US Government Investigation on Child Sexual Abuse Material

Chinese tech giant ByteDance's short video platform TikTok is now currently facing investigation by U.S. government agencies over its handling of child sexual abuse material.

ByteDance’s Douyin and Toutiao to Display Account IP Location on User Homepage

ByteDance will launch a feature on two of its products, TikTok's sister app Douyin and information platform Toutiao, with which the account IP location will be displayed on the user's personal homepage.

TikTok Is Testing New Dislike Button

TikTok, a wide popular short video app owned by ByteDance, is now testing a dislike button to help users "feel more in control over comments," according to a blog post the company released on Wednesday.

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