Bytedance Archives - Page 2 of 11

ByteDance Restructures Gaming Business, Emphasizes Stability

ByteDance announced on Thursday that after strategic positioning adjustments, its gaming business will return to the incubation stage.

Tencent Acquires Two ByteDance Game Studios

Insider sources report that Tencent has taken over certain gaming operations previously cut by ByteDance.

ByteDance Acquires Stake in Xinyuan Semiconductors

ByteDance, the parent company of TikTok, has strategically invested in Xinyuan Semiconductors, a China-based memory chip manufacturer, according to recent corporate records.

ByteDance’s VR Subsidiary Pico Potentially Launching New Standalone VR Headset, Pico 4S

A recently leaked controller model and trademark suggest that Pico, a VR subsidiary of ByteDance, may soon release a new standalone VR headset, the Pico 4S.

ByteDance Denies Former Blizzard CEO’s Negotiation to Purchase TikTok

ByteDance denies that the former CEO of Blizzard has contacted Zhang Yiming regarding the potential acquisition of TikTok for $100 billion.

Douyin Real Estate Is Undergoing New Structural Adjustments, Transitioning to Online Business

Douyin Real Estate underwent a new round of structural adjustments in February, fully transitioning to online business.

ByteDance Is Actively Developing Multiple AI Products

ByteDance is actively engaged in the secret development of various products in the field of AI large models, including multimodal digital human offerings, as well as AI-generated image and video solutions.

ByteDance Releases SDXL-Lightning Model For Text-To-Image Generation, Increasing Speed by 10 Times

ByteDance has released the text-to-image open model SDXL-Lightning. This model can generate high-quality and high-resolution images in a very short time, making it one of the fastest text-to-image models currently available.

Jiang Lu, Head of Google’s VideoPoet Project, Joined TikTok

Jiang Lu, a senior scientist at Google and part-time professor at Carnegie Mellon University's School of Computer Science, has joined TikTok.

Douyin Denies the Rumored “3 Trillion yuan GMV Target”

Sources close to Douyin e-commerce revealed that in the coming year, the platform's low-price strategy will extend to content scenes, with malls and short videos actively promoting affordable products.

Douyin’s Zhu Hao Jia Home Improvement Business Suspended Amid Adjustments

Douyin has recently suspended the operation of its home decoration business, Zhuhaojia. The company responded by saying that the business will transition to explore a model for ensuring service.

ByteDance Clarifies: “Boximator” Remains a Research Project So Far, Not on Par with Sora in AI Video Modeling

ByteDance's Boximator, a video model product launched quietly before OpenAI's Sora release in early February, is still in a research phase with notable gaps compared to Sora.

ByteDance Launches “Hippo Learning” App

ByteDance recently launched the AI-based "Hippo Learning" app in the Chinese market, aimed at primary and secondary school students.

ByteDance Gathers Multiple Executives to Increase AI R＆D

ByteDance has appointed several senior executives to increase AI R＆D, and multiple products have started internal testing.

To Attract Young Voters, the Biden Campaign Team Sets Up An Account on TikTok

US President Biden's campaign team took advantage of the momentum of the Super Bowl to create a TikTok account, in order to attract support from young voters.

Zhang Nan Resigns as CEO of Douyin Group to Focus on ByteDance’s CapCut

On February 7, Zhang Nan, CEO of Douyin Group, officially announced her resignation as Group CEO on WeChat, and will focus on the development of the Bytedance product CapCut in the future.

The ByteDance Version of GPTs “Coze” Is Now Online

Recently, ByteDance officially launched the "Coze" AI Bot development platform. Any user can quickly and easily build their own Chatbot with low barriers to entry.

TikTok Officially Takes Majority Stake in Local Tech Giant Tokopedia

Indonesian tech giant GoTo announced today that TikTok has officially completed the transaction announced in December last year, spending $840 million to acquire 75.01% of the shares in GoTo's e-commerce subsidiary, Tokopedia.

Universal Music to Cease Licensing Music to TikTok and Publicly Accuses the Platform; TikTok Responds

In its announcement, Universal Music accused TikTok of "trying to build a music-based business without paying a reasonable price for the music."

ByteDance CEO Liang Rubo Expresses Concern about ByteDance Becoming Mediocre

Liang Rubo openly expressed his greatest sense of crisis is the concern that ByteDance is becoming mediocre and unable to achieve new breakthroughs.

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