Bytedance Archives - Page 4 of 11

ByteDance Refutes Offering $1.4M Annual Salary to Poach OpenAI Talent

It was reported that ByteDance, TikTok's parent company, offered an annual salary of $1.4 million to poach talent of the ChatGPT R&D team from OpenAI.

2023 Hurun Global Unicorn List: ByteDance, Shein and Ant Group Among the Top

On April 18th, the Hurun Research Institute published the "2023 Global Unicorn List," which includes non-public companies founded after 2000 and valued at over $1 billion. The valuation calculation for this list was based on data from the end of 2022.

ByteDance’s Volcano Engine Releases Large Model Training Cloud Platform

On April 18th, ByteDance's subsidiary, the Volcano Engine, released a series of self-developed cloud products including DPU and launched a new version of its machine learning platform.

ByteDance’s Douyin Collaborates with Sanxingdui Museum

On April 13th, ByteDance's Douyin and Sanxingdui Museum officially signed a framework cooperation agreement.

PICO 4 Pro VR Headset Available for Preorder, Starting from $553

On April 12, PICO, a VR device company under ByteDance, announced that its latest PICO 4 Pro VR all-in-one headset has started pre-sale in the Chinese market.

ByteDance’s Douyin Cooperates with Tencent Video

On April 7th, Bytedance's Douyin announced that it has recently reached cooperation with Tencent Video. The two parties will explore the promotion of long and short video linkage, short video secondary creation and other aspects.

Former Leader of Alibaba M6 Joins ByteDance AI Lab

Yang Hongxia, the former leader of Alibaba's M6 model, left her post at the Alibaba DAMO Academy Intelligent Computing Lab in September last year for personal and family reasons, and has now joined ByteDance's AI Lab (Artificial Intelligence Lab) to participate in the R&D of language generation model.

ByteDance’s Douyin Launches Video App Qingtao

Douyin, the Chinese version of TikTok owned by ByteDance, quietly launched an application called "Qingtao." It is a video platform for young people with a focus on interest and knowledge sharing.

China Responds to ByteDance Share Sale Requirements By US

At a regular press conference on March 16, China's Foreign Ministry Spokesperson Wang Wenbin responded to a question about TikTok.

ByteDance’s TikTok Appoints New Division Head Transferred From Toutiao

The e-commerce arm of ByteDance-owned TikTok will see Kevin Chen, the current the head of news aggregator Toutiao, lead its product and data science division.

Douyin Guides Merchants to Invest in Local Life Services Livestreaming

Chinese tech giant ByteDance is turning to the local life services field. Merchants who joined Douyin, the Chinese version of TikTok, have been greatly influenced by the platform.

ByteDance Adjusts Games Business, Establishes ONE Publishing Studio

ByteDance's games business has recently adjusted its organizational structure, as its original Chinese and global distribution studios have now merged into a new entity called ONE Publishing Studio.

ByteDance Ramps Up Investment in Free Novel Business

TikTok parent company ByteDance recently relaunched a free reading app called "Hongguo Novel." It is positioned as an app focusing on free novels and audiobooks.

ByteDance’s Douyin Group Adjusts Organizational Structure

ByteDance-owned Douyin Group has adjusted its organizational structure, naming Han Shangyou, the current vice president of Douyin, as the platform's new head, managing several business lines.

ByteDance to Continue Making Structural Adjustments

Liang Rubo, CEO of Chinese internet technology company ByteDance, said at the All-Hands employee meeting held on December 14 that the company would continue to make structural and personnel adjustments, which will be mild.

ByteDance’s Douyin Wins FIFA World Cup Broadcasting Rights

Football fans in China previously watched the World Cup only through traditional television channels like CCTV or online video streaming platforms such as Youku, but during this year's edition, ByteDance's Douyin became the first short video platform in the country to obtain live broadcasting rights for the competition.

PICO’s Sales Fall Short of ByteDance’s Expectations as Challenges Mount

As a strong competitor of Meta's Quest 2 device, a range of new PICO 4 products released this year have earned extensive attention. Now the company is suffering from internal and external challenges.

ByteDance Founder Zhang Yiming Places 2nd on Hurun China Rich List

Leading global research platform Hurun Research Institute released its Hurun China Rich List 2022 on November 8. Zhang Yiming, the founder of TikTok's parent company ByteDance, ranked second, and Robin Zeng, the chairman of battery giant CATL, ranked third.

TikTok to Expand E-Commerce Business to US and Spain

Following prior moves in the UK and Indonesia, ByteDance's TikTok is preparing to explore the Spanish e-commerce market, while several US merchants have participated in small-scale tests of TikTok's domestic online shopping platform.

ByteDance’s Womenswear Retail Platform If Yooou Faces Crisis

In late September, Beijing-based tech giant ByteDance announced a new online retail platform called "If Yooou." However, recent data shows that it has experienced a "[web] traffic crisis."

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