Bytedance Archives - Page 6 of 11

Forking VR Receives Tens of Millions of Yuan in New Investment

On August 15, Shanghai-based VR content production company Forking VR announced its completion of a pre-A round of financing totaling tens of millions of yuan, with investment from Sequoia China Seed Fund.

ByteDance-Linked Jinqiu Venture Capital Completes First Investment

Jet Commerce, a Jakarta-based one-stop e-commerce services provider, announced on August 10 its completion of round-B financing exceeding $60 million. Its lead investor Jinqiu Venture Capital has a strong relationship with TikTok's parent company, ByteDance.

Photos of New AR/VR Controller From ByteDance’s Pico Leaked

As compared to the previous generation of products, Pico's new controllers exhibit major changes in design.

ByteDance’s VR System Developer Pico Obtains VR Eye Tracking Patent

On July 26, Pico, a subsidiary of ByteDance, was granted a patent named "Eye Tracking Method and System Based on Virtual Reality", and its application date was March 30, 2021.

ByteDance Apps Including Shiqu Removed From Stores

Some of ByteDance's new apps have recently been removed from online stores, including smart reading product “Shiqu,” recommendation platform “Kesong,” and real-time interactive community "Party Island."

ByteDance Has Initiated at Least Four Chip Projects

ByteDance has activated at least four chip projects, including AI chips, server chips, FPGA NIC (intelligent network card in Field Programmable Gate Array or FPGA) and RISC-V.

Former Xiaomi Design Director Nandir Joins ByteDance’s Pico

Nandir, the former design director of Xiaomi, has become the social design leader for ByteDance-owned VR firm Pico.

ByteDance to Reduce 2022-23 Recruitment Plan

ByteDance's CEO Liang Rubo recently updated his personal OKR, which shows that ByteDance is updating its recruitment plan according to business needs and will greatly reduce the numbes it needs throughout 2022-23.

ByteDance to Develop Chips for Its Own Video Recommendation Services

Yang Zhenyuan, Vice President at ByteDance, said that the company has no general-purpose chip plan and is not involved in businesses such as the manufacturing of CPUs and GPUs.

TikTok Shrinks Global Business

People from ByteDance said that the short video sharing app TikTok is adjusting its global business.

Douyin to End Same-City Social Function “Circle” on July 29

ByteDance's short video sharing platform Douyin announced on July 18 that due to changing business developments, "Circle," a same-city social networking function, will be closed on July 29.

ByteDance Opens Server Products Based on DPU Board for External Businesses

ByteDance's server product "Elastic Bare Metal (EBM)," developed by the firm's Volcengine and based on a self-developed DPU board, has been officially opened to use for external businesses.

ByteDance May Prepare to Develop Chips Independently

ByteDance, the owner of global hit short video app TikTok, is now looking to hire a large quantity of chip-related engineers.

ByteDance Launches Real-Time Interactive Community App “Party Island”

ByteDance's first online real-time interactive community app named "Party Island" was recently launched.

Musical.ly Co-Founder Louis Yang Quits ByteDance

Louis Yang, the first head of ByteDance Education Hardware Business, left the job last week.

ByteDance VR Experience Machine Patent Exposed

An affiliated company of ByteDance was granted an appearance patent for a "VR (Virtual Reality) Experience Machine (Mecha Version)".

ByteDance Updates Corporate Culture

Liang Rubo, CEO of Beijing-based tech giant ByteDance, issued an internal letter on Wednesday night regarding "ByteStyle."

ByteDance’s TikTok to Adjust EU User Rights

Regulatory bodies of the European Union said on Tuesday that TikTok, the globally popular short video sharing app owned by Beijing-based ByteDance, had agreed to adjust relevant consumer rights of local users in order to avoid sanctions.

ByteDance’s Douyin to Broadcast 2022 World Cup

China Media Group (CMG) and ByteDance's Douyin held a cloud release event on Tuesday, announcing that Douyin will become the broadcasting rights holder of the 2022 World Cup in Qatar.

ByteDance’s Education Business Conducts Mass Layoffs

The education business within ByteDance has reportedly undergone significant adjustments, including the laying off of about 3,000 employees.

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