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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.
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."
Jiang Lu, a senior scientist at Google and part-time professor at Carnegie Mellon University's School of Computer Science, has joined TikTok.
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.
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.
Between January 31 and February 6, the sales volume of goods sold on Douyin e-commerce platform increased by 119% compared with the same period last year.
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.
![[Exclusive] Zhang Yiming’s Full Internal Letter: ByteDance 'Understands' US Decision, Still Aspires to Become Transformative Global Company](https://assets.pandaily.com/uploads/2020/08/zhangyiming.jpg)
On August 3, at 12:40 PM, Beijing local time, ByteDance founder Zhang Yiming sent out an all-staff letter in response to the potential sale of TikTok’s US operations.
TikTok parent company ByteDance reportedly achieved revenue of $61.7 billion in 2021, an increase of 80% year-on-year. Meanwhile, net losses reached an astonishing $84.9 billion.
ByteDance's AI assistant Doubao has now launched image recognition feature, which can identify the content of uploaded images.
The popular lifestyle app Lemon8, launched by the Chinese social media giant ByteDance four years ago, is gaining increasing popularity in the United States.
Insider sources report that Tencent has taken over certain gaming operations previously cut by ByteDance.