ByteDance Reportedly Seeking a $9.5 Billion Loan
ByteDance is reportedly seeking a loan of $9.5 billion, poised to be the largest dollar-denominated corporate loan in Asia, excluding Japan.
9/3/20242 min read
Tag: #Bytedance
Showing 12 of 227 posts with this tag
ByteDance Forms Food and Beverage Product Team
After launching an in-house tea brand called "Taoyuan Yuye" last year, TikTok owner ByteDance now plans to team up for a new food and beverage business.
5/12/20222 min read
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."
1/31/20243 min read
TikTok Tops Mobile Application Worldwide Revenue List for July 2020
TikTok and its Chinese version of Douyin have earned more than $102 million in the global App Store and Google Play.
8/5/20201 min read
ByteDance Launches Seed Edge, Doubling Down on AGI Research
In late January, ByteDance officially established a research project codenamed "Seed Edge", with the core goal of conducting more long-term and fundamental cutting-edge research on AGI beyond pre-training and large model iterations.
ByteDance's News Aggregator Jinri Toutiao Appoints New CEO
Zhang Yiming stepped down as the CEO of his company's flagship platform Jinri Toutiao, a news aggregator, but kept his title as CEO of the parent company ByteDa...
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.
7/13/20222 min read
ByteDance Accelerates the Relocation of TikTok Employees Overseas
TikTok's front-end and back-end developers, data analysts, algorithm engineers, and other positions working in China have been receiving notices to transfer to overseas locations.
1/17/20243 min read
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.
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.
12/23/20223 min read
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.
4/24/20232 min read
E-Commerce Services Firm Mediabook Secures Nearly 100M Yuan in New Funds
Mediabook, a Shanghai-based e-commerce service provider, has continuously completed A and A+ rounds of financing totaling nearly 100 million yuan ($15.7 million).
2/16/20222 min read