Tag: bytedance

Meet News Break, the news app trending in America founded by a Chinese media veteran

TikTok isn’t the only new media app with Chinese background that’s making waves in the U.S. News Break, a news app founded by China’s media veteran Jeff Zheng with teams in Beijing, Shanghai, Seattle and Mountain View, has been sitting among the top three news apps in the U.S. App…

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Google removes millions of negative TikTok reviews amid backlash in India

ByteDance’s TikTok app, which has gained hundreds of millions of users in India with its short-form videos, is facing criticism in its biggest overseas market after disturbing videos surfaced on the platform. Phrases such as BanTikTok, DeleteTikTok, and BlockTikTok have trended on Twitter in India in the past three weeks…

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China Roundup: A blow to US-listed Chinese firms and TikTok’s new global face

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. It’s been a tumultuous week for Chinese tech firms abroad: Huawei’s mounting pressure from the U.S., a big blow to…

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TikTok parent ByteDance leads $6M round in financial AI startup Lingxi

TikTok’s parent company ByteDance has added Lingxi, a Beijing-based startup that applies machine intelligence to financial services such as debt collection and insurance sales, to its ever-expanding portfolio of investments. The AI startup has raised a $6.2 million Series A round co-led by ByteDance and Rocket Internet, the German accelerator…

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TikTok’s new CEO is Disney’s former streaming leader

TikTok may have a solution to keeping its momentum going: hire a leader with a knack for streaming video. Parent company ByteDance has hired Kevin Mayer, Disney’s chairman for streaming services like Disney+ and Hulu, as TikTok’s CEO. He’ll also serv… Source

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93% of Chinese minors are now online

Children and teenagers in China are hyper-connected and using the internet in ways that were unimaginable and inaccessible to earlier generations. As many as 175 million people under the age of 18, or 93.1% of the country’s underage population, were internet users in 2019, according to a joint report released…

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