Tag: tiktok
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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Daily Crunch: Disney’s streaming chief departs for TikTok
TikTok enlists a big name from Disney as its new CEO, Walmart is shuttering its Jet e-commerce brand and EasyJet admits to a major data breach. Here’s your Daily Crunch for May 19, 2020. 1. Disney streaming exec Kevin Mayer becomes TikTok’s new CEO Mayer’s role involved overseeing Disney’s streaming…
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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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Disney streaming exec Kevin Mayer becomes TikTok’s new CEO
Kevin Mayer, head of The Walt Disney Company’s direct-to-consumer and international business, is departing to become CEO of TikTok, as well as COO of the popular video app’s parent company ByteDance. Founder Yiming Zhang will continue to serve as ByteDance CEO, while TikTok President Alex Zhu (formerly the co-founder of…
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Facebook’s social Zoom competitor Messenger Rooms goes live globally
Zoom was never meant to be a social network, but the enterprise video chat app has become essential software for those looking to stay in touch with friends and family during the pandemic. Today, Facebook looks to steal back the service’s social video chat growth as it globally launches Messenger…
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