Tag: bytedance

As promised, President Trump has signed an executive order banning all transactions by US companies with TikTok's parent company ByteDance. However, a separate order extends the ban to messaging app WeChat AND its parent...

Last month there was speculation that a spun-off TikTok could be worth $50bn. Now it seems Microsoft is likely to be paying rather less for the social app, if it manages to acquire it. "Microsoft could buy TikTok for...

Analytics firm Sensor Tower published its latest charts yesterday for the top grossing non-gaming apps globally, based on data from Apple and Google's app stores. TikTok came top of the July 2020 chart with $102.5m of estimated...

The story of TikTok's possible ban and/or acquisition in the US is moving very fast. As we reported yesterday, Microsoft is in talks not just with TikTok and its parent company ByteDance, but with the US government and with...

Events have moved fast since Friday for TikTok's business in the US, it's fair to say. We'll start with the latest news: confirmation from Microsoft that it's in talks about an acquisition of TikTok in the US and certain...

Rumours continue about how TikTok plans to avoid a potential ban in the US by separating from its parent company ByteDance. Reuters claimed yesterday that some of the latter's investors – including VC firms Sequoia and...

"Unlike TikTok, Resso escaped the recent ban on apps of Chinese origin in India," we wrote earlier this month, when reporting on ByteDance's streaming music app reaching 10.6m installs in India so far – including 3m in...

TikTok hasn't been banned in the US, but some of the noises coming out of the White House have been distinctly menacing in recent days. What's more, this week the US House of Representatives voted to bar federal employees...

TikTok's parent company ByteDance test-launched its Resso music streaming app in India and Indonesia last year – we put it through its paces in December, ahead of its formal launch in India in March 2020. Unlike TikTok,...

TikTok and its parent company ByteDance have been hit by a ban in India as part of a wider crackdown on apps of Chinese origin. But there may be trouble brewing for the companies in the US, too, due both to the political...

There’s a big, startling figure in the latest story about the Indian government’s decision to ban 59 Chinese-origin apps, including TikTok. “An insider at TikTok parent ByteDance is telling Caixin the ban...

The rise of TikTok, and the assorted controversies around it, have meant there’s a lot more scrutiny of the economics of the app and its parent company ByteDance. Which is welcome for the music industry, as rightsholders...