ByteDance In The News

After taking stake in TikTok parent, China’s government to snap up shares in Tencent, Alibaba units (report)

China's Government is acquiring stakes in local subsidiaries of China’s tech giants Tencent Holdings and Alibaba Group

TikTok offers cheaper ads in race against social media rivals Meta, YouTube and Twitter (report)

FT report cites advertisers, industry bodies and brands

YouTube Shorts to split share of ad revenue between music rightsholders and creators from February 1

Shorts' revenue-sharing model replaces the YouTube Shorts Fund

The story of Trefuego’s TikTok hit 90mh – and Sony’s bid to scrub it from the internet

It was a TikTok viral hit with hundreds of millions of streams – before Sony issued a copyright takedown. But five months on, it won't go away.

Video games maker John Carmack quits as Meta’s Executive Consultant for VR: ‘We have a ridiculous amount of people and resources, but we constantly self-sabotage and squander effort.’

Executive says 'this is the end of my decade in VR'

Another music streaming service is making its own AI-generated songs – and it’s on course to create over 200,000 of them.

MENA-focused Anghami claims that it will soon become the first platform to host over 200k songs generated by AI.

SiriusXM explores job cuts on slowing revenue growth (Report)

Firm warned of potential job cuts in a November 28 town hall with employees, according to Bloomberg

Reliance-backed Jio Platforms launches TikTok alternative in India in partnership with Rolling Stone, Creativeland Asia

App will go live in January 2023