Search results
Results From The WOW.Com Content Network
ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing and incorporated in the Cayman Islands. [7]Founded by Zhang Yiming, Liang Rubo, and a team of others in 2012, ByteDance developed the video-sharing apps TikTok and Douyin.
TikTok's parent company is ByteDance Ltd., of which 60% is owned by global investors, 20% by its Chinese co-founders and 20% by employees, TikTok said
Zhang's management style with ByteDance was modeled on US tech companies such as Google and included bimonthly town hall meetings and discouraging employees from calling him "boss" or "CEO", as is the Chinese convention. [14] In September 2015, ByteDance launched its video-sharing app TikTok (known as Douyin in China) with little fanfare.
TikTok, known in mainland China and Hong Kong [3] as Douyin (Chinese: 抖音; pinyin: Dǒuyīn; lit. 'Shaking Sound'), [4] is a short-form video-hosting service owned by Chinese internet company ByteDance. It hosts user-submitted videos, which may range in duration from three seconds to 60 minutes. [5]
TikTok's influence has been greater than its seemingly short-lived demise. The ByteDance-owned app returns after going dark over the weekend.
TikTok owner ByteDance is now the biggest buyer of Nvidia AI chips in China. Jaap Arriens/NurPhoto via Getty Images US regulations bar China from directly acquiring Nvidia's powerful H100 GPUs.
Shou Zi Chew (Chinese: 周受资; born 1 January 1983) is a Singaporean business executive who has been the chief executive officer (CEO) of TikTok, an online video platform owned by Chinese company ByteDance, since 2021. [1] [2] [3]
The supremely popular TikTok could be banned on Jan. 19 under a federal law that forces the video sharing platform to divest itself from its China-based parent company, ByteDance, or shut down its ...