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Zhang Yiming (Chinese: 张一鸣; born 1 April 1983) is a Chinese Internet entrepreneur.He founded ByteDance in 2012, developed the news aggregator Toutiao and the video sharing platform Douyin (internationally known as TikTok).
First released to the public in September 2017, TikTok is a video-sharing social networking service [80] used to make short-form videos, from genres like dance, comedy, and education. [ 81 ] [ 82 ] On 9 November 2017, ByteDance acquired Shanghai -based social media start-up Musical.ly for up to US$ 1 billion.
The "For You" page on TikTok is a feed of videos that are recommended to users based on their activity on the app. Content is curated by TikTok's artificial intelligence depending on the content a user liked, interacted with, or searched. This helps users find new content and creators reach new audiences, in contrast to other social networks ...
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
Susquehanna first invested in ByteDance in 2012, long before the company created TikTok and then merged it with a short-form video app called “Musical.ly” in 2018. When the app exploded in ...
The app is also unavailable in China, meaning more than 3 billion people around the world are unable to access TikTok. Several other regions and countries have also enacted partial bans on ...
On 24 April 2024, President of the United States Joe Biden signed a bill [24] that, on 18 January 2025, resulted in TikTok being disabled and removed from app stores in the United States. [ 25 ] [ 26 ] On 20 January 2025, President Donald Trump assumed office and signed an executive order delaying the app's ban for 75 days, pending a possible ...
The largest impact has been seen in the food and beverages sector, the report said, where TikTok contributed $6.4 billion in revenue and created 73,000 jobs in 2023.