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In November 2019, a class action lawsuit was filed in California that alleged that TikTok transferred personally identifiable information of U.S. persons to servers located in China owned by Tencent and Alibaba. [5] [6] [7] The lawsuit also accused ByteDance, TikTok's parent company, of taking user content without their permission. The ...
The platform, valued at $20 billion in a 2021 funding round, boasts backing from tech giants like Alibaba and Tencent, ... TikTok, owned by Chinese tech giant ByteDance, will be banned in the U.S ...
Tencent Appstore (Chinese: 應用寶, romanized: Yīngyòngbāo) is a Chinese app distribution platform developed and operated by Tencent, one of the largest technology companies in the world. The app store is one of the most popular platforms in China for downloading mobile applications and games, with millions of daily active users.
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]
The ban gave Chinese-owned ByteDance until 19 January to sell TikTok. If it fails to do so, a nationwide ban is set to come into force – despite having 170 million US users.
But TikTok is ultimately owned, through a complex multi-layered corporate structure, by ByteDance, a privately owned technology giant. The app is owned by TikTok LLC, a limited liability company ...
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.
The House of Representatives, on March 13, passed a bill that would force ByteDance, the Chinese owner of TikTok, to sell the app’s U.S. operations or face a nationwide ban.