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Friday, November 1, 2024
TopicByteDance

Topic: ByteDance

ByteDance founder Zhang Yiming tops China’s rich list

Shanghai: ByteDance founder Zhang Yiming is China's richest person, with personal wealth of $49.3 billion, an annual rich list showed on Tuesday, although counterparts...

US House passes bill that could ban Chinese app TikTok, CEO criticises ‘disappointing’ vote

Lawmakers have given TikTok's parent company 6 months to sell controlling stake. This comes amid fears that the app could be used to influence upcoming 2024 US Presidential polls.

TikTok COO V Pappas steps down after five years in the role

ByteDance CEO announced that Zenia Mucha, previously a 20-year veteran at Walt Disney Co, will join TikTok as chief brand and communications officer.

TikTok claims Biden administration is threatening ban if app owners don’t sell stakes

Owned by ByteDance, Tiktok has more than 100 million US users & legislators have raised fears that its US user data could be passed on to Chinese govt.

With his $60 bn fortune, TikTok founder Zhang Yiming is now among world’s richest

Shares of ByteDance trade at a valuation of over $250 bn. But it’s a tough time to be wealthy in China, which seeks to rein in powerful corporations & their billionaire founders.

Bombay HC allows ByteDance to operate Indian bank accounts after deposting Rs 78.91 crore

The indirect taxes department has accused ByteDance of evading taxes and not paying its GST dues in full, a charge denied by the Chinese firm which owns the now-banned app TikTok.

ByteDance considers sale of TikTok assets in India amid Chinese app ban

SoftBank has been attempting to salvage TikTok’s India assets and had been hunting for partners even as the Biden administration put on hold the unwinding of its US operations.

Indian TikTok rivals flooded with CVs as China’s ByteDance fires hundreds amid ban

ByteDance is laying off India-based employees as the government shows no signs of lifting the ban imposed on its most popular apps TikTok and Helo last June.

ByteDance seeks extension as US TikTok sale deadline looms

The Beijing-based company has asked the US government to extend a Thursday deadline for ByteDance to divest its TikTok business in the country.

TikTok’s owner sells its first consumer gadget. And it’s a lamp

ByteDance’s foray into education, under the brand name Dali, starts with a smart lamp that has a touch screen, camera and built-in voice assistant to help children with homework.

On Camera

Iran’s real fantasy is to take over Muslim world. Palestine is just a façade

Since 1979, Iran has used the Palestinian issue as a façade for its regional agenda to oppose American diplomacy, the Western world, and the existence of Israel.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

All about Major Bob Khathing, whose daring expedition & diplomatic parleys secured Tawang for India

The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.

From 2004 to 2024, bad news has come wrapped as good news for Congress

Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.