scorecardresearch
Thursday, March 28, 2024
TopicByteDance

Topic: ByteDance

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.

ByteDance works to resolve data security concerns over TikTok deal as process drags on

ByteDance is in discussions on a final proposal with the Committee on Foreign Investment in the U.S., or Cfius, the regulatory body that must clear any agreement.

On Camera

Carnatic musicians indulged TM Krishna for too long. Boycott is just a start

Krishna has slandered an entire community in the name of freedom of speech. But Brahmin musicians numerically dominate the field due to a complex mix of socio-economic factors, not casteism.

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

BRO connects new axis to Ladakh, to be shortest route

The all-weather Nimmu-Padam-Darcha Road will connect Manali to Leh through Darcha and Nimmu on Kargil-Leh Highway.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.