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The China News Database was last updated at 01:50PM on November 9, 2023.
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392 articles matching the search query.
WSJ News Exclusive | TikTok Sale to Oracle, Walmart Is Shelved as Biden Reviews Security
The U.S. plan to force the sale has been shelved indefinitely, people familiar with the situation said, as President Biden undertakes a broad review of his predecessor’s efforts to address potential security risks from Chinese tech companies.
China court accepts ByteDance case filing against Tencent over alleged monopoly
ByteDance is bringing its battle with archrival Tencent to the court at a time when the Chinese government moves to curve the power of the country’s internet behemoths. The Beijing Intellectual Property Court has permitted a ByteDance lawsuit brought against Tencent to proceed, a ByteDance spokesperson confirmed with TechCrunch. Upstart new media company ByteDance alleged […]
ByteDance Sues Arch-Rival Tencent Over Alleged Monopolies
ByteDance Ltd. sued Tencent Holdings Ltd. over alleged monopolies in its WeChat and QQ platforms, escalating a feud between the leading Chinese social media giants.
ByteDance's Douyin sues Tencent for monopolistic behaviour
ByteDance's Chinese short video app Douyin has filed a complaint with a court in Beijing to sue Tencent Holdings for monopolistic behaviour and asked for 90 million yuan ($13.94 million) in compensation, ByteDance said on Tuesday.
TikTok owner ByteDance launches Douyin Pay, mobile payment service for China
Beijing-based ByteDance recently launched its own third-party payment service for Douyin, the Chinese version of its hit short video app TikTok, as it presses to expand into the e-commerce business in China.
TikTok Download Ban Is Blocked by Second Judge
The preliminary injunction stops the Commerce Department from implementing restrictions that would have essentially banned the app in the U.S.
TikTok Tries To Run Out Clock Of Trump Presidency
Hi folks, it's Shelly. TikTok skated past another U.S. ban last week as its strategy for the rest of President Donald Trump's term becomes increasingly clear: Wait it out.
Exclusive: TikTok-owner ByteDance to rake in $27 billion ad revenue by year-end: sources
TikTok-owner ByteDance is on track to generate at least 180 billion yuan ($27.2 billion) in advertising revenue in China this year, which will cement its no. 2 spot in China's digital ad market, two people with knowledge of the matter said.
TikTok owner ByteDance in fundraising talks that will value it at $180 billion: sources
TikTok-owner ByteDance is in early talks to raise a new round of financing that will value it at $180 billion after the investment, according to two people familiar with the matter.
TikTok owner ByteDance on hiring spree in China amid US troubles
Beijing-headquartered ByteDance plans to bring in 10,000 more employees based in China by the end of the year, which is expected to hit founder Zhang Yiming’s target of nearly doubling the start-up’s global headcount to 100,000 by the end of the year.
ByteDance to invest $165m in Chinese e-book reader Zhangyue
The company is up against Tencent spinoff China Literature and Kuaidian, which is backed by Sequoia China, GGV Capital, and Morningside Ventures Capital.
TikTok Shutdown Argued Before Federal Judge
A judge didn’t rule immediately on the Chinese-owned video app’s request for a preliminary injunction to stave off a U.S. shutdown that the Trump administration ordered to take effect later this month.
TikTok owner ByteDance launches education technology brand Dali for China
Beijing-based ByteDance announced a standalone education technology (edtech) brand Dali for the Chinese market on Thursday, becoming another major tech player looking to capitalise on the sector's boom driven by the COVID-19 pandemic.
ByteDance weighs listing Chinese unit Douyin
Owner of TikTok involved in talks with investment banks, sources say
TikTok Deal Makers Await Court Ruling on U.S. Ban
The fate of TikTok’s U.S. operations could turn on whether a federal judge blocks the app’s shutdown or bolsters the Trump administration’s demand for a sale by ruling against the Chinese-owned business.
TikTok Rivals Seek to Exploit U.S. Action, Lawyers Say in Court Filings
The Trump administration’s attempted ban on TikTok threatens to devastate the video-sharing app’s user base and competitive position, lawyers for the company argued Wednesday.
U.S. Appeals Injunction Against TikTok Ban
Trump administration officials have said the Chinese-owned app presents a security risk to American users.
The clock is ticking on the TikTok-ByteDance SEA expansion
Armed with the most downloaded app and fintech ambitions, ByteDance wants to crack Southeast Asia. But it’s trailing competitors in a crowded space
ByteDance applies for tech export licence in China amid TikTok deal talks
ByteDance has applied for a tech export licence in China as it races to seal a deal with Oracle Corp and Walmart Inc that it hopes will end U.S. government plans to ban its TikTok video-streaming app on security grounds.
TikTok’s Zero Hour: Haggling With Trump, Doubts in China and a Deal in Limbo
After months of maneuvering over the future of TikTok, it took last-minute phone calls to persuade President Trump to sign off in principle on the outlines of an agreement to keep the app operating in the U.S. Even that outcome—an M&A deal like no other—remains uncertain.
