TikTok owner ByteDance offers employees buyback option at higher price to boost confidence
The buyback plan comes after a challenging few years for ByteDance, which has faced tougher regulation, a fall in valuation
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ByteDance
Threat of TikTok ban has creators scrambling to build followings on Instagram, YouTube
As U.S. lawmakers threaten a nationwide TikTok ban, creators are worried about what that would mean for their livelihood. Source
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Chinese TikTok owner increased U.S. lobbying spend by 130% this quarter
The company lobbied on an antitrust bill, a funding bill to boost competitiveness with China, digital privacy legislation and defense
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TikTok owner ByteDance explores self-designed chips as China aims for semiconductor self-sufficiency
ByteDance's semiconductor push highlights a focus from firms to create chips for specific purposes as well as China's desire to
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TikTok-owner ByteDance’s aggressive mobile gaming push is paying off as player spending grows
ByteDance has looked to aggressively expand into mobile gaming, an area that Tencent and NetEase have dominated in China. Source
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