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ByteDance Would Prefer TikTok Ban In USA Instead Of Selling It: Reports

TikTok’s CEO, Shou Zi Chew, recently expressed confidence that the company would successfully challenge legislation aimed at banning its app in the US, which was signed into law by President Joe Biden. Read on to know more - Newsx

ByteDance Founder Zhang Yiming Steps Down As Chairman: Report

ByteDance founder Zhang Yiming has stepped down as chairman of the TikTok owner, after announcing his resignation as chief executive officer in May, a person with direct knowledge of the matter told Reuters.

ByteDance terms govt freeze on Indian bank accounts as harassment

ByteDance terms govt freeze on Indian bank accounts as harassment ByteDance in January reduced its Indian workforce after New Delhi maintained a ban on its popular video app TikTok, imposed last year after a border clash between India and China Reuters | April 4, 2021 | Updated 17:06 IST TikTok, one of India s most popular video apps before it was banned, has faced scrutiny around the world China s ByteDance has told an Indian court that a government freeze on its bank accounts in a probe of possible tax evasion amounts to harassment and was done illegally, according to a filing seen by Reuters. ByteDance in January reduced its Indian workforce after New Delhi maintained a ban on its popular video app TikTok, imposed last year after a border clash between India and China. Beijing has repeatedly criticised India over that ban and those of other Chinese apps.

ByteDance in talks to sell TikTok India operations to rival firm Glance

ByteDance in talks to sell TikTok India ops to rival Glance Glance s parent company InMobi Pte owns short-video app Roposo that has gained popularity in India after central government banned TikTok in July last year BusinessToday.In | February 13, 2021 | Updated 22:29 IST TikTok was banned in India in July last year Chinese internet technology firm ByteDance, which owns popular short video sharing app Tiktok, is mulling to sale the India operations of TikTok to rival platform owner Glance, according to Bloomberg News. As per the report, the talks are in early stage and have been initiated by Japanese investment behemoth SoftBank which has shareholdings in Glance s parent company InMobi Pte as well as TikTok s parent, ByteDance.

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