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Articles related to "bytedance"


Buying TikTok Is One Challenge for Microsoft. Making It Work Is Another.

  • For Microsoft Corp., navigating the political and strategic hurdles in its pursuit of TikTok’s U.S. business might just be the easy part—figuring out how to carve out a chunk of a global app and adopt its code and data may prove a far tougher task.
  • Splitting TikTok’s U.S. operations from those of Beijing-based parent ByteDance Ltd. presents myriad technical challenges, industry officials say.
  • Any buyer would have to rewrite software to ensure those working on the hugely popular video-sharing app’s legacy operations couldn’t...

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Trump to ban transactions with ByteDance and Tencent in 45 days

  • WASHINGTON (Reuters) -- U.S. President Donald Trump issued executive orders on Thursday banning any U.S. transactions with ByteDance, the Chinese company that owns video-sharing app TikTok, and Tencent, owner of the WeChat app, starting in 45 days.
  • The TikTok app may be used for disinformation campaigns that benefit the Chinese Communist Party, and the United States "must take aggressive action against the owners of TikTok to protect our national security," Trump said in one order.
  • Trump said this week he would support the sale of TikTok's U.S. operations to Microsoft Corp if the U.S. government got a "substantial portion" of the sales price but warned he will ban the service in the United States on Sept.
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China state media accuses US of trying to steal TikTok

  • Hong Kong (CNN Business) - Chinese state media this week is blasting Washington for what it calls the United States' "nasty" treatment of TikTok — the wildly popular video-sharing app that has become emblematic of worsening US-China relations.
  • A weekslong debate about the future of TikTok — which is owned by Bejing-based tech firm ByteDance — came to a head over the weekend when US President Donald Trump threatened to ban the app from operating in the United States.
  • The state-run newspaper China Daily, for example, dismissed a potential sale of the app as a "smash and grab" raid orchestrated by the US government.
  • The national newspaper Guangming Daily on Monday held up the debate over TikTok as emblematic of the kind of experience that might await other Chinese companies with plans to expand beyond mainland China.

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Microsoft Should Score a Bargain on TikTok - History Says It Won’t

  • TikTok presents a golden opportunity for Microsoft (NASDAQ: MSFT) to expand its fledgling digital advertising business in ways the $1.6 trillion software giant could only dream of before.
  • With the Trump administration putting ByteDance on the hot seat, Microsoft should be poised to scoop up the app for a bargain.
  • Two years later, the enterprise software giant took a $7.6 billion write-down on the acquisition.
  • And just one year before purchasing Nokia, Microsoft took a $6.2 billion write-down on advertising firm aQuantive.
  • Before Microsoft emerged as a serious suitor for TikTok, investors valued it at $50 billion – 50 times its projected revenues for 2020.
  • Despite Microsoft’s unimpressive history at acquisitions, the conditions are ripe to scoop up TikTok’s U.S. business at a serious discount.
  • Will Microsoft, finally sensing its opportunity to join the digital advertising race in a big way, act desperate once again and overpay?

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Instagram’s Short-Video Feature Reels Debuts in U.S. as Threats to TikTok Mount

  • Facebook Inc.’s Instagram has launched a short-video feature in the U.S., challenging the empire that Chinese social-media upstart TikTok has built on user-generated dance videos, comedy skits and viral challenges.
  • The home-market debut Wednesday of Reels continues a practice within Facebook—and elsewhere in Silicon Valley—in which it takes inspiration from competitors and then launches similar features in its own products.
  • Reels is a major investment for Instagram, showcased prominently within the app and buttressed by video...

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Microsoft CEO Nadella Wades Into U.S.-China Tensions in TikTok Pursuit

  • Merger deals are rarely simple.
  • But Microsoft Corp.
  • Chief Executive Satya Nadella now is attempting to ink a takeover agreement that satisfies not only both the companies and their shareholders, but two governments in bitter competition for technological clout.
  • If it pans out, the acquisition of TikTok’s U.S. operations from Chinese parent ByteDance Ltd. could be a boon to Microsoft’s business, giving it 100 million mostly young users to bolster its consumer-facing operations.
  • But the pursuit of TikTok has put the software...

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Microsoft CEO Nadella Wades Into U.S.-China Tensions in TikTok Pursuit

  • Merger deals are rarely simple.
  • But Microsoft Corp.
  • Chief Executive Satya Nadella now is attempting to ink a takeover agreement that satisfies not only both the companies and their shareholders, but two governments in bitter competition for technological clout.
  • If it pans out, the acquisition of TikTok’s U.S. operations from Chinese parent ByteDance Ltd. could be a boon to Microsoft’s business, giving it 100 million mostly young users to bolster its consumer-facing operations.
  • But the pursuit of TikTok has put the software...

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TikTok and the Sorting Hat

  • The U.S. government is considering banning the app as a national security risk, and while that’s the topic du jour for just about everyone right now, I’m much more interested in tracing how it got a foothold in markets outside of China, especially the U.S. with its powerful incumbents.
  • Ironically, the app got more traction across the Pacific Ocean, so they killed their efforts in their home country of China and focused their efforts on their American market.
  • It is known as the algorithm company, first for its breakout algorithmic “news” app Toutiao, then for its Musical.ly clone Douyin, and now for TikTok. Prior to TikTok, I would’ve said YouTube had the strongest exploit algorithm in video,The exploit versus explore conundrum is sort of a classic of algorithmic design, usually mentioned in relation to the multi-armed bandit problem.

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China won't accept 'theft' of TikTok, according to state newspaper

  • China won’t accept the “theft” of TikTok, and that it has “plenty of ways to respond” if the US government tries to force a sale through, according to an editorial in the state-run China Daily (via Reuters).
  • That follows news that Microsoft wants to acquire TikTok’s operations in certain markets, after US President Trump threatened to ban the app.
  • China will by no means accept the "theft" of a Chinese technology company, and it has plenty of ways to respond if the administration carries out its planned smash and grab.
  • Meanwhile, TikTok parent ByteDance told the BBC it was “committed to being a global company,” and that it has been “evaluating the possibility of establishing TikTok’s headquarters outside of the US, to better serve our global users.” The social media app is one of the few originating in China to gain success in the US market.

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TikTok could become Microsoft's deal of the decade

  • Within a year of taking over as CEO in 2014, he bought the Swedish games company behind Minecraft; later, he closed the $US24 billion purchase of professional-network site LinkedIn. An earlier idea to have TikTok, or at least the US operations, spun off and bought by existing ByteDance investors looked good on paper.
  • I also think it might solve the issue of data transparency by putting the US operations of TikTok in the hands of a trusted, publicly listed American company.
  • The company "would ensure that all private data of TikTok's American users is transferred to and remains in the United States", it said.
  • According to The Information, TikTok's revenue last year was about $US300 million globally - that's less than 2 per cent of an entire company which CB Insights lists as the world's top unicorn at $US140 billion in value.

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