ByteDance

Alibaba Group Holding Limited (NYSE: BABA) kicked off its Singles Day extravaganza for the first time in years without its two mega sales stars, casting doubt over China's biggest shopping event and the performance of the brands, Reuters reported. Alibaba's extravaganza, built up...

TikTok parent ByteDance Ltd reportedly wants to boost its music-streaming business and up the ante against industry heavyweights such as Spotify Technology S.A. (NYSE: SPOT).  What Happened: ByteDance has started approaching music labels for its Resso...

HSBC Holdings, plc (NYSE: HSBC) found the outlook of some Chinese industries, from the internet to property, has turned brighter as it had priced in much of the bad news. HSBC identified four sectors in China that look promising, Bloomberg reports. The sectors included internet...

The U.S. preliminarily agreed to resolve national security concerns posed by the Chinese-owned video app TikTok just weeks before November's midterm elections. The two sides struggled over a deal allowing TikTok to change its data security and governance without requiring its owner, the...

Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) video streaming platform YouTube announced “new ways” for its Shorts creators to make money on Tuesday. What Happened: The Sundar Pichai-led company said in a blog post that beginning early 2023, Shorts-...

TikTok’s answer to BeReal has reportedly begun to appear as a standalone app in several countries. What Happened: TikTok Now was launched in some regions outside the United States on Sept. 18, reported TechCrunch, citing data from digital and mobile intelligence...

Leading social platform TikTok has become one of the most downloaded and used apps around the world with growing interest in the U.S. Facing security concerns with links to China, the app faces a potential ban in the U.S. Here’s what Benzinga followers think could happen. What Happened: Owned...

Three popular social media networks are being sued over claims of creating mental health problems. Here are the key details. What Happened: Lawsuits have been filed by the Social Media Victims Law Center against Snap Inc (NYSE: SNAP) owned Snapchat, Meta Platforms Inc (NASDAQ: META) owned Facebook...

Chinese tech giant Tencent Holdings Ltd. (OTC: TCEHY) is planning to shut down its content creation app Kandian next Monday as part of a broader strategy to become more efficient, the South China Morning Post reported. What Happened: Kandian will shut down...

A TikTok video posted by celebrity British chef Gordon Ramsay’s official account is earning some backlash online. What Happened: Gordon can be seen creeping up on some lambs in a pen in the video saying “I’m going to eat you” to the lambs while crossing into the...

Meta Platforms Inc (NASDAQ: META) CEO Mark Zuckerberg says one of the transformations at the company is that social feeds are going from being driven by people to being driven by artificial intelligence. What Happened: Zuckerberg, talking at Meta’s second-quarter...

China's ByteDance-owned TikTok has been facing increasing heat over China having access to data collected by the short-video app from users in the U.S. What Happened: TikTok named Kim Albarella as interim head of Global Security Organization following the transition of Ronald Cloutier, Global...

TikTok star Ophelia Nichols has appealed to her seven million-plus followers for help after her son Randon Lee was shot dead last week at a gas station near Mobile, Alabama. What Happened: Nichols, popularly known as “Mama Tot,” on TikTok said, “I ain...

ByteDance-owned TikTok is testing games on its short-form video platform through a tie-up with Zynga Inc (NASDAQ: ZNGA) as it plans to foray into new waters, Reuters reported on Friday. What Happened: TikTok is planning to make gaming more widely available in...

Chinese online fast-fashion retailer SHEIN is mulling a $1 billion funding that could shoot its valuation past the owners of H&M, Uniqlo (OTC: FRCOY), and Zara.  What Happened: According to a Bloomberg report, the e-tailer is in talks with potential investors, including General...