TikTok Parent Company ByteDance To Develop New Music App, 'TikTok Music'
TikTok's parent company, ByteDance, is developing a new music app named "TikTok Music," according to a trademark application filed with US Patent and Trademark Office. The actual debut date is undisclosed. It will compete with music streaming behemoths such as Spotify, Apple, and Google. TikTok Music by ByteDance would allow users to "live stream audio and video… read-more
Tags: TikTok, Apple, spotify, music app, ByteDance
Courtesy: India today
Bytedance Founder Zhang Yiming To Step Down As CEO By 2021 End
TikTok’s parent company Bytedance CEO Zhang Yiming on May 20 announced to step down from the role citing his lack of managerial skills to run the firm. Reportedly, Liang Rubo, co-founder of the company would be the next CEO after Zhang. Billionaire Zhang said that he is ‘preferring solitary activities like being online, reading, listening to music, and daydreaming’ rather than being an ideal manager.
Tags: ByteDance, TikTok, CEO, Tiktok App, More on TikTok
Courtesy: Economic Times
TikTok India Head Nikhil Gandhi Quits ByteDance After An Year Ban
TikTok India head Nikhil Gandhi has planned to quit ByteDance after a year of Indian government banning the Tiktok app due to border stand-off with China. He was recently reassigned by ByteDance to the Middle East, Africa, Turkey and South Asia after the business in India packed up due to the ban last year. Known for 20-year-long experience in entertainment-based companies, Nikhil has served notice period to the company.
Tags: TikTok ban, ByteDance, Nikhil Gandhi, India-China Standoff
Courtesy: OMMCOM NEWS
ByteDance Denies to Sell TikTok to Microsoft, Looks to Obtain Deal with Oracle
Microsoft, on September 13, announced that ByteDance declined to sell TikTok's US operations. The company said that it was a good-fit for TikTok and had planned to make significant changes adhering to National Security standards. Sources reported that ByteDance is now considering Oracle. Earlier, the US government imposed a ban on the application, unless Bytedance sells its US operations to an American company.
Tags: TikTok, ByteDance, Microsoft, United States
Courtesy: Deccan Herald