ByteDance

Chinese internet technology company

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February 2025 ByteDance revealed OmniHuman-1, an AI system capable of creating realistic human videos from a single image and motion signals, currently in the research phase.
January 27 2025 Marvel Snap reappeared in the App Store.
January 21 2025 Marvel Snap service was restored following Trump's inauguration and delaying of PAFACA.
January 18 2025 Four additional ByteDance apps (CapCut, Lemon8, Gauth, and Hypic) were banned in the United States alongside TikTok.
January 18 2025 Marvel Snap was banned in the United States.
November 2024 Donald Trump changed his stance on TikTok's ban after ByteDance investor Jeff Yass donated to his election campaign.
September 2024 The Federal Trade Commission released a report examining data collection practices of 9 companies, including ByteDance, highlighting potential risks to user privacy, including vulnerability to identity theft, stalking, discrimination, and mental health impacts.
September 2024 Volcano Engine launched its own AI-generated video generator, expanding ByteDance's AI technology capabilities.
September 24 2024 ByteDance announced that TikTok Music would shut down on 28 November 2024.
June 2024 ByteDance launched Whee, a new image-sharing and social networking service.
May 2024 ByteDance laid off a large percentage of employees from its global user operations, content, and marketing teams, disbanding the global user operations team.
April 24 2024 President Joe Biden signed a bill into law requiring ByteDance to divest TikTok by 19 January 2025, or face a platform ban in the United States.
March 2024 ByteDance launches a $2.1 million marketing campaign across swing states in response to anti-TikTok advocacy groups calling for the app to be banned, targeting states with vulnerable Senate Democrats up for re-election.
January 2024 Resso was shut down in India due to 'local market conditions'.
2023 ByteDance established 8th Note Press, a new publishing company.
2023 ByteDance spends $8.7 million on lobbying efforts throughout the year.
2023 ByteDance was investigated by the Central Bank of Ireland for insufficient anti-money laundering controls in its payment division, raising regulatory concerns about the company's financial compliance.
2023 G42 purchased a stake in ByteDance, indicating a significant investment or strategic partnership for the company.
November 2023 Forbes reported that ByteDance's internal workplace tool Feishu was accessed by the CAC and other Chinese government authorities in the run-up to the 20th National Congress of the Chinese Communist Party.
November 2023 Reuters reported that ByteDance was restructuring Nuverse and retreating from gaming.
October 19 2023 TikTok Music premiered in Mexico, Singapore, and Australia.
July 2023 ByteDance reports having spent over $17.7 million on lobbying since its first report in 2019.
July 2023 TikTok Music (formerly Resso) launched in Indonesia and Brazil.
March 2023 The United States Department of Justice and the Federal Bureau of Investigation opened an investigation after ByteDance employees tracked journalists to find internal leaks. In response, ByteDance fired four employees.
March 2023 CapCut becomes the second-most downloaded app in the United States, surpassing TikTok's download numbers in the same month, according to The Wall Street Journal.
2022 Turkey's Financial Crimes Investigation Board (MASAK) launched an investigative probe into ByteDance, focusing on suspicious fund transfers through TikTok accounts potentially linked to money laundering or terrorism financing.
December 2022 Taiwan's Mainland Affairs Council announced an official investigation into ByteDance, suspecting the company of operating an illegal subsidiary in the country.
November 2022 During the 2022 COVID-19 protests in China, the CAC directed ByteDance to intensify its censorship of the protests.
November 2022 The registered company changed its name from 'Tiktoktaiwan Co Ltd' to 'ByteDance Taiwan'.
October 2022 Nuverse launched Marvel Snap worldwide after closed alpha testing in the Philippines.
July 2022 Party Island social media app opened for public testing, allowing users to create avatars, join virtual events, and chat.
June 2022 ByteDance partnered with Shanghai United Media Group to launch a plan for developing domestic and foreign influencers.
April 2022 ByteDance announced it would report users' content on Toutiao and Douyin that engaged in 'historical nihilism' contradicting official CCP history.
March 2022 ByteDance reportedly registered 'Tiktoktaiwan Co Ltd' in Taiwan, which later raised governmental scrutiny.
2021 Shou Zi Chew, former CFO of Xiaomi, became the new CEO of TikTok.
2021 Moonton became a subsidiary of Nuverse after winning a bid initially set by Tencent.
2021 ByteDance announced the disbandment of its partnership with Shanghai Dongfang, stating that the joint venture had never been in operation.
2021 Nuverse launched its first game outside mainland China, Warhammer 40,000: Lost Crusade.
2021 The state-owned China Internet Investment Fund purchased a 1% stake in ByteDance's main Chinese subsidiary, Beijing ByteDance Technology, and seated Wu Shugang, a government official with a background in government propaganda, as a board member.
2021 ByteDance founded Volcano Engine as its cloud computing unit.
2021 Zhang Yiming stepped down as CEO, and co-founder Liang Rubo took over the role.
August 2021 ByteDance acquired Pico, a virtual reality startup similar to Oculus.
August 2021 ByteDance announced the closure of Gogokid app business and planned layoffs of most staff following new regulations on after-school tutoring in China.
May 2021 The CAC stated that ByteDance had engaged in illegal data collection and misuse of personal information.
April 2021 ByteDance was among 13 online platforms ordered by the People's Bank of China to conduct comprehensive self-examination and rectification to adhere to data and financial regulations.
April 2021 ByteDance announced the creation of BytePlus, a new division to distribute the software framework underlying TikTok.
March 2021 The Indian government froze ByteDance's bank accounts in the country, alleging tax evasion, which ByteDance contested.
March 2021 The State Administration for Market Regulation fined a ByteDance subsidiary for antitrust violations.
January 2021 Chinese regulators fined ByteDance for spreading 'vulgar information'.
January 2021 The Indian government made the ban on TikTok and other Chinese apps permanent.

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