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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