Tag Archives: tiktok

TikTok’s parent company ByteDance plans to spend $5 billion buying back stock from shareholders. This will bring its valuation to $268 billion. As per recent reports, ByteDance, the parent company of TikTok, plans to spend about $5 billion buying back stock from its shareholders. This comes as the company has faced several setbacks in its journey to becoming publicly listed, including the economy back in China and regulatory issues in the United States. ByteDance Buying Back Stock Reports...

Starting this week, TikTok plans to begin testing the “AI-generated” labels, which will automatically mark content identified as having been edited or created using AI. In response to the increasing use of artificial intelligence (AI) in content creation, TikTok has unveiled a new feature to enhance users’ transparency on the platform. On September 19, the social media giant announced its plans to introduce new tools and technologies that allow content creators to label AI-generated...

To encourage collaboration, TikTok Shop has introduced an affiliate program, allowing sellers to partner with creators on a commission basis to promote their products. TikTok has launched its long-anticipated e-commerce platform, TikTok Shop, in the United States, marking a significant milestone in the evolution of online shopping. With a user base of over 150 million in the country, the move aims to revolutionize how Americans shop online. The popular social media platform launched the...

CoinspeakerTikTok Is Working to Secure Payment License in Indonesia Securing this license would mean that TikTok would be directly competing with big e-commerce companies like Shopee and Lazada in Southeast Asia. TikTok Is Working to Secure Payment License in Indonesia

TikTok ist ein Videoportal für die Lippensynchronisation von Musikvideos und anderen kurzen Videoclips, das zusätzlich Funktionen eines sozialen Netzwerks anbietet und vom chinesischen Unternehmen ByteDance betrieben wird. In der Volksrepublik China läuft es unter dem Namen Douyin. China ist bekannt für seine dynamische und florierende Social-Media-Landschaft, die eine breite Palette von Plattformen bietet, um Millionen von Nutzern zu erreichen....

The new shopping feature introduced by TikTok is limited to UK users for now. TikTok, the popular video-sharing social media platform, is taking a big step into the world of e-commerce with its latest shopping venture. The company has recently introduced a new in-app feature called “Trendy Beat”, which serves as a gateway to a world of trending and popular items. TikTok Unlocking a New E-Commerce Experience The new shopping feature allows users to explore and purchase a wide selection of...

The recent lawsuit against Twitter for alleged copyright infringement involving music publishers has shed light on the platform’s struggles with music licensing. Social media giant Twitter Inc is no stranger to controversy, but this time it finds itself in hot water as music publishers have filed a lawsuit against the company, seeking a staggering $250 million in damages. The National Music Publishers’ Association (NMPA) is suing Twitter on behalf of 17 music publishers who represent some...

Klarna seeks to leverage the power of AI for offering curated shopping experiences to customers while also introducing TikTok features and new tools for advertisers. The artificial intelligence (AI) revolution is taking over and has only accelerated over the past few months. As a result, companies are making quick pivots to hop on the trend and adopt the prowess of this new tech revolution. Recently, fintech firm Klarna announced a massive redesign of its app while adding an AI-powered...

Lemon8 growth in the US could also get the attention of US regulators, especially due to its relationship with ByteDance. Chinese tech giant and TikTok developer ByteDance is pushing another social media app, Lemon8, into the US market as TikTok faces a possible ban. The popular short video app is under pressure in the US due to concerns over the handling of users’ data. Already, more than 24 states in the country have banned TikTok on government-issued devices. US lawmakers have referred...

ByteDance spectacular performance comes despite uncertain macro conditions and a major fall for tech companies in 2022. Last year in 2022, TikTok parent ByteDance reported a strong 30% surge in its revenue crossing $80 billion in sales and matching other tech giants like Tencent. ByteDance’s twin video platforms TikTok and Douyin witnessed a massive boom and user activity while pulling a large number of advertisers onto the platform. ByteDance Sales and Other Performance Parameters In a...