ByteDance, which owns short-form video app TikTok, said on Tuesday it had no imm...
FILE PHOTO: A man holding a phone walks past a sign of Chinese company ByteDance's app TikTok, known locally as Douyin, at the International Artificial Products Expo in Hangzhou, Zhejiang province, China October 18, 2019.REUTERS/Stringer
Four sources familiar with the company told Reuters that Bytedance’s plans to list publicly were not imminent. That makes it one of the world’s most valuable unicorns - private firms worth $1 billion or more. Speculation that it has been considering an IPO has been rife since last year. Facebook CEO Mark Zuckerberg, whose product competes with TikTok particularly for younger users, also attacked the app over censorship concerns.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TikTok owner ByteDance eyes IPO in Hong Kong: FTByteDance, which owns short-form video app TikTok, is eyeing an initial public o...
Read more »
People Are Logging Back Onto Webkinz Thanks to TikTokSomeone please check on my webkinz while you're there... tell them I'm sorry.
Read more »
Why This $10 Shampoo Is Going Viral on TikTokHint: There's a challenge involved, of course.
Read more »
AMAs Partner With TikTok, Are First Awards Show to Announce Nominees Via App: WatchThe 2019 American Music Awards became the first awards show to announce nominees on TikTok on Thursday morning (Oct. 24).
Read more »
TikTok could threaten national security, US lawmakers sayUS lawmakers say that the video app TikTok could pose a national security risk, and are calling on regulators and intelligence agencies to investigate TikTok's ties to China.
Read more »
Is TikTok a national security risk?Two senators are asking the acting Director of National Intelligence to assess the video app TikTok, saying the Chinese-owned company could pose a national security risk. NBC’s Jacob Ward joins Stephanie Ruhle to explain.
Read more »