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ByteDance was founded in 2012 by a team led by Yiming Zhang and Rubo Liang, who saw opportunities in the then-nascent mobile internet market, and aspired to build platforms that could enrich people's lives. The company launched Toutiao, one of its flagship products, in August 2012. It followed that success with the launch of Douyin in September ...

Two former Black TikTok employees have accused Chinese parent company ByteDance of terminating them because they complained of racial discrimination.

September 21, 2023 at 11:20 a.m. EDT A TikTok logo at the company's headquarters in Singapore on Sept. 7. (Roslan Rahman/AFP/Getty Images) Two Black ex-employees are accusing TikTok owner...

IBD The Billionaire Keeping TikTok on Phones in the U.S. Financier Jeff Yass made a big bet on the app, and he’s a top donor to lawmakers who support it Jeff Yass owns a big stake in TikTok parent...

The final word: Both ByteDance and the US government are seeking middle ground, albeit in a landscape rife with anxiety about foreign surveillance and data privacy. Ironically, the proposed conditions, while ensuring US oversight, risk the very essence of TikTok's operations and could inadvertently mirror the surveillance concerns initially ...

PROFILE Zhang Yiming Founder, ByteDance $39.1B Real Time Net Worth as of 9/18/23 #27 in the world today Photo by Imaginechina/Newscom About Zhang Yiming Zhang Yiming is the main founder of...