Tag: #ByteDance

ByteDance issues bonuses to motivate staff amid US pressure

Left Review Online September 15, 2020

ByteDance issues bonuses to motivate staff amid US pressure

ByteDance, the Chinese high-tech start-up that owns TikTok, handed out a rare half-month bonus for its employees on Tuesday, to motivate its workforce amid pressure from the crackdown by the Trump administration in the US. According to an internal memo seen by the Global Times on Tuesday, the...More

EU likely next battleground for ByteDance

GT Staff Reporters August 18, 2020

EU likely next battleground for ByteDance

As more signs emerge that TikTok, the video-sharing app developed by ByteDance, will pick Europe as the next battleground for its global expansion following frustration in the US and Indian markets, analysts said the software will survive and thrive in the region, despite weakening momentum. Media reports have...More

US’ ‘mafia-style tactic’ on TikTok strips last layer of decency

Wang Cong August 10, 2020

US’ ‘mafia-style tactic’ on TikTok strips last layer of decency

US President Donald Trump's latest move to force China-based ByteDance to sell its video-sharing app TikTok to a US company and pay the US government a share of the transaction has been derided by many in China - experts and ordinary citizens alike - as "naked robbery" using...More

TikTok buyout ‘a ruse’ to take down Facebook’s rival: Insiders

GT staff reporters August 08, 2020

TikTok buyout ‘a ruse’ to take down Facebook’s rival: Insiders

The plan to force TikTok US business to be divested could be a ruse for the US government and tech giants including Facebook to take down the short video platform and allow Facebook to fill the void, industry insiders told the Global Times Tuesday. US President Donald Trump...More