ByteDance Tag

16 Feb ByteDance founder Zhang asks village to remove stone tablet that calls him a ‘spiritual idol’, according to reports

Posted at 13:00h in Asia

Zhang Yiming, the billionaire founder of TikTok parent ByteDance, has asked a village in his home province to remove a stone tablet that called him a “spiritual idol”, according to local media reports.Images of a stone tablet dedicated to 40-year-old Zhang began to circulate on...

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10 Feb Generative AI could be smart glasses’ killer app and Hong Kong-founded Brilliant Labs is betting big on the trend

Posted at 23:00h in Asia

Singapore-based smart lenses start-up Brilliant Labs has become the latest company to introduce a pair of smart glasses, as a slew of tech companies, including several in China, try to make wearing glasses “cool”.The company’s new Frame smart glasses, announced on Friday, are imbued with...

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01 Feb TikTok owner ByteDance launches its answer to OpenAI’s GPTs, accelerating a generative AI push amid ChatGPT frenzy

Posted at 13:30h in Asia

ByteDance has launched a platform similar to OpenAI’s GPTs, which allows users to customise its ChatGPT artificial intelligence (AI) bot for specific tasks, as the Chinese owner of TikTok accelerates its AI drive.Coze, rolled out on Thursday in China where OpenAI’s services are not officially...

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31 Jan ByteDance CEO berates staff for reacting too slowly to ChatGPT, new tech trends

Posted at 14:30h in Asia

The chief executive of ByteDance, owner of TikTok and its mainland sibling Douyin, berated employees for “not being sensitive enough” to the emergence of new technologies such as ChatGPT.In an internal meeting on Tuesday, CEO Liang Rubo said staff only began discussing ChatGPT in 2023,...

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30 Jan ByteDance CEO wants to whip employees into shape, as they lack a ‘sense of crisis’ amid fierce competition at home and abroad

Posted at 13:43h in Asia

The chief executive of ByteDance, owner of TikTok and its Chinese sibling Douyin, said the company lacks a sense of crisis, which has made the Chinese social media giant slow and inefficient in the face of fierce competition.That introspection was made...

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30 Jan Hong Kong ‘comedy king’ Stephen Chow to launch Douyin mini-drama series amid booming popularity of the format

Posted at 09:00h in Asia

Hong Kong filmmaker Stephen Chow Sing-chi, a popular actor in mainland China known as the king of comedy, has inked a deal with Douyin, the Chinese version of TikTok, to make an exclusive series, as A-list talent and Big Tech join hands to take...

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29 Jan Tencent chairman Pony Ma sets confident tone for internet giant in 2024 amid WeChat’s improved business prospects, sources say

Posted at 13:26h in Asia

The 52-year-old Ma, who kept a low profile during China’s 32-month crackdown on Big Tech firms, delivered that positive message in a speech before Tencent’s annual staff meeting on Monday at a stadium in Shenzhen, the company’s home city in southern Guangdong province.Founded...

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25 Jan Shein backers look to sell shares at 30% discount, valuing it as low as US$45 billion amid dimming IPO prospects

Posted at 07:50h in Asia

Shein investors are trying to sell shares in private market deals that value the online fashion giant at as low as US$45 billion, reflecting dwindling appetite for a company struggling with intensifying competition and regulatory scrutiny ahead of a long-awaited US debut.Shareholders offered stock at...

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23 Jan ByteDance executive leaves to start cross-border e-commerce venture after Shein, Temu success in US

Posted at 10:30h in Asia

A founding member of ByteDance’s flagship Douyin app, the Chinese version of TikTok, has left the tech giant to focus on his own start-up for cross-border e-commerce, as Chinese-backed peers like Shein and Temu gain traction worldwide.The new venture from Ren Lifeng,...

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19 Jan TikTok owner ByteDance allows employees to cash in stock options earlier under new payroll policy

Posted at 10:00h in Asia

ByteDance, owner of global short video hit TikTok and its Chinese sibling Douyin, has adjusted its payroll policy to allow employees to sell their stock options faster, as plans for an initial public offering (IPO) remain in limbo.Under the new rule, applicable to ByteDance’s 110,000...

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