Video editing app Captions is looking to cash in on uncertainty around TikTok and ByteDance’s video editing app CapCut’s future in the U.S. by turning to a freemium model. The app, backed by Kleiner Perkins, Sequoia Capital, and Andreessen Horowitz, has been a paid-only app until now. However, the company is changing its course to […]
Video editing app Captions switches to a freemium model to boost growth Read More »
TikTok parent company ByteDance has big plans to buy Nvidia chips in 2025 — despite U.S. restrictions. ByteDance plans to spend $7 billion on the chips in 2025, according to reporting from The Information, citing inside sources. If ByteDance follows through, it will become one of the world’s top owners of Nvidia chips, despite U.S. efforts
ByteDance appears to be skirting US restrictions to buy Nvidia chips: Report Read More »
Attorneys representing President-elect Donald Trump have asked the Supreme Court to pause a law that would force TikTok-owner ByteDance to sell the short-form video app or see it banned from the United States. If the app isn’t sold, the ban is set to take effect in just a few weeks, on January 19. ByteDance is
Trump asks Supreme Court to pause imminent TikTok ban Read More »
TikTok and ByteDance asked the United States Supreme Court to block the law that forces TikTok to be sold off or banned in the United States, according to an emergency filing with America’s top court on Monday. The social media company requested that the Supreme Court consider blocking the sell-or-ban law passed earlier this year
TikTok asks Supreme Court for a lifeline as sell-or-ban deadline approaches Read More »
ByteDance and TikTok filed an emergency motion on Monday asking an appeals court to temporally block the law that would ban TikTok in the U.S. unless the social network divests from Chinese ownership by January 19. The companies are asking for the hold in order to give the Supreme Court a chance to assess the
ByteDance, TikTok ask appeals court to temporarily block sell-or-ban law Read More »
Mitchell Green worked variously in investment banking, as an analyst with Bessemer Venture Partners, and for a hedge fund backed by Tiger Management before striking out on his own in 2011. Going it alone was seemingly the right move. Green now manages money for more than 700 individuals who have committed $5 billion to his
Lead Edge is increasingly steering its 700+ investors away from VC deals Read More »
TikTok is now the go-to social network for more than a billion users, bringing it to the attention of 14 U.S. attorneys general, who recently announced they were suing the company over its negative impact on minors’ mental health, as well as for harvesting their data. A subsequent report indicated that the company’s own research
TikTok will restrict some beauty filters for people under 18 Read More »
TikTok is now the go-to social network for more than a billion users, bringing it to the attention of 14 U.S. attorneys general, who recently announced they were suing the company over its negative impact on minors’ mental health, as well as for harvesting their data. A subsequent report indicated that the company’s own research
TikTok will restrict some beauty filters for under-18s Read More »
ByteDance, the Chinese company that owns TikTok, valued itself at $300 billion in a recent share buyback offer, according to a new report in The Wall Street Journal. That number might sound familiar, as the WSJ previously reported on a ByteDance buyback offer at a $300 billion valuation back in September 2022. But a year
TikTok parent ByteDance reportedly values itself at $300 billion Read More »
Users will be able to directly access Lemon8, ByteDance’s newer social media app, with their TikTok account, the company announced Tuesday. ByteDance says the integration will make photo-sharing more feasible, and give creators the ability to cross-share photo content between the apps. Lemon8 will remain a separate app, but the two platforms will share a
TikTok launches integration with Lemon8, as US ban looms Read More »
