You may not have heard of ByteDance, but you probably know its red-hot video app TikTok, which gobbled up Musical.ly in August. The Beijing-based company also runs a popular news aggregator called Jinri Toutiao, which means “today’s headlines” in Chinese, and the app just assigned a new CEO. At a company event on Saturday, Chen Lin, an […]
View More China’s hottest news app Jinri Toutiao announces new CEOCategory: tiktok
The forgotten ‘Facebook of China’ is sold for $20M
Renren, which was once heralded as the ‘Facebook of China’ and later became China’s answer to MySpace after falling out of fashion among its core young users, is selling its social networking business. Renren’s parent company Beijing Qianxiang Wangjing has agreed to sell all tangible and intangible assets of renren.com to Beijing Infinities Interactive Media, […]
View More The forgotten ‘Facebook of China’ is sold for $20MFacebook Lasso app lead Brady Voss leaves for Netflix right after launch
Facebook Lasso has a steep uphill climb ahead as it hopes to chase the musical video app it cloned, China’s TikTok (which merged with Musically). Lasso lets you overlay popular songs on 15-second clips of you lip syncing, dancing, or just being silly — kind of like Vine with a soundtrack. It’s off to a […]
View More Facebook Lasso app lead Brady Voss leaves for Netflix right after launchFacebook just dropped a teen-focused ‘viral clips’ app called Lasso
When all else fails, it’s time to wholeheartedly embrace the mid-’90s roller-rink carpet aesthetic.
Facebook, seeing a steady decline in usage among teens, appears to have done just that with the release of a new “viral clips” app by the name of Lass…
Facebook launches Lasso, its music and video TikTok clone
Done cloning Snapchat, Facebook is now chasing Chinese short-form video sensation TikTok with the launch of its knock-off Lasso. Available now for iOS and Android, Lasso is Facebook’s answer to the zany mobile lipsyncing playground that’s gained ground with young users, both in China and in the West. The release confirms TechCrunch’s scoop from last month […]
View More Facebook launches Lasso, its music and video TikTok cloneTikTok surpassed Facebook, Instagram, Snapchat & YouTube in downloads last month
Beijing-based ByteDance’s 2017 acquisition of tween and teen-focused social app Musical.ly is paying off. The company this year merged Musical.ly with its own short video app TikTok as a means of entering the U.S. market. Today, the result of that merger is sitting at the top of the U.S. App Store, ahead of Facebook. More […]
View More TikTok surpassed Facebook, Instagram, Snapchat & YouTube in downloads last monthChina’s ByteDance leapfrogs Uber to becomes world’s most valuable startup
Move aside Uber, China’s ByteDance is now the world’s highest-valued tech startup. That’s according to reports from Forbes and Bloomberg both of which claim that the company has completed a $3 billion investment that values the company at $75 billion. A source with knowledge of the deal confirmed the round to TechCrunch and suggested that […]
View More China’s ByteDance leapfrogs Uber to becomes world’s most valuable startupFacebook is working on a music app to rival TikTok: report
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Facebook wants those teens back, and music might be the answer.
The social media giant is creating a standalone video music app that is set to rival TikTok (a.k.a. Musical.ly), according to a report by TechCrunch.
Facebook, usually not averse to looking to others for inspiration, has apparently codenamed the project “Lasso.” The app is set to be full-screen and directed at teens, much like TikTok is already, according to a source who spoke to the outlet.
“A lot of what they’re doing is just trying to be cool and trying to be something that Facebook isn’t,” the source said. Read more…
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View More Facebook is working on a music app to rival TikTok: reportFacebook is building Lasso, a video music app to steal TikTok’s teens
Facebook is working on a new app that it hopes could win back the attention of teens while capitalizing on its recently-attained major label music licenses. Facebook is building a standalone product where users can record and share videos of themselves lip syncing or dancing to popular songs, according to information from current and former […]
View More Facebook is building Lasso, a video music app to steal TikTok’s teensTikTok adds video reactions to its newly-merged app
Just about a month after the merger of the short-form video apps Musical.ly and TikTok, the app is introducing a new social feature, allowing users to post their reactions to the videos that they watch. Instead of text comments, these reactions will take the form of videos that are essentially superimposed on top of existing […]
View More TikTok adds video reactions to its newly-merged appFast-growing Chinese media startup ByteDance is raising $2.5B-$3B more
Fast-growing Chinese media startup ByteDance is looking to raise as much as $3 billion to continue growth for its empire of mobile-based entertainment apps, which include news aggregator Toutiao and video platform Tiktok. The Beijing-based startup is in early-stage talks with investors to raise $2.5 billion to $3 billion, according to a source with knowledge […]
View More Fast-growing Chinese media startup ByteDance is raising $2.5B-$3B moreShort video service Musical.ly is merging into sister app TikTok
Musical.ly, the short video app that’s popular among teens and young people, is going away. Kinda of. The app and all user data and accounts is being merged with Toktok, a sister app that’s owned by ByteDance, the Chinese company that acquired Musical.ly for around $1 billion last year. The switch-over happens today (Thursday) and it […]
View More Short video service Musical.ly is merging into sister app TikTok