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 TikTokCategory: Toutiao
Short 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 TikTokThere’s more: Google is also said to be developing a censored news app for China
Can Google’s week get any worse? Less than a day after the revelation that it is planning a censored search engine for China, so comes another: the U.S. firm is said to be developing a government-friendly news app for the country, where its search engine and other services remain blocked. That’s according to The Information which reports […]
View More There’s more: Google is also said to be developing a censored news app for ChinaThere’s more: Google is also said to be developing a censored news app for China
Can Google’s week get any worse? Less than a day after the revelation that it is planning a censored search engine for China, so comes another: the U.S. firm is said to be developing a government-friendly news app for the country, where its search engine and other services remain blocked. That’s according to The Information which reports […]
View More There’s more: Google is also said to be developing a censored news app for ChinaTencent leads $50M investment in NewsDog, an app vying to be India’s Toutiao
The growth of China’s Bytedance, an ambitious $30 billion tech firm, and its highly-addictive Toutiao news aggregator app has set off a search for services with similar growth potential across the world. India, second in population only to China with rapidly-growing internet access, is an obvious place to look, and would-be pretender to the Toutiao […]
View More Tencent leads $50M investment in NewsDog, an app vying to be India’s ToutiaoAs Chinese censorship intensifies, gays are back while teenage mothers and tattoos are out
Following the passage of a new cybersecurity law and the removal of term limits from Chinese president Xi Jinping, China’s government is conducting a comprehensive crackdown on online discussions and content, with few companies spared the rod by the central government. Among the casualties has been Bytedance, the extremely high-flying $20 billion media unicorn startup […]
View More As Chinese censorship intensifies, gays are back while teenage mothers and tattoos are outFast-growing Chinese media startup ByteDance enters 2018 with some uncertainty
One of the fastest rising Chinese startups of last year had a bumpy ride into 2018 after falling foul of China’s internet censors for the first. ByteDance, the new media firm behind news app Toutiao and the owner of Musical.ly courtesy of a $1 billion deal, had a standout 2018. Its valuation jumped to more than $20 billion, it picked a number of international services —… Read More
Ambitious new media firm ByteDance is no longer a secret outside of China
ByteDance is a name that is about to become very familiar to everyone in international tech circles. Really it should already be. It is valued at $20 billion and its flagship Toutiao news reader app is one of China’s fastest growing internet services with 120 million daily users. It is in the process of raising a $2 billion funding round and revenue for this year is reportedly forecast… Read More
China’s Toutiao is buying Musical.ly in a deal worth $800M-$1B
Musical.ly, the lip-syncing app popular with teens and young people, has been sold to Chinese social media giant Toutiao, according to an announcement made today. The deal is undisclosed but sources tell TechCrunch that Bytedance, the company behind China’s top news aggregator service Toutiao, will pay between $800 million and $1 billion to buy Musical.ly, which claims 60 million users… Read More