ByteDance owns both TikTok and Douyin, and although TikTok has more users around the world, Douyin is the company’s cash cow and a China mainstay.
Category: TikTok (ByteDance)
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Congress Ramps Up the Pressure on TikTok
A legislative maneuver in the House may help an effort to force the divestment of the video platform by its Chinese owner, which would squeeze U.S. investors.
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TikTok Bill Is Bundled With Aid to Ukraine and Israel
A new House measure attempts to force the Senate’s hand on passing legislation to ban TikTok or mandate the app’s sale.
