ByteDance is in the sight of United States and since 12 years ago she became an important technological designer in the world and was the creator of TikTokthe red social network based in Pekín, Chinawhich today is one of the most valuable companies in the world that including SpaceX or OpenAI, under the signature of market intelligence CP Insights.
But in the United States, the popular red social network at the global level runs the risk of asking forbids anyone who encounters a bell negative in Washington. The Chamber of Representatives approved this wonderful project that could be prohibit there application In the US there are no short relationships with your mother’s house, according to information from AFP.
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How big is ByteDance?
ByteDance is valued in one 225 million million de dólares. Tiktok, application launched in 2017 by ByteDance as international version Douyin -which currently counts with hundreds of thousands of users-, he looked out for the world and loved more than a thousand users in four years.
Thanks to the enormous growth of these reds, ByteDance has also ventured into the electronic commerce and travel reservations, and confirms to keep more 150 million employees in about 120 cities all over the world. In 2023, ByteDance’s fortunes surpassed 110 million dollars, Bloomberg reported in December, a higher figure than tech giant Tencent’s estimated revenue this year. ByteDance was reported by AFP, but did not report the news.
Does ByteDance belong to this person?
TikTok indicated that it seeks 60% of ByteDance belongs to institutional investors, including US giant BlackRock. ByteDance funders hold 20 percent and the rest belongs to employees, following the red social network. The Chinese company, constituted in the Islas Caiman, also included in General Atlantic among its inverters. Three of the five members of this month are now common, following TikTok.
A Chinese state entity posted 1 percent of Douyin, says the ByteDance web page. TikTok ensures that it is a requirement in China and that it does not affect the international operations of the home. The website of technological news The Information reportó in 2021 that the participation of 1 percent includes a post in the council.
In March last year, during an audience of the European Congress, the executive director of TikTok, Shou Zi Chew, she replied “I think so” when asked if a bent-over official was at the ByteDance board. However, you will ensure that Tiktok will not be “manipulated by any government”.
Why does ByteDance care about United States?
Most of the state legislators are not so sure that TikTok is independent of Beijing, especially since its headquarters are not in China. The project of which I have started this miracle in the Chamber of Representatives needs to be seen on TikTok to be released from ByteDance.
Those who support this legislative initiative affirm that ByteDance allows Pekin atone y manipulate to one 170 million users in the United States. United States intelligence and security agencies – as the director of the FBI this week – shared these concerns.
TikTok is prohibited on business telephones of government employees in United States and other countries, such as Australia and Canada, for security reasons.
“Although the United States has never encountered any problems that TikTok threatens national security, they have not stopped to repress it,” said the spokesperson of the Ministry of External Affairs, Wang Wenbin, condemning it as “intimidating behavior”.
With information from AFP.
