What’s going on? The US House just passed the bill that would force ByteDance to ban or sell Tiktok’s US arm. What does this mean? Why should I care? The bigger picture: We’ll see how China reacts Zooming out: Someone is chuckling Content source: Finimize (2024) Tik Tok Boom. Available at: https://finimize.com/content/tik-tok-boom [Accessed on Mar 16, 2024]
Tag: ByteDance
Ep 117: Tok The Tok
What’s Going On Here? ByteDance – the parent company of TikTok – is not only the most valuable startup but is also wildly profitable. What Does This Mean? ByteDance more than doubled its revenue to $17 billion in 2019, while also recording a profit of $3 billion, beating YouTube’s $15 billion revenue and closing in on Instagram’s $20…
with HT 