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? To finally be executed, the bill will have to be approved by The Senate and afterward, the President, but everything seems imminent) Microsoft and Oracle already started looking into (acquiring)…
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…
