Internship
Posted on 3/28/2025
Operates global content platforms and apps
No salary listed
Company Does Not Provide H1B Sponsorship
San Jose, CA, USA
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ByteDance operates various content platforms, including Toutiao for news aggregation and TikTok for short video sharing, catering to a global audience. The company uses user-generated content and advanced algorithms to personalize user experiences, which keeps users engaged. ByteDance primarily generates revenue through advertising and in-app purchases, allowing brands to target specific audiences effectively. Its focus on algorithm-driven content delivery distinguishes it from competitors like Facebook and Google, with the goal of providing diverse and engaging content across cultures.
Company Size
10,001+
Company Stage
Private
Total Funding
$5.6B
Headquarters
Beijing, China
Founded
2012
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Hybrid Work Options
President Donald Trump says TikTok will have a new owner by the end of the week.The social media platform’s China-based owner ByteDance has until April 5 to find a buyer for TikTok, and Trump said Sunday (March 30) that a deal will be reached before then.“We have a lot of potential buyers,” said the president, whose comments aboard Air Force One were reported by Reuters.“There’s tremendous interest in Tiktok,” said Trump, adding, “I’d like to see Tiktok remain alive.”Questions about TikTok’s future stem from a 2024 law that required ByteDance to find a new owner or see the popular platform banned in the U.S. Lawmakers have argued that the company’s ties to China made it a national security threat.Initially, ByteDance had until Jan. 19 to find a new buyer. When that date came and went with no deal, Trump extended the deadline to the end of this week, and has indicated he could grant a further extension.According to Reuters, Trump said last week that China will play a part in working out a deal, such as giving its approval, and said that “maybe I’ll give them a little reduction in tariffs or something to get it done.”Among the possible bidders is a consortium of investors led by Susquehanna International Group and General Atlantic that have emerged as frontrunners, per an earlier Reuters report. That same report said private equity firm Blackstone is considering making a small minority investment in TikTok’s U.S. business.Among the other potential bidders for TikTok is artificial intelligence (AI) search engine company Perplexity, which recently made its case for why it should become the site’s new owner, after weeks of reports that the firm was interested in merging with TikTok.“Perplexity is singularly positioned to rebuild the TikTok algorithm without creating a monopoly, combining world-class technical capabilities with Little Tech independence,” the company wrote on its blog.PYMNTS has written extensively on the importance TikTok plays in the social media space, with the platform’s creators, advisers and sellers influencing both culture and commerce.Research by PYMNTS Intelligence shows the reach of that influence: 79% of millennials and Gen Z consumers turn to social media for financial advice, while Gen Z shoppers are 117% more likely to buy from influencers.“When you rarely leave the house, whoever’s showing up on your phone will have a lot of sway,” PYMNTS wrote earlier this year
China-based IT giant ByteDance has appointed Brett Hartley-Wilson head of growth at its auto marketplace.
TikTok’s owner ByteDance has less than two weeks to sell the social media platform. Now, artificial intelligence (AI) search engine firm Perplexity is making the case for why it should become the popular video-sharing service’s new owner, following weeks of reports that the company was interested in merging with TikTok. “Perplexity is singularly positioned to rebuild the TikTok algorithm without creating a monopoly, combining world-class technical capabilities with Little Tech independence,” the company wrote on its blog Friday (March 21)
One of the deals being considered to keep TikTok operating in the U.S. reportedly involves Oracle taking a small stake in the company and working with U.S. buyers to ensure that no user data would be accessible to the Chinese government. That is one of the proposals being considered as the April 5 deadline for a deal approaches, Bloomberg reported Tuesday (March 18). The proposal would leave TikTok’s algorithms in Chinese hands while ensuring that a new U.S. version of the app would not have a back door that could be exploited by the Chinese government, according to the report
In a significant leap forward for the AI industry, ByteDance has introduced the DAPO system, a groundbreaking open-source framework designed to enhance reasoning capabilities in large language models (LLMs).