Internship
Confirmed live in the last 24 hours
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 differentiates itself from competitors like Facebook and Google through its focus on algorithm-driven content delivery. The goal is to connect users with relevant content and foster a global community.
Company Size
10,001+
Company Stage
Private
Total Funding
$5.6B
Headquarters
Beijing, China
Founded
2012
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Hybrid Work Options
Apple has reportedly decided to keep TikTok in its App Store for at least 75 more days. This decision came after the tech giant got a letter from Attorney General Pam Bondi telling the company it should adhere to President Donald Trump’s executive order that will extend the pause on a U.S. TikTok ban, Bloomberg News reported Sunday (April 6), citing sources familiar with the matter. The letter apparently arrived Saturday (April 5), the same day the White House had set as a deadline for TikTok owner ByteDance to sell the video sharing app. PYMNTS has contacted Apple for comment but has not yet gotten a reply
TikTok owner ByteDance will be fined more than 500 million euros over privacy violations for illegally shipping the data of European users to China, adding to a growing global backlash against the video-sharing app.
ByteDance hit with USD 58 billion lawsuit over acquisition conspiracy.
ByteDance unveils DreamActor-M1 project, challenging Runway Act-One's AI character animation technology.
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