ByteDance

ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing and incorporated in the Cayman Islands.

Some of the key events about ByteDance

2012
Launched Toutiao, an AI-powered news aggregation app in China
2016
Released Douyin, a short-form video platform, in China
2017
Acquired Musical.ly, a popular lip-syncing app, for $1 billion
2018
Launched TikTok, the international version of Douyin
2018
Faced criticism for censoring content related to Tibetan independence and Tiananmen Square protests on TikTok
2019
Introduced TikTok For Good, a program to support social causes and non-profit organizations
2019
Fined $5.7 million by the US Federal Trade Commission for illegally collecting personal information from children
2020
Created a $250 million fund to support frontline medical workers during the COVID-19 pandemic
2020
Launched TikTok for Business, providing marketing solutions for brands
2020
Accused of censoring content critical of the Chinese government on TikTok
2020
Banned in India along with other Chinese apps due to national security concerns
2020
Ordered by the Trump administration to divest TikTok's US operations over data privacy concerns
2021
Introduced new privacy features for teenage users on TikTok
2021
Fined €750,000 by Dutch data protection authorities for violating children's privacy
2021
Sued for billions of dollars in the UK and EU over allegations of illegally collecting children's data
2022
Expanded its e-commerce capabilities with TikTok Shop in select markets
2022
Admitted that employees in China accessed data of US TikTok users
2022
Faced scrutiny over potential national security risks posed by TikTok in multiple countries
2023
Invested $1.5 billion in a new AI research center in Singapore
2023
Fined €345 million by Ireland's data protection regulator for violating children's privacy on TikTok

Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.

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