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Dual-class stock gives US social media company controllers nearly as much power as ByteDance has over TikTok
For example, Mark Zuckerberg controls Meta, which owns Facebook, Instagram and WhatsApp ... TikTok's parent company, ByteDance, is privately held, but it's reportedly controlled by a co-founder, ...
Facebook owner Meta faces existential threat at trial over Instagram, WhatsApp
WASHINGTON—Facebook parent Meta Platforms faces a high-stakes trial in Washington starting on Monday on claims it built an ...
TechNode2d
TikTok’s owner ByteDance launches internal beta for Coze Space, an AI agent collaboration platform
TikTok’s parent company ByteDance launched the internal beta of Coze Space, an AI-powered productivity platform enabling the ...
Digital Music News on MSN1d
Instagram Launches Video Editing App ‘Edits’ to Compete with TikTok
Instagram launches its standalone Edits app for editing video, with features to compete with TikTok parent company ByteDance ...
Music Business Worldwide2d
Meta launches Edits, a rival to TikTok parent-owned CapCut, with plans for expanded music options, including ‘royalty-free’
Facebook and Instagram parent Meta launched ‘Edits’ on Tuesday (April 22), a new video-creation app seen as a challenger or ...
BBN Times3d
Meta’s Edits App Launches Globally, Taking Aim at ByteDance’s CapCut in Mobile Video Editing
Meta officially launched Edits, a new mobile video editing app designed to compete directly with ByteDance’s CapCut, ...
The Straits Times13d
How TikTok’s parent, ByteDance, became an AI powerhouse
Every video that ByteDance’s users watch or post gives the company another data point about how people use the internet. For years, ByteDance has applied that wealth of information to make its ...