Chinese parent company ByteDance is heavily involved in U.S. TikTok operations

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CNBC Television published this video item, entitled “Chinese parent company ByteDance is heavily involved in U.S. TikTok operations” – below is their description.

CNBC.com’s Sal Rodriguez reports on ByteDance’s involvement with U.S operations of Tiktok, including accessing U.S. users’ information. He also discusses Black creators boycotting the platform over content exploitation.

CNBC Television YouTube Channel

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CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

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  • In This Story: TikTok

    TikTok, known in China as Douyin, is a Chinese video-sharing social networking service owned by ByteDance, a Beijing-based Internet technology company founded in 2012 by Zhang Yiming. It is used to create short music, lip-sync, dance, comedy and talent videos of 3 to 15 seconds, and short looping videos of 3 to 60 seconds.

    ByteDance first launched Douyin for the Chinese market in September 2016. Later, TikTok was launched in 2017 for iOS and Android in most markets outside of mainland China; however, it only became available worldwide, including the United States, after merging with another Chinese social media service Musical.ly on 2 August 2018.

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