tiktok

WORLD

TikTok founder becomes China’s richest individual

November 4, 2024
founder
richest man
tiktok

Zhang Yiming has emerged as the wealthiest person in China, with a net worth reaching $49.3 billion. Zhang founded ByteDance Group, the Chinese tech giant that owns the globally popular platform TikTok, which has around 200 million users in the United States alone. At 41, Zhang stepped down as ByteDance CEO in 2021 but still […]

TECH

TikTok permanently ends rewards program in the European Union

August 5, 2024
european union
program
tiktok

The Chinese social media platform TikTok has committed to permanently removing its rewards program from the TikTok Lite app in the European Union. Additionally, the company has pledged not to launch any similar programs that could bypass this removal. This decision aligns with the EU’s Digital Services Act (DSA) regulations, as reported by the European […]