The deal is undisclosed but sources tell TechCrunch that Bytedance, the company behind China’s top news aggregator service Toutiao, will pay between $800 million and $1 billion to buy Musical.ly ...

ByteDance executive Louis Yang Luyu, co-founder of lip-synch video app Musical.ly that was absorbed by TikTok in 2018, has quit the world's most valuable unicorn amid a sweeping corporate ...

Last week, I spoke to its host, Shelly Banjo, who explained how a goofy app called Musical.ly was bought by app giant ByteDance and became the defining platform for a generation. Below ...

ByteDance was founded by Zhang Yiming ... It also bought popular lip syncing app musical.ly, and moved those users onto TikTok in 2018. The app’s popularity has since gone global.

Chinese entrepreneurs Alex Zhu and Luyu Yang launched Musical.ly in 2014, according to Vox. It was later acquired by ByteDance, which already owned Douyin, TikTok's Chinese counterpart.

Several of those firms got into ByteDance indirectly through Musical.ly, a lip-syncing app acquired by ByteDance in 2017. Qiming Venture Partners, whose former partner JP Gan made the 2022 Midas ...

What you might not know, however, is that the TikTok we know started out life not as a ByteDance property, nor as "TikTok" itself; rather, the app was originally called Musical.ly, and was ...

July 2015 Musical.ly hits #1 in the Apple App Store, following a design change that made the company's logo visible when users shared their videos. ByteDance acquires Musical.ly for $1 billion.

The Federal Trade Commission (FTC) announced Tuesday that it has referred a complaint against TikTok and parent company ByteDance to the Justice Department over an investigation into alleged ...

Yang’s account on Feishu, the corporate collaboration tool of ByteDance, has been “suspended”, which indicates the user was not working, according to three employees with knowledge of the ...