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 ...

Musical.ly, which is based in Shanghai, is being acquired by Bytedance, an artificial intelligence-focused Chinese technology company. In the foreground, the mascot for Live.ly, a live-streaming app.

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 ...

Musical.ly Owner Merges App With TikTok. Bytedance, which purchased Musical.ly for about $800 million in 2017, has merged the music-centric app with another product, TikTok.

China's Beijing Bytedance Technology Co announced late Wednesday that it is shuttering the popular Musical.ly video app it acquired for nearly $1 billion in December and will move users to a ...

TikTok is a creative home to some 170 million Americans but is facing a potential U.S. ban. Here's who owns TikTok and parent company ByteDance.

Louis Yang, a co-founder of Musical.ly -- the app acquired by ByteDance in 2017 and merged with TikTok -- quit his job at the Beijing-based firm last week, according to a person familiar with the ...

ByteDance was founded by Zhang Yiming, a former Microsoft employee, ... It also bought popular lip syncing app musical.ly, and moved those users onto TikTok in 2018.

In August 2018, Musical.ly became TikTok overnight. ... ByteDance has a very different point of view, which is that what you care about has nothing to do with what your friends care about.

ByteDance – the Chinese parent company of social media app TikTok – is the world’s most valuable startup. Even at a valuation of $220 billion, down from a peak of $500 billion in the ...

Donald Trump hints at extending ByteDance's TikTok sale deadline, after twice delaying a ban initially set under the 2023 law ...

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 ...