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HONG KONG: Chinese startup Kuaishou is considering to go public in the US to bankroll its expansion in short videos and fend off competition from TikTok owner ByteDance Inc, according to people familiar with the matter.
The US National Football League (NFL) signed a multi-year partnership with Chinese video app TikTok on Tuesday to stream match highlights and behind-the-scenes footages as part of its strategy to boost online presence amid a rise in cord-cutting.
Earlier this summer, the US Federal Trade Commission began holding private talks with YouTube officials, part of a burgeoning investigation.
Cameras flashed and fans screamed, as Liu Mou stepped into the spotlight on a sweltering summer evening.
ByteDance, the owner of short-video app TikTok, has launched a new search engine in China, entering a sector currently dominated by Baidu Inc.
China’s ByteDance Ltd. launched a search engine that bears a striking resemblance to Google’s clean, uncluttered home page but produces heavily sanitized results in keeping with one of the world’s most rigidly censored internet regimes.
Amazon.com Inc, Facebook Inc and Alphabet Inc’s Google defended their business practices to US lawmakers conducting a broad antitrust inquiry, seeking to underscore their companies face stiff competition in their respective industries.
The two popular Chinese short video platforms plan to increase user growth by expanding into longer formats.
When Google pulled out of the China market in 2010, it left local leader Baidu Inc a de facto monopoly in the lucrative internet search business. Now that franchise is facing its most ominous threat yet.
Chinese social media firm ByteDance Ltd said on July 29 it is developing a smartphone, following a deal it made with device maker Smartisan Technology.