Do you know ByteDance, the company that owns Tik Tok well enough? #stonktech #tiktok #bytedance

TikTok's CEO came to Capitol Hill for his first Congressional hearing (at the Energy and Commerce Committee, where I serve). It did not go well for TikTok. Here's what everyone needs to know about why TikTok presents serious security risks to the United States: TikTok is owned by ByteDance, a Chinese company that is headquartered in China. Under a 2017 National Intelligence Law implemented by the Chinese Communist Party (CCP), every single organization inside of China must comply with and assist

Bytedance Singapore Open House Event Insights

Bytedance made $85.2 Billion in 2022😱 The guys talk about what generated that much cash for Bytedance is TikTok🔥 Is Bytedance going to crush 2023? From New York Post, “Beijing-based ByteDance’s finances showed that the company’s revenue advanced 38% in 2022, to $85.2 billion — a big increase that was nevertheless well short of the year-earlier jump of nearly 80%, according to The Journal. ByteDance’s cost of sales in 2022 was also up nearly 40% year over year, to $37.7 billion. However, the co