Tiktok-utvecklaren lanserar sökmotor i Kina

ByteDance (Chinese: 字节跳动; pinyin: Zìjié Tiàodòng) or Beijing ByteDance Technology Co Ltd. is a Chinese Internet technology company operating several machine learning-enabled content platforms, headquartered in Beijing. It was founded by Zhang Yiming in 2012. ByteDance's core product, Toutiao ("Headlines"), is a popular content platform in China and worldwide. Toutiao started out as a news recommendation engine and gradually evolved into a platform delivering content in a variety of formats, such as texts, images, question-and-answer posts, microblogs, and videos. Toutiao offers its users personalized information feeds that are powered by machine learning algorithms. A content feed is updated based on what the machine learns about a user’s reading preferences. ByteDance also pioneered the video-sharing mobile app TikTok. After it acquired music start-up musical.ly, the company combined the two platforms into a single application under the TikTok name. It also runs BuzzVideo and Vigo Video. ByteDance had over 800 million daily active users (over 1 billion accumulated users) across all of its content platforms as of November 2018. The company was valued at $78 billion as of November 2018 and is considered one of the most valuable unicorns in the world. In May 2019 ByteDance announced the intention to launch a new app for free music streaming. The launch is planned at the end of the first quarter, the company has started negotiations with well-known music labels.