‘We Just Have to Keep Winning’: A Sonos Executive With a Colorful History Goes to War Against GoogleRead Now

ByteDance CEO Zhang Yiming. Photo by Bloomberg

ByteDance Goes From Strength to Strength: The Information’s Tech Briefing

Photo: ByteDance CEO Zhang Yiming. Photo by Bloomberg

For sheer corporate drama, few episodes in recent U.S. business history can match last summer’s Trump-TikTok saga, with elements of geopolitical intrigue spliced with Trump’s unique governing style. And as is clear now, it all culminated in…absolutely nothing. The Biden administration isn’t pursuing the ban. Meanwhile, ByteDance and TikTok have gone from strength to strength, as if last year was just a bad dream. (For TikTok’s short-lived CEO Kevin Mayer, who quit at the height of the drama, it was a career disaster, but that’s another story).

How strongly ByteDance is now positioned was demonstrated by two reports today, including this one in The Information, about ByteDance’s strength in China. There, Tencent’s WeChat social media goliath is struggling to make inroads in the video arena against the might of ByteDance’s local version of TikTok, Douyin. Meanwhile, Reuters today reported that TikTok’s advertising business has surged since the election, when it became clear TikTok was likely to survive the Trump administration. These two follow our story in late January that ByteDance’s revenue had more than doubled in 2020.

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‘We Just Have to Keep Winning’: A Sonos Executive With a Colorful History Goes to War Against Google
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A few months into his job as chief legal officer of Sonos, Eddie Lazarus was ready to wage war. When Lazarus joined the audio hardware company in late 2018, it was facing growing competition from tech giants like Amazon and Google. Both companies were selling cheap speakers capable of multiroom audio playback, a feature Sonos had pioneered on its devices more than a decade earlier. Sonos...
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Art by Clark Miller.
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