ByteDance, the richly-valued Chinese tech startup behind video-sharing app TikTok, reportedly expects revenue to more than double in 2019 from the year prior, a dramatic increase that tracks with the rapid growth of TikTok around the world. Reuters reports that ByteDance’s internal revenue target for 2019 has been raised from 100 billion to 120 billion Chinese yuan, or roughly $16.8 billion at...
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An NBA Battle Could Fuel SF-Miami Feud
It has been a rough week for national news, so please excuse us for a little diversionary counterprogramming on this Friday before the long Memorial Day weekend. Several of tech’s most important cities have a great showdown looming! On Thursday, San Francisco’s Golden State Warriors clinched their first NBA finals berth in three years after defeating the Dallas Mavericks to win the Western...
SEC Confirms Scruitiny Elon Musk’s Initial Disclosure of Twitter Stake
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Chinese E-commerce App Pinduoduo Reports Better-Than-Expected Results
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