5/5/2023 0 Comments Tictoc songs![]() ![]() building is seen in Culver City, Calif., on March 17, 2023. That same year, ByteDance secured a $3 billion funding round that valued the company at a whopping $75 billion.įILE - The TikTok Inc. Douyin remained a separate app with similar underpinnings. It merged the two apps in 2018, bringing all Musical.ly users over to TikTok and kickstarting what would become one of the world’s most popular social media platforms. Seeing how popular Musical.ly was, ByteDance vacuumed up the company for $1 billion in 2017. Sound familiar?Ĭhina-based ByteDance, meanwhile, started up its own similar app Douyin, which it later launched outside of China as TikTok. among tweens and teens who would use it to share videos of themselves lip syncing to songs. ![]() In 2014, Chinese entrepreneurs Alex Zhu and Luyu Yang launched an app called Musical.ly that became especially popular in the U.S. TikTok wasn’t always TikTok, at least not exactly. ![]() There’s, of course, a larger debate about what this means for Americans’ First Amendment rights, data privacy, and competitors like Meta ( META) and Snap ( SNAP).īut let’s talk about how we got here first. On Thursday, CEO Shou Zi Chew will appear before the House Energy and Commerce Committee, where he's expected to face sharp questions and calls by representatives to kill the app. TikTok is on the verge of being banned in the U.S., meaning there’s a chance your days of endlessly swiping through videos are numbered. ![]()
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