ByteDance

Some of the key events about ByteDance

• 2012

  Launched Toutiao, an AI-powered news aggregation app in China
• 2016

  Released Douyin, a short-form video platform, in China
• 2017

  Acquired Musical.ly, a popular lip-syncing app, for $1 billion
• 2018

  Launched TikTok, the international version of Douyin
• 2018

  Faced criticism for censoring content related to Tibetan independence and Tiananmen Square protests on TikTok
• 2019

  Introduced TikTok For Good, a program to support social causes and non-profit organizations
• 2019

  Fined $5.7 million by the US Federal Trade Commission for illegally collecting personal information from children
• 2020

  Created a $250 million fund to support frontline medical workers during the COVID-19 pandemic
• 2020

  Launched TikTok for Business, providing marketing solutions for brands
• 2020

  Accused of censoring content critical of the Chinese government on TikTok
• 2020

  Banned in India along with other Chinese apps due to national security concerns
• 2020

  Ordered by the Trump administration to divest TikTok's US operations over data privacy concerns
• 2021

  Introduced new privacy features for teenage users on TikTok
• 2021

  Fined €750,000 by Dutch data protection authorities for violating children's privacy
• 2021

  Sued for billions of dollars in the UK and EU over allegations of illegally collecting children's data
• 2022

  Expanded its e-commerce capabilities with TikTok Shop in select markets
• 2022

  Admitted that employees in China accessed data of US TikTok users
• 2022

  Faced scrutiny over potential national security risks posed by TikTok in multiple countries
• 2023

  Invested $1.5 billion in a new AI research center in Singapore
• 2023

  Fined €345 million by Ireland's data protection regulator for violating children's privacy on TikTok

Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.