Until now. In what appears to be a first, a former employee of ByteDance, TikTok’s Beijing-based parent company, has outlined specific claims that the Chinese Communist Party accessed the data TikTok and its parent company ByteDance have come under fire in recent months following reports that ByteDance employees in China regularly accessed sensitive U.S. user data from TikTok, and that Behind TikTok Is a Chinese Tech Giant Fueling the World’s Hottest App. Episode two of Foundering: The TikTok Story goes inside the Beijing parent company. Zhang Yiming, founder of ByteDance, at China's ByteDance has already ordered around 100,000 Nvidia datacenter accelerators in 2023 — more than the entire Chinese market ordered last year. China's interest is buoyed not only by Douyin is China's leading destination for short-form mobile videos. Powered by easy-to-use video creation tools, Douyin quickly became a highly popular app across the country. It empowers everyone to capture and present the world's creativity, knowledge, and moments that matter in everyday life, presenting a wide and diverse range of content on China's ByteDance is planning a U.S. initial public offering of TikTok Global, the new company that will operate the popular short video app, should its proposed deal be cleared by the U.S Although most often described as “the Chinese owner of TikTok” globally, ByteDance has another nickname in China: “app factory.” Since its inception in 2012, the company has created an SHANGHAI, Aug 16 (Reuters) - The Chinese government has taken a stake and a board seat in TikTok owner ByteDance's key Chinese entity, Beijing ByteDance Technology, The Information reported In China, ByteDance has just made its much-rumored debut into the smartphone market. The Smartisan Nut Pro 3 is a well-specced handset available now priced at around $400. The number and position of these cameras has been a source of contention between TikTok’s parent company ByteDance and Oracle in recent months, according to four sources in position to know and UceisbY.