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Dual-class stock gives US social media company controllers nearly as much power as ByteDance has over TikTok
For example, Mark Zuckerberg controls Meta, which owns Facebook, Instagram and WhatsApp ... TikTok's parent company, ByteDance, is privately held, but it's reportedly controlled by a co-founder, ...
Facebook owner Meta faces existential threat at trial over Instagram, WhatsApp
WASHINGTON—Facebook parent Meta Platforms faces a high-stakes trial in Washington starting on Monday on claims it built an ...
TechNode2d
TikTok’s owner ByteDance launches internal beta for Coze Space, an AI agent collaboration platform
TikTok’s parent company ByteDance launched the internal beta of Coze Space, an AI-powered productivity platform enabling the ...
Music Business Worldwide2d
Meta launches Edits, a rival to TikTok parent-owned CapCut, with plans for expanded music options, including ‘royalty-free’
Facebook and Instagram parent Meta launched ‘Edits’ on Tuesday (April 22), a new video-creation app seen as a challenger or ...
BBN Times4d
Meta’s Edits App Launches Globally, Taking Aim at ByteDance’s CapCut in Mobile Video Editing
Meta officially launched Edits, a new mobile video editing app designed to compete directly with ByteDance’s CapCut, ...