TikTok hires Disney's head of streaming as CEO and more

www.nytimes.com

It's been quite a month for ByteDance/TikTok, which finally hired the US-based CEO it was reportedly seeking -- he was Disney's head of streaming, no less. It has reportedly has seen its valuation pass $100B in private share sales link -- that's an impressive feat even though it looks like a planted story.

ByteDance has even done early stage investing after it joined a $6M round for digital debt collection startup Lingxi link

And it is reportedly setting up an in-car entertainment business link

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