Étiquette : tiktok

Facebook quietly launches a TikTok competitor app called Lasso

Lasso by Facebook

“Lasso is Facebook’s latest bid to win over teens, which the large social media platform has lost its hold over. In 2018, only half of teens say they still use Facebook, compared to in 2014, when 71 percent of them said they did. The app was first reported as in development in late October.On Lasso, users can record themselves dancing and lip-syncing to music, similar to what they can already do on TikTok. The app also lets users record short clips like Vines.”

Source : Facebook quietly launches a TikTok competitor app called Lasso – The Verge

ByteDance Headquarters

“Six-year-old Bytedance, owner of news aggregator Toutiao and video sensation Tik Tok, has surpassed Uber Technologies Inc. to become the world’s most valuable startup, according to CB Insights, which values Uber at $72 billion. Having become a major player in China’s internet scene, it’s now planning to use its influx of cash to take on Western rivals. Its biggest overseas hit is a video service called Douyin — known as Tik Tok beyond China — that’s siphoning attention from the likes of Tencent Holdings Ltd. and Facebook Inc.”

Source : Bytedance Is Said to Secure Funding at Record $75 Billion Value – Bloomberg

Source : TikTok Musically

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