China app maker ByteDance raises $3B

first_img Saleha joined Mobile World Live in October 2014 as a reporter and works across all e-newsletters – creating content, writing blogs and reports as well as conducting feature interviews…More Read more AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 29 OCT 2018 Tags Saleha Riaz Previous ArticleMobileum strikes deal for Evolved IntelligenceNext ArticleOnePlus cracks US operator market with 6T SoftBank Home China app maker ByteDance raises $3B Authorcenter_img ByteDance closed a $3 billion funding round from investors including SoftBank and is now valued at $75 billion, making it potentially the number-one privately backed start-up in the world.The company wants to use its new funds, which included contribution from investment company KKR and equity company General Atlantic, to expand outside its home market.Bloomberg reported the maker of news app Toutiao and music video service TikTok may now be worth more than Uber’s estimated $72 billion value and is still in talks with other interested parties to raise even more money in the future.The company, which reportedly generated reveue of $2.5 billion in 2017, is targeting $7.2 billion for 2018, but is not yet profitable.Last week TechCrunch reported Facebook is working on a TikTok rival called Lasso, which will let users make videos of themselves lip syncing or dancing to popular songs, as the social media giant looks to attract teenagers.ByteDance was also in the news earlier this year when China’s State Administration of Radio and Television ordered it to delete a joke sharing app because it contained “vulgar and improper content”. Subscribe to our daily newsletter Back SoftBank Corp targets growth through acquisitions OneWeb, SoftBank Corp plot Japan satellite move Asia Deutsche Telekom, SoftBank tipped for T-Mobile trade Relatedlast_img read more

Continue reading

Malzahn won’t announce Auburn’s starting QB at Kentucky

first_imgAuburn quarterback Jeremy Johnson continues to struggle as he threw for just 100 yards in Saturday's 45-21 loss Saturday at LSUAuburn quarterback Jeremy Johnson continues to struggle as he threw for just 100 yards in Saturday’s 45-21 loss Saturday at LSUPlay VideoPlayMuteCurrent Time 0:00/Duration Time 0:00Loaded: 0%0:00Progress: 0%0:00 Progress: 0%Stream TypeLIVERemaining Time -0:00 Playback Rate1ChaptersChaptersdescriptions off, selectedDescriptionssubtitles off, selectedSubtitlescaptions settings, opens captions settings dialogcaptions off, selectedCaptionsAudio TrackFullscreenThis is a modal window. The Video Cloud video was not found. Error Code: VIDEO_CLOUD_ERR_VIDEO_NOT_FOUND Session ID: 2020-09-18:8536a15b316b5d736ba0040 Player ID: videojs-brightcove-player-33240-4552888515001 OK Close Modal DialogCaption Settings DialogBeginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsDefaultsDoneClose Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.AUBURN — The mystery continues on who will be Auburn’s starting quarterback for the Thursday night game at Kentucky.Unlike what he’d done the last two weeks, Auburn head coach Gus Malzahn decided to not announce a starting quarterback between Sean White or Jeremy Johnson during his weekly media conference and added that decision won’t be made until “later in the week”.“By the end of this week, we’ll have who will start,” Malzahn said Monday morning.Malzahn’s lack of an announcement on the situation comes less than 24 hours after Auburn offensive coordinator Rhett Lashlee said “I don’t know” about the quarterback competition during the Tigers bye week preparations.“I believe in both of those guys. I really do,” Lashlee said Sunday night. “I haven’t given up on them because I know what they got in them and I like the way they’ve approached practice lately, and competing and preparing. All you can do is keep working, keep pushing through and make something happen.”Auburn Tigers quarterback Jeremy Johnson (6) talks to Auburn Tigers quarterback Sean White (13) after the NCAA football game between LSU Tigers and Auburn on Saturday, Sept. 19, 2015, at Tiger Stadium in Baton Rouge, La. LSU Tigers defeated Auburn Tigers 45-21. Albert Cesare / AdvertiserAuburn Tigers quarterback Jeremy Johnson (6) talks to Auburn Tigers quarterback Sean White (13) after the NCAA football game between LSU Tigers and Auburn on Saturday, Sept. 19, 2015, at Tiger Stadium in Baton Rouge, La. LSU Tigers defeated Auburn Tigers 45-21. Albert Cesare / AdvertiserMalzahn did give a hint Monday morning by saying White “has done nothing to lose the job” in his first two career starts the last two weeks against Mississippi State and San Jose State.“(White) has done a very good job (but) we just wanted the guys to compete,” Malzahn said. “I think it has been good for both of them.”Malzahn said Monday the decision on starting quarterback “could be” a game-time decision but also said a final call could be made by the end of preparation for Kentucky tomorrow.“Honestly, we’ve been able to play with both of them and knowing the ability of both of them…it’s not really a worry thing,” Auburn receiver Melvin Ray said Monday. “I could see why there’s a battle between those two now because it could go either way. It’s just all about whoever can give us the best chance.”Malzahn said Monday that the competition has been good for Johnson to “be back in the mix” from a confidence standpoint after benching the junior from Montgomery. Johnson’s six interceptions in his first three starts led Malzahn to bench him in favor of White.“He’s actually had a quite positive attitude (and) people wouldn’t think so, but ever since he’s been demoted or what not he’s had a good attitude, he’s been working really hard and looking really good,” Ray said Monday.Auburn quarterback Sean White (13) and Auburn quarterback Jeremy Johnson (6) warm up before the NCAA football game between Auburn and Mississippi State on Saturday, Sept. 26, 2015, in Auburn, Ala.Auburn quarterback Sean White (13) and Auburn quarterback Jeremy Johnson (6) warm up before the NCAA football game between Auburn and Mississippi State on Saturday, Sept. 26, 2015, in Auburn, Ala.However, White, the 6-foot signal caller, inability to create big plays with his arm have forced the quarterback competition.“That’s been probably the biggest issue we’ve had as far as getting in rhythm or as putting points on the board,” Malzahn said. “We’ve got that plan during the off-week moving forward, personnel-wise and everything that goes with that, so hopefully that will carry over to Thursday night.”Kentucky head coach Mark Stoops says he there is no need to change the game plan for either quarterback because what the Tigers have asked both players to do behind center doesn’t change.“Not a whole heck of their offense changes,” Stoops said Wednesday during the SEC coaches teleconference. “They’re very creative in what they do and put a lot of pressure on you. It all starts with them being physical and running the football.”last_img read more

Continue reading