BEIJING/SHANGHAI (Reuters) – ByteDance, owner of the global hit short-video app TikTok, has shut down its artificial-intelligence-based news aggregator TopBuzz, one of the company’s earliest products aimed at the global stage.
FILE PHOTO – The ByteDance logo is seen in this illustration taken, November 27, 2019. REUTERS/Dado Ruvic/Illustration
“We’re proud of the work that we accomplished with TopBuzz, but (we) have determined that other areas of the business should be our priority going forward,” ByteDance said in a statement sent to Reuters on Friday.
The closure of TopBuzz underlines how ByteDance’s moves into international markets have not been entirely smooth in spite of TikTok’s success.
Launched in 2015, TopBuzz was the overseas equivalent of Chinese news aggregator Jinri Toutiao, meaning “Today’s Headlines”, which was one of Beijing-based ByteDance’s first successes. The app recommends personalized news articles to users with different interests based…
Source Reuters Tech News
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