TikTok’s infamous algorithm and its link to a failed real estate app.
Zhang Yiming founded ByteDance, TikTok’s parent company, but was previously CEO of 99Fang, a Chinese home search startup with “very powerful” technology for search, image processing and recommendations.
NOW, The New York Times reports that former entrepreneurs suing Susquehanna, an investor in both companies, claim technology they developed for 99Fang was used to create TikTok without compensating them.
