On Tuesday, Clash announced it was acquiring Byte, a short-form video app launched by a cofounder of Vine, the beloved six-second video app owned and shut down by Twitter. Terms of the Byte deal were not disclosed. It’s just the latest example of M&A activity and strategy shifts among TikTok rivals after a roller coaster year. TikTok appeared to be on the cusp of getting banned in the US, where it counts 100 million users, only to outlast the Trump administration, which had been pushing to shut it down in the country because its parent company is based in China.
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