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Musical.ly Was Sold For Almost $1 Billion To Chinese Tech Firm

Musical.ly for those who do not know is an ultra popular karaoke app that has taken middle schools by storm. It allows users to upload videos of themselves singing along to tracks to a social data base where their friends and family can watch and inter…

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Major Chinese media startup acquires Musical.ly for $800-million

A near $1-billion-dollar transaction has led Chinese media giant, Beijing ByteDance Technology Co., to obtain Chinese video creation platform, Musical.ly

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