Internet reports that following the recent entry into Switzerland of technology companies such as OpenAI and Anthropic to tap local talent, TikTok Inc. has also established a subsidiary in Zurich, Switzerland. Records show that the social media platform, owned by ByteDance, was registered in the canton of Zurich last week. The entity is a subsidiary of TikTok UK and is managed by Thomas Wlazik, the company's general manager for Germany, Austria, Switzerland and Israel. Registration records show that TikTok will carry out activities related to marketing, advertising and public relations, but cannot manage, operate or manage its media and distribution platforms.