President Trump’s new tariffs on China have thrown a wrench in efforts to negotiate a deal over TikTok’s divestment from its parent company ByteDance, as ...
ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant at more than $330 billion, driven by continued revenue growth ...
TikTok’s Chinese owner is poised to keep roughly half the profits from the app’s US business — even after ceding majority ownership to US investors under a deal pushed by President Trump, according to ...
Last year, most lawmakers deemed the Chinese tech giant ByteDance a national security risk and banned its apps. Now, under a Trump reprieve, it’s shipping new apps anyway. In 2024, Congress passed a ...
TikTok’s parent company ByteDance Ltd. has revealed plans to jack up its already heavy spending on artificial intelligence infrastructure next year as it races to catch up with U.S. technology giants, ...
NEW YORK, March 21 (Reuters) - White House-led talks on the future of TikTok are coalescing around a plan for the biggest non-Chinese investors in parent company ByteDance to up their stakes and ...
Investor conviction in ByteDance's potential has deepened, with its valuation rising, reflecting growing confidence in the country's tech capabilities. ByteDance may still be "largely undervalued" ...
Six years in legal limbo and several skirted bans later, ByteDance will have a minority stake in TikTok's new US venture.
TL;DR: Broadcom's ByteDance AI accelerator project was canceled amid tightened US semiconductor restrictions on China. Broadcom has reportedly seen its huge ByteDance project canceled, after the ...
The investors claim ByteDance sabotaged their acquisition of the social media giant during the first Trump administration by instead pursuing an Oracle partnership that circumvented national security ...