The parent company of TikTok has finalized a deal to divest a majority stake in its U.S. operations to non-Chinese investors, allowing the company to continue to operate in America and finally escape ...

Fox Corp., led by chairman and CEO Lachlan Murdoch, is among investors negotiating to acquire a stake in the carved-off TikTok U.S. entity. President Donald Trump revealed the Murdochs’ involvement in ...

Trump has claimed the deal meets requirements for “qualified divestiture” to avoid a TikTok ban otherwise required under the Protecting Americans from Foreign Adversary Controlled Applications Act.

ByteDance, the parent company of TikTok, has taken a significant step to prevent the popular social media platform from being banned in the United States. The company has finalized binding agreements ...

(Reuters) -Chinese regulators have barred TikTok-owner ByteDance from deploying Nvidia chips in new data centers, The Information reported on Wednesday, citing two company employees. ByteDance bought ...

(Corrects to note that Doubao is ByteDance’s chatbot, not Alibaba’s, in paragraph 5) By Laurie Chen BEIJING, Feb 16 (Reuters) ...

WASHINGTON (Gray DC) - A long-awaited deal over TikTok’s future in the United States is now complete, shifting control of the platform’s U.S. operations from parent company ByteDance to a group of ...

Mainland China stocks saw a modest rise, buoyed by communication sector gains as the Lunar New Year holiday approaches. Media shares surged due to ByteDance's new AI model, while property stocks fell.