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 ...

Washington — President Trump on Thursday signed an executive order that paves the way for a deal brokered by his administration to keep TikTok operating in the U.S. under a new corporate structure ...

TikTok’s Chinese parent company will likely get about half of the profit from the platform’s US operation even after it sells majority ownership to American investors as part of a deal orchestrated by ...

A final agreement to bring U.S. operations of ByteDance (BDNCE)-run TikTok under American ownership will be signed in the coming days, White House Press Secretary Karoline Leavitt said Saturday. In an ...

An inter-governmental deal reached on TikTok positively affected the software giant. Oracle provides cloud computing services to the video app's developer. That morning, U.S. Treasury Secretary Scott ...

Enterprise software heavyweight Oracle ($ORCL) is in “pole position” to emerge as a leader of the current artificial ...

TikTok said Tuesday it had named former Boeing government affairs chief Ziad Ojakli as the short video app's head of public ...

ByteDance, the parent company of TikTok, has built what is currently the most popular AI chatbot in China: Doubao. Launched in 2023, the app has risen to the top of the country’s generative AI market, ...

This week, OpenAI released its latest AI video generation model, Sora 2, advertising it as a "big leap forward" for the space. As Sora hits the public, it will have to compete for market share in a ...

SHANGHAI, Sept 22 (Reuters) - A deal China's ByteDance has struck with Oracle Corp (ORCL.N), opens new tab and Walmart Inc (WMT.N), opens new tab over the future of its video-streaming app TikTok is ...

ByteDance’s Doubao app has overtaken DeepSeek, proving that user-friendly design often matters more than having the most advanced AI model. Now, ByteDance has gotten its revenge. By August, Doubao ...