ByteDance hit a fresh valuation of about $480 billion after a Chinese investment firm grabbed a block of its shares in a heated auction that ran on Wednesday, according to data from Bloomberg. The ...

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 ...

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 ...

Washington — A renewed push targeting TikTok is gaining momentum on Capitol Hill, where several previous efforts to ban the widely popular video-sharing app over concerns about its parent company's ...

ByteDance, the Chinese owner of TikTok, is back in the news. The company recently offered to buy back its stock from its employees, but the issue is, it’s valuing itself at around $223 billion, which ...

TikTok owner ByteDance is planning to move U.S. users to a new version of CapCut, its video editing app, according to a report from Business Insider. Launching a U.S.-specific app could be part of the ...

OpenAI has suspended the account of TikTok parent ByteDance following a report that the China-owned firm was “secretly” using its “GPT” AI technology to build its own rival chatbot service. ByteDance, ...

It’s the biggest venture capital profit haul that no one wants to talk about. ByteDance – the Chinese parent company of social media app TikTok – is the world’s most valuable startup. Even at a ...

After rumors swirled that TikTok owner ByteDance had lost tens of millions after an intern sabotaged its AI models, ByteDance issued a statement this weekend hoping to silence all the social media ...

TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...

The White House has answered what had been one of the major outstanding questions regarding its pending deal to transfer TikTok’s US operations to a majority American ownership group: Under the ...