The deal is a milestone for the short video app used regularly by more than 170 million Americans after years of battles that ...
TikTok CEO Shou Chew told employees of the social media app Thursday that its owner, China’s ByteDance, has signed binding ...
The owner of TikTok has agreed to create a joint venture that will make the popular social media app majority-owned by ...
The deal, set to close on Jan. 22, would end years of efforts to force ByteDance to divest its US business over national ...
TikTok’s Chinese owner, ByteDance, said today it signed binding agreements with three major investors to form a joint venture ...
Bytedance will sell the majority of Tiktok’s American operations to a conglomerate of companies including US investment firm ...
ByteDance saw usage of its Doubao large language models (LLMs) rise more than tenfold this year, as more enterprises in China ...
TikTok's future in the States has been secured through a deal with Oracle, Silver Lake, and MGX. After several extensions by ...
TikTok’s Chinese parent ByteDance has signed binding deals to sell over 80% of the app’s US business to American and global ...
The sealed deal is backed by cloud giant Oracle, private equity powerhouse Silver Lake, and Abu Dhabi-based AI investment ...
The deal follows months of the Trump administration attempting to reach an agreement with Chinese-based TikTok owner ByteDance.