Global demand for artificial intelligence infrastructure continues to surge, and China’s largest internet companies are ...
ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into e-commerce and new markets.
ByteDance is best known as the company behind the immensely popular TikTok app and its Chinese counterpart Douyin, but its ...
TikTok CEO Shou Chew also told employees that ByteDance signed binding agreements to create a joint venture majority-owned by American investors including Oracle Corp, according to a reviewed memo.
(Bloomberg) -- At least three of Bytedance Ltd.’s major investors have marked up the TikTok-owner’s valuation to more than $400 billion, a sharp rebound for a Chinese social video leader that has been ...
A TikTok deal has finally been reached. Almost. Pending agreement from Beijing, the app’s owner, ByteDance Ltd., has agreed to a joint venture that will produce an American version of TikTok that is ...
Meta Platforms Inc. and ByteDance Ltd. were hit with class actions Tuesday from YouTubers who claimed the companies have used their videos to train generative AI models without permission.
TikTok chief executive officer Shou Chew told employees that the company and ByteDance signed binding agreements to create a ...
(Bloomberg) -- TikTok parent ByteDance Ltd. is valuing itself around $300 billion, one of the highest valuations ever for the Chinese tech company, even as it fights to maintain its popular ...
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