In a memo to staff reviewed by Reuters, TikTok CEO Shou Zi Chew confirmed that all US data “will be stored in a trusted and ...

A number of investors are competing for the opportunity to purchase the app, and if a deal were to go through, the platform's ...

TikTok announced a deal to sell its U.S. assets to a group of three companies. One of them was co-founded by this Florida billionaire.

As TikTok heads to court on Monday to argue against a U.S. ban, parent company ByteDance’s newer social app, Lemon8, is once again surging to the top of the App Store in the U.S. The push is due, in ...

TikTok’s parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matter and a ...

Thursday when the video sharing sensation said it’s being bought by a group of buyers led by Oracle Corp.TikTok Chief Executive Officer Shou Chew told employees that the company and ByteDance signed ...

ONCE YOU start using TikTok, good luck taking your eyes off it. The same goes for the saga of the Chinese app’s American misadventures. Unlike TikTok’s irresistible short videos, this has dragged on ...

Going forward, nearly half of the new entity, TikTok USDS Joint Venture LLC, will be controlled by investors including Oracle, Silver Lake and MGX. Current ByteDance investor affiliates will own ...

TikTok has signed agreements with investors to establish a new U.S. joint venture, a move CEO Shou Chew said advances the company toward resolving a yearslong battle over its U.S. operations.

The latest candidate to become the potential U.S. face of TikTok: Tesla and SpaceX CEO Elon Musk. A ban on TikTok in the United States could go into effect on Sunday, Jan. 19, if Beijing-based parent ...