(Bloomberg/Echo Wong and Min Jeong Lee) — 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 ...

Global demand for artificial intelligence infrastructure continues to surge, and China’s largest internet companies are ...

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 ...

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.

ByteDance is best known as the company behind the immensely popular TikTok app and its Chinese counterpart Douyin, but its ...

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 ...

President Trump said negotiations were underway with multiple potential buyers for TikTok’s US business — with a deal possibly materializing soon. Trump told reporters aboard Air Force One on Sunday ...

(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 ...

TikTok parent ByteDance is on track to make profit of around $50 billion in 2025, as it builds major inroads into e-commerce and new markets.(Photo by Saeed Khan / AFP) (Bloomberg) — ByteDance Ltd. is ...