TikTok’s long running fight with Washington has ended not with a ban, but with a forced corporate makeover that keeps the app ...
TikTok has finally chosen a path that keeps the app alive in the United States, agreeing to carve out its American business ...
A number of investors are competing for the opportunity to purchase the app, and if a deal were to go through, the platform's ...
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 ...
Oracle, Silver Lake, and MGX each secured 15% stakes in the newly formed JV, while ByteDance retains 19.9% ownership of what was once their crown jewel.
WASHINGTON/HONG KONG >> TikTok’s Chinese owner, ByteDance, on Thursday signed binding ‌agreements to hand control of the short video app’s U.S. operations to a group of investors, including Oracle, in ...
ByteDance, the parent company of TikTok, has built what is currently the most popular AI chatbot in China: Doubao. Launched in 2023, the app has risen to the top of the country’s generative AI market, ...
This week, OpenAI released its latest AI video generation model, Sora 2, advertising it as a "big leap forward" for the space. As Sora hits the public, it will have to compete for market share in a ...
The diverging path of China’s two leading AI players shows where the country’s artificial intelligence industry is headed. Save this story Save this story Go high or go wide? DeepSeek and ByteDance, ...