TikTok has finalized a pivotal agreement to establish a standalone U.S. operation, directly responding to longstanding ...
In 2020, a similar arrangement between ByteDance, Oracle and Walmart fell apart after China revised its export control list.
ByteDance is best known as the company behind the immensely popular TikTok app and its Chinese counterpart Douyin, but its ...
TikTok plans to increase pay for high performers in 2026, boosting bonuses, incentives, and cash payouts as ByteDance revises ...
ByteDance, the Chinese parent company of TikTok, is set to ramp up its investment in artificial intelligence (AI) to the tune of $23 billion next year amid a broader strategy to keep up with its U.S.
TikTok took a major step toward avoiding a U.S. ban last week. Its chief executive, Shou Zi Chew, announced that the company ...
The ByteDance-owned platform has signed a joint venture agreement with Oracle, Silver Lake and Abu Dhabi’s MGX that is set to ...
Under the TikTok deal, its Chinese owners will sell U.S. operations to a group of pro-Israel billionaires eager to censor ...
Oracle and other investors have a deal with TikTok parent ByteDance to own the video app's U.S. operations. But we don't know ...
Oracle, Silver Lake, and Abu Dhabi’s state-owned investment firm MGX each plan to take a 15% stake. ByteDance will retain ...
TikTok’s recommendation system is under scrutiny after ByteDance agreed to a US-focused joint venture to avoid a ban.
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.