Oracle (ORCL) shares are positioned for a potential boost as a deal to spin off TikTok's U.S. operations nears completion, ...
ByteDance, the Chinese owner of TikTok, has created a U.S.-based joint venture with majority American ownership to safeguard ...
The United States and China have shaken hands on a deal to divest the short-form video content app TikTok’s U.S. business to ...
TikTok's Chinese owner, ByteDance, has finalised a deal to establish a majority American-owned joint venture that ...
TikTok avoided a US ban after ByteDance finalized a deal creating a majority American-owned joint venture that gives US investors control.
Through the sale, the Chinese video platform avoids a ban in the USA. A law passed in 2024 aims for the forced sale of the US ...
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 ...
TikTok’s Chinese owner, ByteDance, signed binding agreements with three major investors to sell just over 80% of the company’s US assets to American and global investors to avoid a US government ban, ...
After years of delays, the forced sale of TikTok's USA operations from ByteDance to an American-based company went through last week with investors from ...
TikTok’s parent company ByteDance Ltd. has revealed plans to jack up its already heavy spending on artificial intelligence infrastructure next year as it races to catch up with U.S. technology giants, ...
TikTok owner ByteDance is planning to move U.S. users to a new version of CapCut, its video editing app, according to a report from Business Insider. Launching a U.S.-specific app could be part of the ...