Who owns TikTok in the US now?Under the arrangement, non-Chinese investors will own about 80% of the American venture. ByteDance will keep 19.9% of it. The investors, wh...
23 Jan, 2026, 08.55 AM IST
ByteDance launches ultra-realistic human videos AI OmniHuman-1 amid TikTok controversy — Features, capabilities & moreAmid the TikTok controversy in US, ByteDance has silently launched a new artificial intelligence model OmniHuman-1.
09 Feb, 2025, 10.38 PM IST
ByteDance prefers TikTok shutdown in US if legal options fail: reportByteDance considers shutting down TikTok over U.S. ban legislation, unlikely to sell due to crucial algorithms. China opposes forced sale. ...
26 Apr, 2024, 09.46 AM IST
ByteDance pays $1.5 billion for China hospital chain in health forayTikTok’s Chinese owner paid about 10 billion yuan to take full ownership of Amcare Healthcare, which runs women’s and children’s hospitals ...
09 Aug, 2022, 12.28 PM IST
ByteDance said to weigh sale of stake in sneaker reseller PoizonThe TikTok owner has engaged in talks about a sale of a low single-digit percentage-point stake, and would prefer to sell to an existing in...
07 Jun, 2022, 02.11 PM IST
TikTok founder Zhang Yiming enters world's richest people-club with over $60 billion net worthDuring its last fundraising round, ByteDance reached a $180 billion valuation.
14 Apr, 2021, 12.05 PM IST
Don’t completely freeze bank accounts of Bytedance, says Bombay High CourtAn Indian tax intelligence agency in mid-March ordered HSBC and Citibank in Mumbai to freeze accounts of ByteDance India as it probed some ...
06 Apr, 2021, 06.31 PM IST
ByteDance team to develop AI chips as China aims for self-relianceBeijing-based ByteDance has posted a dozen semiconductor-related job advertisements on its official website, based mainly in Beijing and Sh...
16 Mar, 2021, 01.04 PM IST
Social media, video apps flooded with CVs, job requests post ByteDance layoffsMX Player's TakaTak, ShareChat, Trell, Chingari, Bolo Indya, Mitron and Roposo are among the many companies likely to pick up some of the i...
29 Jan, 2021, 03.24 PM IST
TikTok owner's sales doubled to $35 billion despite US banThe Chinese company managed to grow operating profit to roughly $7 billion in 2020 from less than $4 billion the prior year.
27 Jan, 2021, 12.17 PM IST
TikTok owner ByteDance launches Douyin Pay, its mobile payment service for China"The set-up of Douyin Pay is to supplement the existing major payment options, and to ultimately enhance user experience on Douyin," Douyin...
19 Jan, 2021, 04.10 PM IST
ByteDance plans TikTok IPO to win US deal as deadline looms: SourcesTrump ordered ByteDance last month to divest TikTok amid U.S. concerns that the personal data of as many as 100 million Americans who use t...
18 Sep, 2020, 10.16 AM IST
How ByteDance's CEO Yiming Zhang balked at selling TikTok's U.S. businessChina's opposition to a forced sale of TikTok, as well as concerns by major ByteDance backers such as Sequoia and General Atlantic over the...
15 Sep, 2020, 11.20 AM IST
TikTok owner doles out bonuses to assuage beleaguered staffByteDance’s move contrasts with belt-tightening across scores of Asian startups from Singapore’s Grab to India’s Oyo. It echoes a handout f...
09 Sep, 2020, 09.07 AM IST
ByteDance investors seek to use stakes to finance TikTok bid - SourcesByteDance has been in talks to divest TikTok's North America, Australia and New Zealand operations to potential acquirers, including Micros...
24 Aug, 2020, 02.42 PM IST
TikTok owner is world’s most valuable startup at over $100 billion in private marketsByteDance's valuation has risen at least a third to more than $100-bn in recent private share transactions.
21 May, 2020, 05.39 PM IST
GroupM’s Sameer Singh to join ByteDanceSingh will remain with GroupM till end of next month and join the Chinese company in August.
22 May, 2019, 07.12 AM IST