Judge says former ByteDance executive lied in suit against companyYintao Yu, head of engineering for ByteDance's U.S. operations from August 2017 to November 2018, filed a wrongful-dismissal suit against t...
14 Dec, 2024, 08.39 AM IST
TikTok parent ByteDance's valuation hits $300 billion, sources sayAfter proposing a share buyback program at $180.70 per share, ByteDance, parent company of TikTok has been valuing itself at $300 billion, ...
17 Nov, 2024, 01.10 PM IST
TikTok parent ByteDance's valuation hits $300 billion amid US ban uncertainty: reportByteDance investors have viewed President-elect Donald Trump's return to the White House as an overall positive for TikTok's hopes in the U...
16 Nov, 2024, 11.25 PM IST
TikTok, Justice Department face off in court over potential US banA three-judge panel of the U.S. Court of Appeals for the District of Columbia will hold oral arguments on a legal challenge filed by TikTok...
16 Sep, 2024, 04.05 PM IST
Will US ban TikTok in January? That question is headed to courtFor years, TikTok and its Chinese parent company, ByteDance, have been under scrutiny from U.S. lawmakers and intelligence officials for th...
16 Sep, 2024, 10.18 AM IST
TikTok faces crucial court hearing that could decide fate in USThe US Court of Appeals for the District of Columbia will hold oral arguments on the legal challenge, putting the fate of Chinese-owned Tik...
13 Sep, 2024, 04.20 PM IST
TikTok says court should reject DOJ secret filings in divestiture suitTikTok said if the court does not agree to reject the evidence it should appoint a district court judge as a special master "to assess the ...
06 Aug, 2024, 08.50 AM IST
US court to hear challenges to potential TikTok ban in SeptemberA U.S. appeals court sets a fast-track schedule to consider challenges to a new law requiring ByteDance to divest TikTok's U.S. assets by J...
29 May, 2024, 09.58 AM IST
How a marked-up term sheet and messy rollout threw TikTok deal into disarrayWhat appeared as a coup clinched by Mnuchin, a former Goldman Sachs Group Inc investment banker, did not hold. ByteDance would subsequently...
23 Sep, 2020, 10.34 PM IST
Beijing unlikely to approve ByteDance's TikTok deal with Oracle, according to Global TimesByteDance has said it will create a U.S. subsidiary partly owned by U.S. majors Oracle and Walmart and managed mainly by Americans, to paci...
22 Sep, 2020, 10.18 AM IST
The math doesn’t add up on TikTok’s deal with Oracle and WalmartThe exact math may not matter very much, given Trump’s demand that China have no involvement in the new TikTok.
22 Sep, 2020, 09.27 AM IST
China's ByteDance says TikTok will be its subsidiary under deal with Donald TrumpTrump signed an executive order on Aug. 14 giving ByteDance 90 days to sell TikTok, amid concerns that the personal data of as many as 100 ...
21 Sep, 2020, 12.10 PM IST
China's ByteDance gets Trump nod to avoid TikTok shutdown in the United StatesHe told reporters at the White House he backs the deal with TikTok owner ByteDance, Oracle and Walmart to create a new company that will as...
20 Sep, 2020, 09.14 AM 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
ByteDance says proposal for TikTok partnership will need both Chinese and U.S. approvalThe proposal, submitted to the Trump administration over the weekend, envisages Oracle becoming a "trusted" technology partner and making T...
17 Sep, 2020, 02.36 PM IST
Trump says Oracle close to TikTok deal as ByteDance aims for majority ownershipPresident Donald Trump said on Tuesday he had heard Oracle Corp was very close to a deal over ByteDance's TikTok, even as sources said the ...
16 Sep, 2020, 09.49 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