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US stocks today: S&P 500 hits record closing high on AI optimism, Micron joins $1 trillion clubUS stocks closed mixed with Nasdaq and S&P 500 hitting record levels as AI-driven optimism lifted tech and chip stocks. Micron surged into ...
How China block of AI deal could stop 'Singapore-washing'China has blocked Meta's acquisition of Singapore-based AI firm Manus, signaling a crackdown on "Singapore-washing." This move, aimed at pr...
China’s Netflix expects AI to create bulk of shows in five yearsIQiyi Inc. is set to transform its operations, anticipating AI will generate most films and shows within five years. The company is launchi...
Senator wants Trump to answer questions on TikTok divestiture planTrump signed an executive order on September 25 declaring that a plan to sell TikTok's U.S. operations to a consortium of U.S. and global i...
US Treasury's Bessent says China has approved TikTok transfer dealChina's Commerce Ministry said in a statement earlier on Thursday that China would properly handle TikTok-related issues with the United St...
TikTok deal inside detail are out: China's ByteDance will still have presence in video app's board of operations in U.SDonald Trump said on Friday that he and Chinese President Xi Jinping had made progress on a TikTok agreement in a phone call and would meet...
US senator Warner says new Donald Trump TikTok extension may violate lawDonald Trump on Friday said he extended by 75 days a deadline for ByteDance to sell U.S. assets of the popular short video app to a non-Chi...
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. ...
Timeline: ByteDance founder who put TikTok on global map to quit as CEOZhang, 38, turned ByteDance into a social media powerhouse which has also had many brushes with global regulators
ByteDance not in preliminary talks to list TikTok on NYSE: SourceThe Global Times, published by China's ruling Communist Party's official People's Daily newspaper, said earlier on its Twitter account that...
Sequoia Capital and KKR lead ByteDance funding round that values it at $180 billionThe funding round, which aims to raise $2 billion and would make it the world's most valuable financing round in the private market, is dra...
US grants ByteDance new seven-day extension of TikTok sale orderThe administration previously had granted ByteDance a 15-day extension of the order issued in August, which was set to expire Friday. Presi...
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...
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...
US investors, companies set to own majority stake in TikTok U.S. operationsThe new company, dubbed TikTok Global, will have a majority of American directors, a U.S. chief executive and a security expert on the boar...
ByteDance drops TikTok's US sale, to partner with Oracle: ReportByteDance had been in talks to divest TikTok's U.S. business to either Oracle or a consortium led by Microsoft Corp after U.S. President Do...
China would rather see TikTok US close than a forced sale: SourcesByteDance has been in talks to sell TikTok's U.S. business to potential buyers including Microsoft and Oracle since U.S. President Donald T...
Aspiring TikTok buyers pursue four options in effort to revive talksOther options being considered include asking for Chinese approval to pass TikTok's algorithm on to the acquirer of the short video app's U...
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...
Oracle enters race to buy TikTok's U.S. operations: ReportMicrosoft is particularly interested in buying TikTok in Europe and India, where it was recently banned by the Indian government after bord...