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BYTEDANCE FINANCIAL STRENGTH
TikTok may get $330-billion valuation in new share buybackByteDance, the parent company of TikTok, is planning a new employee share buyback, valuing the company at over $330 billion. This decision ...- Market Wrap: Auto, IT slump weighs on D-Street; Sensex sheds 191 pts, Nifty holds 23,500Indian benchmark indices closed lower on Friday, pressured by declines in auto and IT stocks as investor sentiment turned cautious ahead of...
- Dollar or other currencies? How the US is daring the world to find a dollar alternativeThe United States is challenging its own foundations as the world's reserve currency with attacks on the legal system following Donald Trum...
- QYOU Media appoints former TikTok exec Raj Mishra as CEO for IndiaRaj Mishra was appointed to QYOU’s Board of Directors on May 30th, 2023, and brings a strong track record of driving business growth and pr...
- Ranjan Pai in talks for stake in FirstCry; IT hardware firms may get more time for local manufacturingManipal Group chairman Ranjan Pai is likely to pick up a stake in FirstCry, as part of a secondary share sale. Pai’s Rs 250 crore investmen...
- TikTok’s future hangs in balance amid possible US ban & other top tech stories this weekEarlier this week TikTok said it has more than 150 million monthly users (nearly half the population) in the US, up from 100 million just a...
- ByteDance is poised to miss US deadline for TikTok saleByteDance founder Zhang Yiming has been caught in a clash between the world’s two preeminent powers. The serial entrepreneur has been reluc...
- Back with alternative capital, Private Equity funds open doors to fresh talentPrivate equity, the emerging preferred source of alternative capital for Indian businesses is finally seeing green shoots of revival, month...
- Months after the onset of covid-19, private equity funds are finally seeing green shootsFunds such as Warburg Pincus, Sequoia, Creador, Multiples Alternate Asset Management, Apax Partners, Bain Capital, Kedaara, ChyrsCapital, A...
- TikTok craze is minting celebrities and ruining lives in IndiaVideos of cavorting public officials highlight the lack of control over its use among government and law enforcement agencies and is lendin...
- Both citizens and tech companies will be served better with an element of regulation: Ajit Mohan MD, FacebookFacebook and its family of apps are an ally for India in the trajectory of economic growth and social development, said the official.
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