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BYTEDANCE PROFIT
TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest personZhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index...- Tencent revenue and profit miss on higher AI investmentTencent Holdings announced first-quarter results below market expectations. Revenue and net profit missed forecasts. Gaming revenue saw gro...
- China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...
- Meta pulls ads aimed at recruiting plaintiffs for social media addiction lawsuitsAt the end of March, a Los Angeles jury found Meta and Alphabet's Google liable for a young woman's depression and suicidal thoughts afte...
- SpaceX seen as make-or-break test for mega IPOsThe global IPO market has needed a win for years and Elon Musk's SpaceX could be the breakthrough. The last company to make a market debut ...
- Huawei posts slower annual revenue growth of 2.2%Huawei's 2025 revenue grew 2.2 percent to 880.9 billion yuan. This growth was supported by its core network infrastructure and consumer dev...
- Zhipu accelerates pivot to domestic chips amid AI boom in ChinaChinese AI firm Zhipu AI is boosting its use of local chips amid soaring computing needs. The company reported strong revenue growth for 20...
- China's Zhipu posts 132% rise in annual revenue on AI boomZhipu AI reported revenue growth of 131.9% for 2025 on Tuesday, in its first results update since raising HK$4.35 billion ($554.9 million) ...
- Meta shares slip after US jury verdicts raise concerns of new legal exposureMeta shares fell 6% to a 10-month low on Thursday after rulings this week found the Facebook parent failed to adequately warn or protect yo...
- China tech giant Tencent logs 16% jump in annual net profitChinese internet giant Tencent on Wednesday reported a 16 percent jump in full-year net profit, with gaming still its main business driver ...
- ByteDance valued at $550 billion in proposed share sale by General AtlanticGeneral Atlantic, which first invested in ByteDance in 2017 when the company was valued at about $20 billion, started the process to sell s...
- HSG's continuation fund to value ByteDance at up to $370 billion: ReportHSG, formerly Sequoia Capital China, is reportedly launching a new fund. This fund is expected to buy some of its shares in TikTok's parent...
- ByteDance to get about 50% of TikTok US profit under Trump dealByteDance Ltd. is expected to receive a licensing fee of on all revenue generated from making its algorithm available to the US operating e...
- After proposing Canada's merger with US, now Shark Tank's Kevin O'Leary is set to buy TikTok’s American business, seeks Donald Trump's helpKevin O'Leary is currently making headlines for deciding on buying up the American business of popular social media app TikTok. This app by...
- ByteDance profits jump 60%, beating tech rivals: reportThe profits of TikTok owner ByteDance jumped around 60 percent in 2023, Bloomberg reported Wednesday citing sources, beating online rivals ...
- TikTok owner ByteDance's profit jumps 60% in 2023 amid worries of US banByteDance Ltd. witnessed a remarkable 60% surge in profits in 2023, surpassing industry giants Tencent Holdings Ltd. and Alibaba Group Hold...
- ByteDance testing content paywall on TikTok's sister app DouyinThe Chinese internet giant has recently started to allow some content creators with more than 100,000 followers to put part of their videos...
- Dismissed for flagging illegal activity, says former ByteDance executiveThe dispute comes at a time when ByteDance-owned app TikTok faces growing calls for a nationwide ban from some US lawmakers regarding conce...
- ByteDance clocks Rs 3.4 crore profit in IndiaThe company is up against Facebook and Google for user attention and advertising dollars in India, which is emerging as a key battleground ...
- TikTok’s parent pushes into search businessByteDance, known for aggressively recruiting top tech talent, is turning its attention to one of the most lucrative businesses online.
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