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 ...
27 May, 2026, 01.38 AM IST
Perplexity AI proposes to merge with Tiktok, with US government getting halfUnder the proposal, ByteDance would sell TikTok US to the investors, which would give TikTok's existing investors equity in the company. Th...
27 Jan, 2025, 06.58 AM IST
ByteDance to reorganize, CFO steps down to focus on TikTokThe move comes after ByteDance shelved its plan to go public in April and said it had no imminent plans for an initial public offering. It ...
02 Nov, 2021, 10.23 AM IST
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
20 May, 2021, 04.19 PM IST
ByteDance says it has no immediate plans for public listingByteDance last month hired former Xiaomi executive Shou Zi Chew to a newly-created role as chief finance officer, suggesting the tech compa...
23 Apr, 2021, 09.38 PM IST
ByteDance is restructuring TikTok India team, transfers country headThe restructuring is in line with the impending TikTok Global IPO in October, wherein retained employees of TikTok India will look to redee...
05 Apr, 2021, 06.01 AM 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 in fundraising talks that will value it at $180 bln -sourcesThe company is discussing the round with existing investors including Sequoia Capital and General Atlantic to raise around $2 billion for t...
05 Nov, 2020, 09.09 PM IST
TikTok urges court to block Trump's ban on app in US, files for injunctionCiting "confusing and contradictory statements about TikTok" by the president and other agencies, the motion for a preliminary injunction a...
24 Sep, 2020, 10.55 AM IST
India to consider fresh responses from TikTokIndia will consider fresh responses from TikTok if it seeks to re-engage with the government over its ban in the country, a senior official...
21 Sep, 2020, 10.48 AM IST
Trump touts 'fantastic' TikTok deal with Walmart and OracleThe deal, announced by the companies, also includes Walmart as a commercial partner and would create a new US company named TikTok Global.
20 Sep, 2020, 03.25 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
TikTok’s price is a question mark in already complex dealThe price for a piece of fast-growing TikTok could also depend on whether Microsoft scores a discount from picking up an app whose other al...
05 Aug, 2020, 09.12 AM IST
A TikTok-Microsoft deal may be the best and most elegant solution for all parties involvedIn this instance, though, Microsoft may be the best suitor. On the surface, it may seem strange to contemplate such a large deal in an envi...
01 Aug, 2020, 08.51 AM IST
TikTok owner ByteDance aims to build global reach before IPODiscussions around an eventual IPO come at a time when ByteDance needs new engines of growth with TikTok on the wane as global downloads of...
30 Oct, 2019, 09.14 AM IST
TikTok lessons on social media influencing goes viralThe runaway success of short-video app TikTok has spawned a whole industry centred around training and workshops
13 May, 2019, 08.09 AM IST