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BYTEDANCE NEWS
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...- 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 ...
- Qualcomm strikes AI chip deal with TikTok owner ByteDance: Bloomberg NewsAmerican chipmaker Qualcomm has struck an AI chip deal with TikTok owner ByteDance, according to a Bloomberg News report
- US nears $400 million settlement with TikTok on child-privacy violations: ABC NewsUS government is close to a $400 million deal with TikTok. This settlement addresses claims of child privacy breaches. The funds are report...
- China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
- China to curb US investment in tech companies: ReportChina is set to block top tech firms, including AI startups, from taking US money without official clearance. Regulators have told companie...
- China to curb US investment in tech companies: ReportChinese regulators, including the National Development and Reform Commission, have recently instructed several private technology firms t...
- Waiting for DeepSeek: new model to test China's AI ambitionsDespite reports and rumours about its imminent release, DeepSeek's next-generation "V4" model is nowhere in sight. Speculation is also swir...
- ByteDance agrees to sell Moonton to Savvy Games for $6 billionByteDance has agreed to sell Moonton to Savvy Games Group for about $6 billion, shifting its focus to generative AI. The Beijing company wi...
- 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, ...
- China video app Douyin Group CEO resigns to take new role within ByteDanceZhang Nan, who also uses the English first name Kelly, posted on her personal social media account on WeChat that she was resigning from th...
- ByteDance plans for maximum of nine board directors: sourceThis week Reuters reported that TikTok, the popular short video app, could face a fine of $29 million in Britain after an investigation sho...
- ByteDance said to weigh sale of stake in sneaker reseller PoizonThe TikTok owner has engaged in talks about a sale of a low single-digit percentage-point stake, and would prefer to sell to an existing in...
- TikTok owner ByteDance 'scraped' content from Instagram, SnapchatByteDance allegedly took videos, usernames, pictures and more from the social media platforms and uploaded them to the app without users' c...
- ByteDance said to be in talks to borrow up to $3 billionTikTok owner ByteDance plans to take advantage of currently low-interest rates to repay its debt, however, terms and the loan size are stil...
- 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...
- ByteDance AI research head to leave as pressure mounts on TikTokBeijing-based ByteDance said on Tuesday the head of its artificial intelligence lab will leave the company, as its short-video app TikTok f...
- TikTok owner ByteDance shuts down overseas news aggregator TopBuzzByteDance is currently under a U.S national security inquiry into TikTok's handling of user data, and also facing tightened scrutiny from r...
- 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...
- 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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