Musk says xAI is not raising capital after CNBC report on $10 billion fundingElon Musk refuted a CNBC report stating that xAI is currently raising capital. The report suggested a $10 billion raise at a $200 billion v...
20 Sep, 2025, 09.36 AM IST
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 ...
28 Aug, 2025, 05.37 AM IST
TikTok owner ByteDance sets valuation at over $330 billion as revenue grows, sources sayThe company plans to offer current employees $200.41 per share in the repurchase programme, the people said, up 5.5% from $189.90 each it o...
27 Aug, 2025, 08.05 PM IST
SpaceX valuation to hit around $400 billion in share saleThat would mark the largest-ever valuation for a privately held US company, surpassing SpaceX’s previous record of $350 billion from its sh...
09 Jul, 2025, 12.03 PM IST
In TikTok sale, the White House is playing an unprecedented roleThe White House, led by VP JD Vance, is overseeing TikTok's US sale, an unprecedented intervention. Bidders face an unclear process, with B...
17 Mar, 2025, 08.59 PM IST
TikTok parent ByteDance valuation rises in latest share buyback, sources sayThe Chinese owner of the popular short video-sharing app's regular share buyback program underscores its strong balance sheet, bolstered by...
05 Mar, 2025, 07.35 AM IST
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, ...
17 Nov, 2024, 01.10 PM IST
TikTok parent ByteDance's valuation hits $300 billion amid US ban uncertainty: reportByteDance investors have viewed President-elect Donald Trump's return to the White House as an overall positive for TikTok's hopes in the U...
16 Nov, 2024, 11.25 PM IST
Alibaba approves an additional $25 billion share buyback as its revenue disappointsAlibaba posted a 5% increase in sales to 260.3 billion yuan ($36.67 billion) in the quarter that ended in December, slightly missing analys...
08 Feb, 2024, 07.38 PM IST
SoftBank posts $6.6 billion profit, first in five quartersSoftBank Group on Thursday posted a net profit of 985.5 billion yen ($6.6 billion) in the October-December quarter, ending a streak of four...
08 Feb, 2024, 05.18 PM IST
TikTok owner ByteDance offers to buy back shares from staff at $160 apieceThe price per restricted stock unit is in line with an offer it made to current and former US employees in October, according to a report w...
08 Nov, 2023, 03.36 PM IST
TikTok parent ByteDance to allow US staff to cash out on shares: reportThe move is aimed at appeasing restless employees who have been waiting for an initial public offering to profit from the shares they have ...
12 Jul, 2023, 12.55 AM IST
UAE spy chief’s firm buys into ByteDance at $220-billion valueG42, controlled by United Arab Emirates royal Sheikh Tahnoon bin Zayed Al Nahyan, acquired a $100 million-plus stake from existing investor...
15 Mar, 2023, 09.30 AM IST
TikTok owner ByteDance increases price of share buyback for staff -sourcesThe higher price is aimed at motivating employees by helping them monetise their holdings, the sources said
12 Oct, 2022, 03.15 PM IST
ByteDance to spend up to $3 bln to repurchase shares from investorsThe company's board will put the proposal, which values its shares at up to $176.9 apiece, to its shareholders at the end of this month and...
16 Sep, 2022, 04.06 PM IST
ByteDance to spend up to $3 billion to repurchase shares from investorsThe exercise is mainly aimed at helping some of its shareholders improve their liquidity positions, a person with direct knowledge of the p...
16 Sep, 2022, 03.46 PM IST
TikTok owner ByteDance launches share buyback after shelving IPO plansIn an email sent to current and former employees this week, ByteDance said eligible shareholders can apply to sell their holdings by June 2...
27 May, 2021, 10.56 AM IST