A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a ...
Perplexity AI updated its merger proposal with TikTok's parent company, ByteDance. The new agreement includes a provision allowing the U.S. government to acquire up to 50% ownership of the new entity ...
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
TikTok is difficult to value. Keeping those complications in mind, Forbes spoke with at least nine people and came up with ...
NEW YORK – ByteDance is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford.
Firms like ByteDance, the company behind TikTok, courted major American investment firms like General Atlantic and Susquehanna Capital. Chinese start-ups in Shanghai and Shenzhen saw an initial ...
RedNote, a Chinese short-form video platform, is gaining ground as users look for an alternative to the social media company ...
New users have piled in to Chinese social media app RedNote just days before a proposed U.S. ban on the popular social media ...
ByteDance is set to invest more than 87.2bn yuan ($12bn) in artificial intelligence (AI) infrastructure in 2025, aiming to leverage cutting-edge technology for growth, reported the Financial Times.
ByteDance is exploring a deal to keep TikTok running in the United States without selling its operations there, according to board member Bill Ford.