Still, ByteDance’s valuation of $223 billion is only 28% of Meta’s market cap of $789.5 billion. Comparing their revenue multiples, ByteDance would be worth 2.6x times its 2022 revenue, ...

CapCut, a video-editing app owned by Chinese tech powerhouse ByteDance Ltd., is rapidly gaining steam, threatening to lure users away from Adobe Inc. and Canva Inc.

ByteDance behind on AI. ByteDance started 2024 by confronting the hard truth that it had fallen behind rivals in the AI race, Bloomberg reported.At an all-staff meeting, ByteDance co-founder and ...

TikTok’s parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matt… ...

The ByteDance-owned app returns after going dark over the weekend. TikTok's influence has been greater than its seemingly short-lived demise. What to know 📋 How to talk money 🤑 💸 to your ...

TikTok, owned by ByteDance, is on the verge of being banned in the United States. The thing is, the government also went after other ByteDance apps, and there are quite a few of them operating in ...

TikTok is no longer available in the United States—at least for now. But it’s not the only ByteDance-owned app that’s currently blocked for US-based users.. Shortly before the federally ...

Amazon among the companies vying to buy TikTok as the Saturday deadline for ByteDance to sell nears. According to the White House, several potential buyers have bid on the popular social media app ...