The plan entails spinning off a U.S. entity for TikTok and diluting Chinese ownership in the new business to below the 20% threshold required by U.S. law.

TikTok parent ByteDance (BDNCE) is valuing itself at around $300 billion after a recent buyback offer, the Wall Street ...

ByteDance Ltd. has offered to buy back employees’ shares at a price 3% above a previous exercise, aiming to boost morale while conveying confidence about the social media leader’s prospects.

ByteDance, the Chinese technology giant that owns TikTok, made an initial move into publishing digital books last year. Now the company’s publishing imprint, 8th Note Press, is planning to ...

TikTok asks Supreme Court to block ban 02:51. Washington — TikTok and its parent company ByteDance have asked the Supreme Court to temporarily pause a law that would ban the app in the U.S. as ...

That implies its equity is worth 3.2 times its 2022 sales, assuming ByteDance’s full-year revenue grows to $95 billion on the back of the same 54% year-on-year pace it achieved in the first quarter.

Sens. Marsha Blackburn and Richard Blumenthal are seeking information about TikTok’s executive transfers from ByteDance, its China-based parent company. In a letter sent to TikTok on Tuesday ...

ByteDance Ltd. has acquired Chinese earphone maker Oladance for around $50 million, its latest step toward developing wearable devices that could become the next home for its tech after smartphones.

TikTok owner ByteDance is collaborating with Broadcom (NASDAQ:AVGO) on developing an advanced AI processor, according to an exclusive Reuters report. The report stated that ByteDance is working on ...

As the deadline for a potential TikTok ban in the U.S. approaches, billionaire and former Los Angeles Dodgers owner Frank McCourt's Project Liberty confirmed making a formal offer to Bytedance ...

ByteDance reportedly scrapped it after sales of last year’s Pico 4 “fell far short of ByteDance’s expectations,” according to a report by The Information.The last headset still hasn’t ...

ByteDance appears to be using word lists to detect or suppress content about everything from TikTok rival YouTube to marginalized Uyghurs to 2024 presidential candidate Donald Trump.