The TikTok logo is displayed on a smartphone with owner ByteDance's name in the background. Investors are keen on ByteDance's AI potential. ByteDance cofounder Zhang Yiming has become China’s ...

A group formed by billionaire entrepreneur and former Los Angeles Dodgers owner Frank McCourt has made a formal offer to buy TikTok from its China-based parent company, ByteDance.

White House-led talks on the future of TikTok are coalescing around a plan for the biggest non-Chinese investors in parent company ByteDance to up their stakes and acquire the short video app's U ...