The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.

TikTok owner ByteDance plans to spend more than $12bn on artificial intelligence infrastructure this year, betting on the ...

Morgan Stanley (NYSE:MS) reiterated its Equal-weight rating on Softbank (OTC:SFTBY) Group Corp. (9984:JP) (OTC: SFTBY) and maintained a price target of JPY9,000.00. The firm also highlighted Softbank ...

TikTok parent ByteDance is asking Chinese employees at its Singapore headquarters to pay tax to their home country or risk ...

President Trump’s decision to allow TikTok to remain in the U.S., despite national security concerns, has raised questions ...

Beike maintains low gearing, with lease liabilities accounting for most of the debt. With reduced headwinds in home sales, Beike saw a pickup in operating cash flow, as operating margins have turned ...

Citi authorized a $20 billion share buyback program, equating to ~13% of its market cap, and announced $1.5 billion in planned buybacks. Services revenue grew 15% YoY, delivering a ~30% RoTCE in ...

For more information regarding transactions under the previously announced share buyback program in Sweden, including aggregated volume, weighted average price per share and total transaction value ...

The Ordinary Shares were acquired through Cavendish Capital Markets Limited, pursuant to the Company's Buyback Programme on the AIM market as announced on 19 November 2024 and will be reclassified ...

Chinese ByteDance plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home.

ByteDance (BDNCE) board member Bill Ford said the TikTok parent is exploring a deal to keep the short video app running in America without selling its operations there.