An executive from Chinese social media giant ByteDance played down the role of its content-recommendation algorithms in creating so-called filter bubbles, as the company faces intense scrutiny from ...
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TikTok parent ByteDance to keep 50% of profits after Trump-brokered sale of US division: report
TikTok’s Chinese owner is poised to keep roughly half the profits from the app’s US business — even after ceding majority ownership to US investors under a deal pushed by President Trump, according to ...
President Joe Biden passed legislation this spring that would ban the distribution of TikTok in the U.S., if the platform's parent company, ByteDance, doesn't sell it before Jan. 19, 2025. A federal ...
President-elect Trump has said he opposes a ban on TikTok. China-based ByteDance asked a federal court to temporarily halt the law requiring TikTok to be sold or banned by Jan. 19 until the Supreme ...
A federal appeals court panel upheld a law that could lead to a ban on TikTok in a few months, handing a resounding defeat to the popular social media platform as it fights for its survival in the U.S ...
According to U.S. national security law, Beijing-based ByteDance must sell TikTok's U.S. operations or effectively be banned in the country. China has yet to approve terms of a deal that would allow a ...
A major shareholder of ByteDance, the Beijing-based owner of TikTok, said Wednesday he was confident that a deal will be reached to ensure the video-sharing app stays online in the US — and suggested ...
HONG KONG (Reuters) -ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant at more than $330 billion, driven by ...
In her new role as the platform’s chief liaison with the music industry, Gardner oversees deals with labels, publishers and the TikTok commercial music library and works closely with the platform’s ...
Editor’s Note: This story has been updated to include a comment from a ByteDance spokesperson. TikTok-parent ByteDance has reportedly become the largest buyer of Nvidia Corporation (NASDAQ:NVDA) chips ...
General Atlantic CEO and ByteDance board member Bill Ford said Wednesday that he believes TikTok soon will reach a deal to remain in the U.S. “It’s in everybody’s interest,” Ford said at an Axios ...
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