A number of investors are competing for the opportunity to purchase the app, and if a deal were to go through, the platform's U.S. business could have its valuation soar to upward of $60 billion.

TikTok’s long running fight with Washington has ended not with a ban, but with a forced corporate makeover that keeps the app ...

TikTok’s Chinese owner, ByteDance, signed binding agreements with three major investors to sell just over 80% of the company’s US assets to American and global investors to avoid a US government ban, ...

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 ...

After a year of stalled negotiations, TikTok owner ByteDance has reportedly agreed to Donald Trump’s deal giving US owners majority ownership of the app. By signing the agreements, ByteDance has ended ...

A deal between the U.S. and China over the ownership of TikTok includes new stipulations over who controls the social media company's algorithm, a closely guarded secret which has proved to be a major ...

WASHINGTON -- The White House on Sunday reiterated support for a controversial bill meant to cut China's ties to TikTok by forcing the popular app's Chinese parent company to sell it -- or face a ban ...

WASHINGTON, DC - MARCH 13: Participants hold signs in support of TikTok outside the U.S. Capitol Building on March 13, 2024 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) From President ...

CODEPINK co-founders Medea Benjamin and Jodie Evans call on TikTokers across the world to flood the platform for Palestine to #TakeBackTikTok from ...

(Bloomberg/Echo Wong and Min Jeong Lee) — ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into ...

Venture capital firm HSG, formerly Sequoia Capital China, is raising a continuation fund that will take over some of its ...