Some US staff received notices last week that they won’t join the new joint venture led by Oracle, Silver Lake and MGX, ...

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

ByteDance is preparing to raise its capex to CNY160 billion (approx. US$22.70 billion) in 2026, allocating over half of this amount, CNY85 billion, towards purchasing artificial intelligence chip ...

AI expansion goes global as ByteDance aims to compete ByteDance, the parent company of TikTok, is set to ramp up its AI investments significantly next year. The company plans to… AI expansion goes ...

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 ...

TikTok’s parent company ByteDance has reportedly reached a binding agreement to restructure the ownership of TikTok’s U.S. operations, marking a major step toward resolving long-standing national ...

TikTok's parent company, ByteDance (BDNCE) has preliminary plans to allocate about 160 billion yuan (~$22.77 billion) in capital expenditure for 2026, primarily targeting AI infrastructure development ...

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, ...

WASHINGTON/HONG KONG, Dec 19 (Reuters) - TikTok's Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app's U.S. operations to a group of investors, ...

TikTok CEO Shou Chew told employees of the social media app Thursday that its owner, China’s ByteDance, has signed binding agreements to create a joint venture for the app in the United States, as ...

TikTok is reportedly realigning its stateside staff ahead of the planned “TikTok USA” rollout – with certain team members ...

TikTok’s long-delayed plan to separate from Chinese parent ByteDance Ltd. was put in motion Thursday when the video sharing sensation said it’s being bought by a group of buyers led by Oracle Corp.