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Tech industry
fromwww.engadget.com
1 week ago

We have more details on the TikTok deal, including some ownership statistics

TikTok's U.S. business will be spun off with ownership split among Oracle, Silver Lake, MGX, and ByteDance, U.S. operations overseen by an American-majority board.
Tech industry
fromBloomberg.com
1 week ago

TikTok Owner ByteDance on Track for $50 Billion Profit in 2025

ByteDance is on track to earn roughly $50 billion in profits in 2025, driven by e-commerce growth and expansion into new markets.
more#tiktok
#tiktok-sale
fromAxios
1 week ago
US politics

Scoop: TikTok signs deal for sale of U.S. unit after years-long saga

fromAxios
1 week ago
US politics

Scoop: TikTok signs deal for sale of U.S. unit after years-long saga

more#tiktok-sale
#tiktok-divestment
more#tiktok-divestment
Digital life
fromCaixinglobal
1 month ago

Cover Story: China's Micro-Dramas Steal the Show and Momentum Seems Unstoppable

China's micro-drama industry is approaching the 100-billion-yuan ($14.05B) mark after about five years of rapid growth.
Artificial intelligence
fromWIRED
2 months ago

ByteDance's Other AI Chatbot Is Quietly Gaining Traction Around the World

ByteDance’s Cici is an overseas counterpart to Doubao, region‑locked, heavily marketed in the UK, Mexico and Southeast Asia, and rapidly climbing app-store charts.
Artificial intelligence
fromWIRED
2 months ago

How ByteDance Made China's Most Popular AI Chatbot

Doubao reclaimed China's top AI app spot with over 157 million monthly users, surpassing DeepSeek and ranking among the top global generative AI apps.
#tiktok-valuation
more#tiktok-valuation
#tiktok-divestiture
more#tiktok-divestiture
fromFortune
3 months ago

TikTok's CEO used to work for Mark Zuckerberg as a Facebook intern. Just one decade later, he's become one of Meta's fiercest competitors | Fortune

Shou Zi Chew may be the CEO of Mark Zuckerberg's biggest competitor, TikTok, but at the start of his career, he worked for Zuckerberg as an intern at Facebook. The Singapore native earned an economics degree from University College London before getting his MBA at Harvard Business School, where during the summer he interned at an up-and-coming company: "It was called Facebook," Chew told Harvard's Business School alumni website.
Social media marketing
#tiktok-acquisition
more#tiktok-acquisition
fromwww.bbc.com
3 months ago

Trump and Xi to meet in South Korea as TikTok deal approved

US president Donald Trump said he plans to meet Chinese Premier Xi Jinping in South Korea next month following a phone call in which the Chinese leader also approved of a deal to take control of TikTok's US operations. Trump wrote on Truth Social the call was "productive" and the approval was "appreciated", adding that he would travel to China next year after the two meet.
US politics
US news
fromwww.npr.org
3 months ago

Trump says talk with China's Xi yielded progress, including on TikTok

U.S. and China reached progress on a TikTok ownership framework, with leaders planning meetings and ByteDance committing to keep TikTok available for American users.
US politics
fromenglish.elpais.com
3 months ago

Trump announces framework' for deal with China to allow TikTok to keep operating in the US

U.S. and China reached a framework in Madrid to separate TikTok from ByteDance, pending final approval by Presidents Trump and Xi.
Business
fromBusiness Insider
3 months ago

TikTok's parent company ByteDance is valuing itself at $330 billion. One big investor thinks it's worth even more.

Fidelity values ByteDance at over $385 billion, about 17% higher than ByteDance's $330 billion self-valuation.
World news
fromHer Campus
3 months ago

Wait, Is TikTok Coming Back To India?

TikTok was banned in India in 2020, displacing creators and market share to Reels and Shorts amid 2025 rumors of a potential comeback.
Business
fromMyrtle Beach Sun News
3 months ago

This tech giant just surpassed Instagram parent Meta for the first time

Bytedance surpassed Meta in quarterly revenue, driven largely by Douyin's advertising, live-streaming, and ecommerce dominance in China.
Startup companies
fromwww.theguardian.com
4 months ago

TikTok owner set to launch share buyback valuing company at $330bn

ByteDance will launch an employee share buyback valuing the company above $330bn and offering employees $200.41 per share amid strong revenue growth.
Tech industry
fromBusiness Insider
5 months ago

TikTok's message to managers: Don't 'be nice' during performance reviews

TikTok prioritizes performance evaluation over being nice, enforcing strict rating systems despite potential internal conflicts.
Gadgets
fromFortune
5 months ago

TikTok owner ByteDance reportedly explores its own mix-used headset

ByteDance is building a mixed-reality headset to compete with major technology companies.
#capcut
more#capcut
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