Tag: ByteDance
ByteDance abandons plan to sell TikTok in US: Reports
ByteDance will not be selling TikTok in the US and is in search of a deal with tech company Oracle that it hopes would...
TikTok: China prefers shutdown than forced sale in US
According to reports, China is not in favor of a forced sale of the popular video sharing app TikTok’s US operation.
In fact, they would...
ByteDance attempts to avoid full sale of TikTok: In discussion with...
China's ByteDance is in talks with the US government about possible solutions that may allow it to maintain some ownership of the popular video...
Walmart and Microsoft team up to bid for TikTok in the...
Walmart, the multinational retail giant, said it was joining Microsoft in bidding for the US operations of TikTok, the popular social media platform.
The US...
TikTok will legally battle the US order banning the app
TikTok is planning to challenge President Donald Trump's executive order to ban transactions with the popular short-video app and its Chinese parent ByteDance as...
Respite for TikTok as Trump extends deadline to divest US operations
President Trump released an executive order that would give ByteDance a new deadline of 90 days to either sell or spin off its US...
Will Reliance rescue TikTok’s Indian unit?
Chinese giant ByteDance is engaging in early discussions with Reliance Industries Limited, the parent company of India's telecom giant Jio Platforms, to financially support...
TikTok-owner ByteDance’s valuation surpassed $100 billion in private markets
ByteDance, the Chinese company behind internet sensation TikTok, is now worth more than $100 billion.
ByteDance’s valuation has increased at least by a third to...