TechJuice

ByteDance Agrees to Sell TikTok to U.S. Business Investment Partners

TikTok will now be owned by American investors including Oracle, Silver Lake and MGX under a new joint venture agreement in ...

TikTok reaches a deal with investors on its US business

The deal comes more than a year after Congress passed a law that forced its owner ByteDance to divest its US operations or ...
Yicai Global

ByteDance to Have Largest Single Stake in New TikTok US Security JV and Keep Algorithm IP

The TikTok deal, signed pursuant to an executive order signed by US President Donald Trump on Sept. 25, specifies that the ...

TikTok Strikes Deal to Offload US Operations

Oracle, Silver Lake, and MGX each secured 15% stakes in the newly formed JV, while ByteDance retains 19.9% ownership of what ...

Wall Street Breakfast Podcast: TikTok's U.S. Survival Plan Is Locked In

TikTok agrees to new joint U.S. venture. Instacart settles FTC claim over deceptive practices. Nike targets double-digit EBIT ...

China’s ByteDance could be forced to sell TikTok U.S., but its quiet lead in AI will help it survive—and maybe even thrive

To keep its advantage in the AI race, ByteDance needs access to powerful AI chips. Media reports claim ByteDance is the largest purchaser of Nvidia chips inside China and that it has explored ...

ByteDance AI model usage grows over tenfold amid increased Chinese enterprise adoption

ByteDance saw usage of its Doubao large language models (LLMs) rise more than tenfold this year, as more enterprises in China ...
PCMag

TikTok Deal Is Happening, Plans to Retrain US Algorithm Confirmed

A deal made to divest ByteDance's ownership of TikTok in the US has been confirmed. It's expected to be signed in late ...