A new ownership structure limits ByteDance’s control, addresses US security concerns, and reduces the immediate risk of ...
ByteDance, the Chinese owner of TikTok, has signed agreements to transfer control of TikTok's US operations to investors, including Oracle, to evade a US ban. This move ends a long period of ...
The TikTok deal, signed pursuant to an executive order signed by US President Donald Trump on Sept. 25, specifies that the ...
ByteDance saw usage of its Doubao large language models (LLMs) rise more than tenfold this year, as more enterprises in China ...
A deal made to divest ByteDance's ownership of TikTok in the US has been confirmed. It's expected to be signed in late ...
Oracle, Silver Lake, and MGX each secured 15% stakes in the newly formed JV, while ByteDance retains 19.9% ownership of what ...
TikTok's Chinese owner, ByteDance, ‌signed binding agreements with three major investors to sell just over 80 per cent of the ...
ByteDance, TikTok's owner, has reached an agreement with major investors to form a joint venture for operating TikTok in the ...