In a memo to staff reviewed by Reuters, TikTok CEO Shou Zi Chew confirmed that all US data “will be stored in a trusted and ...
Figure marks a record for China's tech giant, which will divest its US entity into a joint venture that includes Oracle and ...
The content recommendation algorithm that powers the online short video platform TikTok has once again come under the ...
A new U.S.-based joint venture would keep TikTok online while handing oversight of its algorithm and data security to some of ...
The deal comes more than a year after Congress passed a law that forced its owner ByteDance to divest its US operations or ...
ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media ...
A proposed deal involving TikTok’s US operations could assist the Byte-Dance owned platforms avoid a nationwide ban; however, ...
Going forward, nearly half of the new entity, TikTok USDS Joint Venture LLC, will be controlled by investors including Oracle ...