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TikTok parent ByteDance to keep 50% of profits after Trump-brokered sale of US division: report
TikTok’s Chinese owner is poised to keep roughly half the profits from the app’s US business — even after ceding majority ownership to US investors under a deal pushed by President Trump, according to ...
President Joe Biden passed legislation this spring that would ban the distribution of TikTok in the U.S., if the platform's parent company, ByteDance, doesn't sell it before Jan. 19, 2025. A federal ...
President-elect Trump has said he opposes a ban on TikTok. China-based ByteDance asked a federal court to temporarily halt the law requiring TikTok to be sold or banned by Jan. 19 until the Supreme ...
NEW YORK — TikTok's parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the ...
A federal appeals court panel upheld a law that could lead to a ban on TikTok in a few months, handing a resounding defeat to the popular social media platform as it fights for its survival in the U.S ...
A major shareholder of ByteDance, the Beijing-based owner of TikTok, said Wednesday he was confident that a deal will be reached to ensure the video-sharing app stays online in the US — and suggested ...
ByteDance, the Chinese company that owns TikTok, valued itself at $300 billion in a recent share buyback offer, according to a new report in The Wall Street Journal. That number might sound familiar, ...
ByteDance's cloud unit, Volcano Engine, has introduced China's most cost-effective AI coding agent, priced at just US$1.30 ...
Volcano Engine, the cloud unit of TikTok owner ByteDance, has launched a new coding agent priced at just 9.9 yuan (US$1.30) ...
In her new role as the platform’s chief liaison with the music industry, Gardner oversees deals with labels, publishers and the TikTok commercial music library and works closely with the platform’s ...
WASHINGTON (Reuters) -China-based ByteDance and its short-video app TikTok on Monday asked an appeals court to temporarily block a law that would require that parent company ByteDance divest TikTok by ...
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