ByteDance plans to purchase about $5.6 billion in Huawei chips in 2026 after U.S. export rules blocked access to Nvidia ...
TikTok has posed two national security threats. First, TikTok and its owner ByteDance have repeatedly made promises about the ...
TikTok, which is owned by China’s ByteDance, has inked an agreement to sell a majority of its US business to three investors.
In 2020, a similar arrangement between ByteDance, Oracle and Walmart fell apart after China revised its export control list.
After six years, a new law, and a Supreme Court fight, ByteDance’s Project Texas may have won out after all. On Thursday, ...
Dec ‌18 (Reuters) - ​TikTok ‌has signed ​a ‍deal ​to ​sell its ⁠U.S. entity to ‌a joint ​venture ‌controlled ‍by American investors, ⁠Axios ​reported on Thursday, citing an internal memo. Copyright ...
TikTok may have dodged a US ban but unresolved questions about its algorithm could remain a source of tension in the broader ...
Under the deal, the new TikTok US company will be owned 50% by a group led by Oracle, private equity firm Silver Lake, and ...
The Chinese government would like to see companies reach solutions that comply with Chinese laws and regulations and balance ...
You would have thought HACC President John Sygielski was a movie star or the latest Tik Tok idol craze. Dozens upon dozens of Chinese youth crowded around him, wanting to take selfies and asking for ...
A number of investors are competing for the opportunity to purchase the app, and if a deal were to go through, the platform's ...