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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 matter and a ...
The House of Representatives will block and remove all ByteDance apps from House-managed devices by Aug. 15, House Chief Administrative Officer Catherine Szpindor announced Tuesday in an internal ...
NEW YORK, March 21 (Reuters) - White House-led talks on the future of TikTok are coalescing around a plan for the biggest non-Chinese investors in parent company ByteDance to up their stakes and ...
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Exclusive-TikTok owner ByteDance sets valuation at over $330 billion as revenue grows, sources say
HONG KONG (Reuters) -ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant at more than $330 billion, driven by ...
As TikTok fights to keep its popular video app available in the US, investors in parent company ByteDance Ltd. are being forced to re-evaluate financial prospects for a business valued at more than ...
After rumors swirled that TikTok owner ByteDance had lost tens of millions after an intern sabotaged its AI models, ByteDance issued a statement this weekend hoping to silence all the social media ...
TL;DR: Broadcom's ByteDance AI accelerator project was canceled amid tightened US semiconductor restrictions on China. Broadcom has reportedly seen its huge ByteDance project canceled, after the ...
ByteDance has sued a former intern for $1.1 million, per Chinese media reports. The TikTok owner claims he sabotaged an AI model training project by modifying code. The company has a chatbot similar ...
Content creators are flocking to a new social media platform in anticipation of a ban on TikTok that may be implemented in less than two weeks. However, the two apps are owned by the same Chinese ...
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TikTok owner ByteDance sets valuation at over $330 billion as revenue grows, sources say
HONG KONG (Reuters) -ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant at more than $330 billion, driven by ...
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