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 ...
A new report shows how advertisers have dramatically shifted their spending toward Meta, Google, Amazon, Microsoft, and ...
TikTok’s Chinese parent company will likely get about half of the profit from the platform’s US operation even after it sells majority ownership to American investors as part of a deal orchestrated by ...
House China Chair John Moolenaar (R-Mich.), chair of the House Select Committee on China, said Thursday that he has requested a detailed briefing on the proposed TikTok sale after reports that the new ...
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Treasury Secretary Scott Bessent said during a CBS interview that Presidents Donald Trump and Xi Jinping will likely approve a TikTok sale on Oct. 30.
Credit - An image created with Bytedance's AI tool Seedream, via the platform Kapwing, of Minions playing basketball. ByteDance's AI advancements are a prime example of how Chinese AI companies are ...
US Treasury Secretary Scott Bessent says China has approved the transfer agreement for TikTok US to move forward. China has approved the transfer agreement for TikTok, according to U.S. Treasury ...
NEW YORK/BEIJING, Sept 21 (Reuters) - ByteDance and Oracle Corp (ORCL.N), opens new tab issued conflicting statements on Monday over the terms of an agreement they reached with the White House over ...
ByteDance’s Doubao app has overtaken DeepSeek, proving that user-friendly design often matters more than having the most advanced AI model. Now, ByteDance has gotten its revenge. By August, Doubao ...