Under the proposed deal, ByteDance, TikTok's China-based owner, would retain a minority stake in the company, while Oracle would oversee the app's algorithm, data collection, and software updates.

ByteDance is exploring a deal that would keep TikTok running in the U.S. without selling its operations, Jack Sidders, Lisa Abramowicz, and Jonathan Ferro of Bloomberg reports, citing board member ...

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ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...

ByteDance, the parent company of TikTok and Douyin, will end the Lunar New Year tradition of giving red packets to employees from 2026, but will expand medical insurance for staff, according to an ...

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 ...

BEIJING (Reuters) -ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial ...

Operating under the Beijing-based firm’s Doubao AI model team, Seed Edge will focus on “exploring innovative paths” to artificial general intelligence (AGI) – software with humanlike ...

16, 2019 in San Francisco. Perplexity AI submitted an offer to ByteDance to merge the company with TikTok and New Capital Partners, in a deal that would allow for most of ByteDance’s investors ...