(Bloomberg) -- 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 ...
ByteDance Ltd., the owner of TikTok, has reportedly seen its valuation climb past $400 billion, driven by major investors like SoftBank Group SFTBF SFTBY, Fidelity, and T. Rowe Price TROW.
The AI-supported search engine start-up Perplexity AI is aiming for an IPO in 2028 and has set itself ambitious sales targets ...
Tencent (OTCPK:TCEHY), Alibaba (NYSE:BABA), and ByteDance (BDNCE) have "significantly increased" orders of the H20 - a chip specific to China due to U.S. export controls - since the Chinese AI ...
TikTok owner ByteDance is restructuring its artificial intelligence (AI) department after having poached an expert from Google to lead foundation research, according to employees of the Chinese ...
Shares of Chinese tech giant Baidu were trading up 10% in trading in Asia, as investors reacted positively to a spate of AI ...
Tech giant Oracle (ORCL) has emerged as a top candidate to help run TikTok as part of a deal being put together by President Trump in order to ...
The roughly 170 million users on TikTok have content brought to them from a unique algorithm owned by ByteDance, alarming US officials who have noted its ability to hoover up US users’ data and ...