To receive tech updates in your inbox, sign up to the newsletter ARPU. ByteDance, the parent company of TikTok, has assigned itself a valuation of approximately $300 billion in a recent share buyback ...
Shares of AI bellwether Nvidia Corp. (NVDA) surged by nearly 2% in afternoon trade on Monday after media reports suggested that TikTok-owner ByteDance has plans to shore up billions of dollars worth ...
Alibaba Group (NYSE:BABA), ByteDance, and other major Chinese technology firms are continuing to seek out Nvidia's (NASDAQ:NVDA) artificial intelligence chips despite Beijing's growing pressure to ...
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 acquire the short video app's U.S.
President Trump’s much touted TikTok deal could be facing a last-minute hitch – and it has to do with billionaires, taxes and China hawks in Congress, On The Money has learned. Billionaire Jeff Yass – ...
ByteDance Ltd. plans to install a new chief at subsidiary Shanghai Moonton Technology Co., after abandoning a plan to sell the most valuable gaming asset it had acquired to challenge Tencent Holdings ...