ByteDance

ByteDance's Doubao app - an all-in-one chatbot, photo and video tool - is now China's most popular mobile AI platform

ByteDance — the company behind TikTok — just launched Seedream 4.0, a lightning-fast AI image tool that’s making waves in the design world.

The rough estimate, cited by Vice President JD Vance on Thursday, is well below previous projections that scaled closer to $40 billion

In an order signed at the White House, Trump said the deal meets the 2024 law requiring ByteDance to divest control or face a nationwide ban in the US

A Canadian investigation found TikTok collected sensitive data from children and failed to block underage users; the company has agreed to improve safety and privacy measures

ByteDance will own less than 20% while TikTok US will be controlled by a mix of its existing US and global firms as well as a significant number of new investors who have no affiliation with ByteDance

US and China delegations are discussing the divestment from TikTok by Chinese owner Bytedance as part of a round of broader talks on tariffs and economic policy taking place in Madrid

TikTok remains banned in India, but ByteDance has posted two job openings at its Gurugram office, triggering speculation about the app's possible comeback

The latest buyback at a higher valuation will come as ByteDance consolidates its position as the world's largest social media company by revenue

Analysts say AI video tools could transform content creation by boosting efficiency and making production more accessible

The largest US lender released its first report on OpenAI, the company that spurred Wall Street's AI gold rush, according to an internal memo seen by Reuters

Last month, Trump extended the deadline to September 17 for China-based ByteDance to divest the US assets of TikTok

Meta and ByteDance have previously faced thousands of lawsuits, along with Snapchat, accusing the platforms of being addictive and causing harm to children, schools, and governments

President Trump has signed an executive order delaying the ban on TikTok for a third time, giving ByteDance 90 more days to secure a divestment deal

Even though the President did not mention which four companies are involved, he did mention that a 'lot of people want it' and 'all options were good'

It remains unclear if Tinsley and his investor group will be serious contenders for what are shaping up to be competitive and fast-evolving negotiations

Perplexity AI has presented a new proposal to TikTok's parent company that would allow the US government to own up to 50% of a new entity that merges Perplexity with TikTok's US business, according to a person familiar with the matter. The proposal, submitted last week, is a revision of a prior plan the artificial intelligence startup had presented to TikTok's parent ByteDance on Jan. 18, a day before the law that bans TikTok went into effect. The first proposal, which ByteDance hasn't responded to, sought to create a new structure that would merge San Francisco-based Perplexity with TikTok's US business and include investments from other investors. The new proposal would allow the U.S. government to own up to half of that new structure once it makes an initial public offering of at least $300 billion, said the person, who was not authorized to speak about the proposal. The person said Perplexity's proposal was revised based off of feedback from the Trump administration. If the pla

Earlier, Trump had expressed openness to Tesla CEO Elon Musk or Oracle Chairman Larry Ellison acquiring the Chinese social media platform

The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily data centres and networking equipment

Billionaire Frank McCourt, Shark Tank investor Kevin O'Leary, tech entrepreneur Jesse Tinsley and MrBeast have all expressed interest in TikTok