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Page 10 - Bytedance

US investors, Oracle set to own majority stake in TikTok Global: Report

The U.S. Treasury submitted a revised term sheet to ByteDance late Wednesday to address national security concerns that was agreed to by the Chinese parent of TikTok

US investors, Oracle set to own majority stake in TikTok Global: Report
Updated On : 18 Sep 2020 | 12:16 AM IST

Top headlines: GST cut for auto sector unlikely, Happiest Minds IPO shines

Business Standard brings you the top headlines of the day

Top headlines: GST cut for auto sector unlikely, Happiest Minds IPO shines
Updated On : 17 Sep 2020 | 5:00 PM IST

ByteDance says China will have to approve TikTok's proposed Oracle deal

China will need to approve ByteDance's proposed deal with Oracle Corp for its TikTok app, the company has said on Thursday, indicating how its bid to stave off a ban in US could be further complicated

ByteDance says China will have to approve TikTok's proposed Oracle deal
Updated On : 17 Sep 2020 | 3:24 PM IST

ByteDance rival Kuaishou aims to raise up to $5 billion in HK IPO: Report

Kuaishou has hired Bank of America, China Renaissance and Morgan Stanley to work on the IPO and is looking to file for the float as soon as the end of October

ByteDance rival Kuaishou aims to raise up to $5 billion in HK IPO: Report
Updated On : 17 Sep 2020 | 11:34 AM IST

ByteDance to place TikTok's global headquarters in US to escape Trump ban

China's ByteDance has decided to place the headquarters of its popular video platform app TikTok in the US in order to escape President Donald Trump's ban, official media here reported on Wednesday

ByteDance to place TikTok's global headquarters in US to escape Trump ban
Updated On : 16 Sep 2020 | 9:46 PM IST

Trump reviews ByteDance's plan to keep majority stake in TikTok: Report

Trump has ordered ByteDance to divest TikTok amid US concerns that user data could be passed to China's Communist Party government

Trump reviews ByteDance's plan to keep majority stake in TikTok: Report
Updated On : 16 Sep 2020 | 2:47 AM IST

Caught in US-China tussle, middle path is main strategy for TikTok

ByteDance's carefully designed proposal and the shifting views of Mr Trump's advisers indicate how they are more willing to compromise to mitigate an increasingly fractious situation

Caught in US-China tussle, middle path is main strategy for TikTok
Updated On : 15 Sep 2020 | 9:16 PM IST

To avoid TikTok's sale in US, ByteDance partners with Oracle: Report

Microsoft loses out; Chinese media stresses American operations won't be sold to any firm

To avoid TikTok's sale in US, ByteDance partners with Oracle: Report
Updated On : 15 Sep 2020 | 1:44 AM IST

Oracle confirms it is part of proposal by TikTok-parent ByteDance

Oracle Corp confirmed on Monday that it was part of a proposal made by TikTok-parent ByteDance to the US government to become a technology partner for the Chinese firm

Oracle confirms it is part of proposal by TikTok-parent ByteDance
Updated On : 14 Sep 2020 | 8:01 PM IST

Oracle to take charge of TikTok's US biz; may help ByteDance avoid ban

Microsoft announced Sunday that its bid to buy TikTok has been rejected

Oracle to take charge of TikTok's US biz; may help ByteDance avoid ban
Updated On : 14 Sep 2020 | 9:00 AM IST

Won't sell or transfer TikTok's algorithm to US, says ByteDance

South China Morning Post reported that ByteDance has reportedly informed the US authorities and potential bidders of the decision

Won't sell or transfer TikTok's algorithm to US, says ByteDance
Updated On : 14 Sep 2020 | 2:49 AM IST

China would rather see TikTok US close than a forced sale by ByteDance

Trump has given ByteDance a deadline of mid September to finalise a deal

China would rather see TikTok US close than a forced sale by ByteDance
Updated On : 12 Sep 2020 | 9:19 PM IST

Donald Trump's TikTok ban leaves Apple, Google stuck in the middle

ByteDance, TikTok's Chinese owner, may need more time to negotiate with suitors after new regulations from Beijing complicated the deal

Donald Trump's TikTok ban leaves Apple, Google stuck in the middle
Updated On : 12 Sep 2020 | 2:57 AM IST

As Trump stays firm on TikTok ban deadline, ByteDance eyes Singapore

ByteDance has also stepped up the purchase of servers in global trade and transport hub Singapore to back up US data as a contingency

As Trump stays firm on TikTok ban deadline, ByteDance eyes Singapore
Updated On : 12 Sep 2020 | 2:52 AM IST

TikTok owner ByteDance to invest billions in Singapore over 3 years: Report

TikTok owner ByteDance plans to invest billions of dollars and recruit hundreds of employees in Singapore after opting to base its Southeast Asia regional headquarters there

TikTok owner ByteDance to invest billions in Singapore over 3 years: Report
Updated On : 11 Sep 2020 | 6:57 PM IST

ByteDance to invest billions, hire hundreds in Singapore in 3 yrs: Report

A company source said TikTok had moved some engineers to Singapore from China, starting this year

ByteDance to invest billions, hire hundreds in Singapore in 3 yrs: Report
Updated On : 11 Sep 2020 | 12:02 PM IST

Donald Trump says there will be no extension of TikTok deadline

ByteDance has been looking to pick a buyer so it can finalize a deal by mid-September and comply with Trump's order to divest TikTok's assets

Donald Trump says there will be no extension of TikTok deadline
Updated On : 11 Sep 2020 | 8:22 AM IST

ByteDance in talks with US to avoid selling TikTok, says report

TikTok, which has been downloaded 175 million times in the US and more than a billion times around the world, has filed a lawsuit challenging the crackdown by the US government

ByteDance in talks with US to avoid selling TikTok, says report
Updated On : 11 Sep 2020 | 2:06 AM IST

ByteDance to hand out cash bonuses to staff amid US pressure on TikTok

The bonus could run into hundreds of millions of yuan, based on ByteDance's hiring advertisements and company sources

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Updated On : 08 Sep 2020 | 12:47 PM IST

How TikTok row may build a bridge between Beijing and ByteDance founder

China entered the fray on August 28, by revising a tech export control list that experts said would give them regulatory oversight over any TikTok deal

How TikTok row may build a bridge between Beijing and ByteDance founder
Updated On : 05 Sep 2020 | 4:39 PM IST