The future of TikTok in the United States is edging closer to a resolution, as President Donald Trump confirmed over the weekend that media moguls Rupert and Lachlan Murdoch may be part of the investor group taking control of the app’s U.S. operations.
ByteDance Ltd., the Chinese technology conglomerate behind TikTok, plans to buy back employee stock at a valuation of approximately $312 billion.
Apple and Google are restoring TikTok to their app stores nearly a month after a federal ban temporarily...
President-elect Donald Trump has declared his intention for Chinese-owned short-form video app TikTok to be at least 50%...
Apple and Google have removed TikTok from their app stores, complying with a U.S. law requiring ByteDance, TikTok’s...
A consortium led by billionaire Frank McCourt, former owner of the Los Angeles Dodgers, has submitted a formal bid to acquire TikTok’s U.S. operations.
Bytedance’s short video platform, TikTok, said it removed 2.1 million videos posted by Nigerian users in the third quarter of 2024 for violating its content policy.
The United States Court of Appeals for the District of Columbia Circuit has rejected TikTok’s emergency motion to temporarily halt a law that could see the app banned in the US unless its Chinese parent company, ByteDance, divests from it.
American content creators on TikTok have begun directing their followers to rival platforms such as Meta’s Instagram and Alphabet’s YouTube after a federal appeals court ruled that the social media app could face a ban if it is not sold to a U.S.-based company by January 19.
ByteDance, the parent company of TikTok, has set its valuation at approximately $300 billion.
Zhang Yiming, founder of ByteDance and architect behind TikTok and Douyin, has ascended to the top of China's wealth ladder for the first time, securing the number-one position on the Hurun China Rich List for 2024.
TikTok, the popular social media platform owned by China's ByteDance, has announced the layoff of hundreds of employees from its global workforce, including a significant number in Malaysia.
