We have a buyer for TikTok, by the way. Very wealthy people. It’s a group of wealthy people,” Trump said during an interview ...

TikTok CEO Shou Zi Chew has insisted that ByteDance does not have access to US user data. AP. In response to Ryan’s claims, a TikTok spokesperson also insisted to Fortune that all of TikTok’s ...

But TikTok is ultimately owned, through a complex multi-layered corporate structure, by ByteDance, ... One session in 2018 was joined by Zhang Yiming and his management team, ...

That could translate to a payout of $12 billion to $90 billion for ByteDance’s global institutional investors, though they could get less than 60% depending on the deal’s structure.

If ByteDance remains in charge of TikTok, we’ll be facing another underappreciated set of risks: a future plagued by legal chaos and shareholder lawsuits that would hurt U.S. consumers and ...

The app’s 170 million American users would still have access, but ByteDance has warned that it may shut down services completely. A sale could still save TikTok, and there are several interested ...

U.S. search engine startup Perplexity AI submitted a bid on Saturday to TikTok's Chinese parent ByteDance for Perplexity to merge with TikTok U.S., a source familiar with the company's plans told ...

The TikTok owner fired — and then sued — an intern for ‘deliberately sabotaging’ its LLM. This sounds more like a management failure, and a lesson for IT that LLM guardrails are a joke.

ByteDance behind on AI. ByteDance started 2024 by confronting the hard truth that it had fallen behind rivals in the AI race, Bloomberg reported.At an all-staff meeting, ByteDance co-founder and ...

ByteDance Ltd., the Chinese owner of TikTok, is preparing to refinance a $5 billion loan by another three years, people familiar with the matter said, in what would be one of the largest such ...