The controversy stems from legislation passed in 2024 that required TikTok’s Chinese parent company, ByteDance, to sell the app to a U.S.-based entity or face a ban. After former President Joe Biden ...
TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...
In exploring what they stand to lose if ByteDance doesn’t secure an American buyer for TikTok, brands and influencers share how they've successfully used the platform.
As TikTok faces a potential ban, various bidders, including Elon Musk and Larry Ellison, are key contenders to buy the platform. Meanwhile, Netflix remains a possible option among streaming giants, ...
It’s a good bet that President Donald Trump cares a lot more about TikTok than Chinese President Xi Jinping does. That suggests the Chinese leader will have some bargaining leverage over Trump in ...
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