ByteDance

The ongoing negotiations over TikTok's U.S. operations have been delayed after China signaled its opposition to the proposed sale. President Donald Trump has extended the deadline for ByteDance's divestment due to the tariff hikes. What Happened: On Friday, President Trump announced an extension of...

On Thursday, President Donald Trump confirmed that the U.S. is nearing a deal to spare TikTok from a potential ban, with ongoing discussions involving multiple investors and a possible tariff agreement with China. What Happened: During remarks aboard Air Force One, Trump said, “We're very...

Chinese tech giants ByteDance, Alibaba Group (NYSE:BABA), and Tencent Holdings (OTC:TCEHY) have reportedly placed over $16 billion in orders for Nvidia Corporation’s (NASDAQ:NVDA) H20 server chips in the first quarter of 2025. What Happened: ByteDance, Alibaba, and Tencent are collectively...

Tim Stokely, the founder of OnlyFans, and a cryptocurrency foundation have joined forces to place a late-stage bid for the acquisition of TikTok’s U.S. operations from ByteDance. What Happened: The bid was put forth this week by Zoop, Stokely’s latest venture, and the HBAR...

President Donald Trump told reporters on Sunday that an agreement to sell TikTok’s U.S. operations to a non-Chinese buyer is expected to be finalized before the April 5 deadline.  The Details: President Trump set the Saturday deadline for a sale in January under a 2024 law requiring ByteDance...

President Donald Trump could consider offering tariff relief to China to help finalize a sale of TikTok, as the clock ticks toward a government-imposed deadline for its parent company, ByteDance, to divest the app. What Happened: Speaking to reporters on Wednesday, Trump said he was open to...

Oracle Corp. (NYSE:ORCL)  is reportedly in advanced talks with the White House to oversee the U.S. operations of TikTok, as concerns continue to mount over the app’s Chinese origins. What Happened: Vice President JD Vance and National Security Adviser Mike Waltz are spearheading the...

The Trump administration is reportedly in discussions with four different groups regarding the sale of the Chinese short video platform, TikTok. What Happened: On Sunday, U.S. President Donald Trump confirmed that his administration was communicating with four different groups regarding the...

Chinese tech giants Tencent Holdings (OTC:TCEHY), Alibaba Group Holdings Ltd (NYSE:BABA), and ByteDance have significantly increased orders for Nvidia Corporation's (NASDAQ:NVDA) H20 AI chips, as the rise of DeepSeek's low-cost AI models drives a surge in demand for AI computing power. What...

ByteDance Ltd., the owner of TikTok, has reportedly seen its valuation climb past $400 billion, driven by major investors like SoftBank Group (OTC:SFTBF) (OTC:SFTBY), Fidelity, and T. Rowe Price (NASDAQ:TROW). What Happened: At least three major investors have marked up ByteDance's valuation, with...

Vice President J.D. Vance is being put in charge of overseeing a deal to save TikTok after President Donald Trump changed his mind and decided to temporarily save the Chinese social media app. What Happened: Vance, who is a former venture capitalist, is being tasked with helping land the best deal...

Negotiations over the sale of TikTok's U.S. operations appear to be at an impasse as its Chinese parent company, ByteDance, delays progress while awaiting a green light from Beijing. President Donald Trump's numerous corporate allies are racing to broker a deal with an American buyer. China,...

A group of U.S. investors, with backing from YouTube star Jimmy Donaldson, also known as MrBeast, has amassed over $20 billion to bid for TikTok. What Happened: The group, led by tech entrepreneur Jesse Tinsley, includes Roblox Corp. (NYSE:RBLX) CEO David Baszucki and Anchorage Digital CEO Nathan...

Jeff Bezos-backed Perplexity AI has reportedly submitted a revised proposal to merge with TikTok's U.S. business, offering the U.S. government a 50% stake in the new entity. What Happened: The new plan, submitted to TikTok's parent company, ByteDance last week, allows the U.S. government to own up...

App stores from Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL) and Apple Inc (NASDAQ:AAPL) currently don’t allow users to download TikTok due to uncertainty about whether it will be permanently banned in the U.S. But a person without TikTok has at least one route to getting the app. What Happened: As...