ByteDance

TikTok's future remains murky as the U.S. heads into a new presidential administration still with no final sale. What Happened: The Trump administration did not extend the Friday night deadline for the forced sale of TikTok's U.S. assets, following two previous extentions. But the Treasury...

ByteDance has filed a petition in the D.C. Circuit Court of Appeals to extend the Nov. 12 deadline of a forced sale to Walmart Inc (NYSE: WMT) and Oracle Corporation  (NYSE: ORCL), the Wall Street Journal reports. What Happened: The TikTok...

Analysts are out with their reaction to Fastly Inc's (NYSE: FSLY) preliminary third-quarter earnings and the subsequent 30% drop in share price. Credit Suisse analyst Brad Zelnick maintains an Outperform rating on Fastly and lowers his price target from $110 to $100. Raymond James...

"Dreams" is making money for Stevie Nicks even while she's in isolation.  A viral TikTok video has Fleetwood Mac surging up the music charts and has provided some free publicity for Ocean Spray. What Happened? A TikTok clip showing a longboarding man drinking Ocean Spray...

A federal ruling is expected to be announced tonight on whether downloads of the video-sharing app TikTok will be banned throughout the U.S. A hearing took place Sunday morning at 9:30 a.m. EST before U.S. District Judge Carl Nichols in Washington. During the ninety-minute...

TikTok may have secured legal respite against the ban on its U.S. operations after U.S. District Judge Carl Nichols on Thursday asked President Donald Trump's administration to either file a response to TikTok's injunction by 2:30 p.m. ET Friday, or delay the ban that goes into effect...

ByteDance has applied for an export license from China's regulator, as it moves ahead with a deal involving Oracle Corporation (NASDAQ: ORCL) and Walmart Inc (NYSE: WMT) taking 12.5% and 7.5% stake respectively in subsidiary TikTok Global's U.S. operations, reports CNBC. What Happened:...

The ongoing saga between China and the United States over how data collected is now shifting from TikTok to gaming companies.  What Happened: Chinese gaming companies are being scrutinized by the U.S. government, according to a Thursday Bloomberg report.  Tencent (Pink: TCEHY), the world...

ByteDance is shooting down the U.S. optimism surrounding the TikTok deal with Walmart Inc (NYSE: WMT), and Oracle Corporation (NYSE: ORCL). What Happened: Neither U.S. company will not gain ownership rights for TikTok’s video recommendation algorithms or the technology that powers...

President Donald Trump suggested Saturday that the TikTok deal he gave his "blessing" to involved a $5 billion education fund for the United States, but ByteDance claims it didn't hear of this until media reports emerged. What Happened: “They are going to pay $5bn into a...

The drama over the fate of popular Chinese-owned social media platform TikTok is ongoing Friday, with the U.S. Commerce Department announcing that it will ban U.S. business transactions on TikTok starting Sunday. What Happened? Chinese-owned TikTok and WeChat will seemingly no longer be able...

ByteDance plans to take TikTok public in the United States after it forms a partnership with Oracle Inc (NYSE: ORCL), the Financial Times reported Wednesday. What Happened: The Chinese parent of TikTok made a commitment to list the short-form video app's shares in the U.S. as a part of its...

Trump Administration wants investors from the United States to hold a majority stake in ByteDance-owned short-form video app TikTok, the Wall Street Journal reported Wednesday. What Happened: The Beijing-based company is partnering with Oracle Corporation (NYSE: ORCL) to form a new U.S.-based firm...