ByteDance

ByteDance-owned short-form video app TikTok will operate as a standalone company based in the United States encompassing its entire global operations, where Oracle Corporation (NYSE: ORCL) would hold a minority stake, the Financial Times reported Tuesday. What Happened: Oracle will also have a...

Oracle Corporation (NYSE: ORCL) shares were up 5% on Monday after the company confirmed a deal with TikTok parent company ByteDance to become the company’s “trusted technology provider.” The new deal between TikTok and Oracle comes after Microsoft Corporation (NASDAQ: MSFT) said...

After filing a lawsuit against President Donald Trump's administration, Chinese technology company ByteDance is planning to expand its operations in Singapore. Over the next three years, the company might invest billions and hire thousands of employees in the region, Reuters...

China’s ByteDance Ltd, the parent company of TikTok, is in talks with the United States government with the aim of retaining part ownership of the short-form video app, the Wall Street Journal reported Wednesday. What Happened: Discussions revolve around multiple options, including a sale or...

Breakout social media platform TikTok is in the middle of a bidding war after President Donald Trump said he is banning U.S. transactions on TikTok starting on Sept. 20 unless Chinese parent company ByteDance finds an American buyer for the company by that date. A TikTok sale is reportedly...

TikTok owner ByteDance insists it hasn't received a bid offer from smaller rival Triller, but Triller insists it has "confirmation" of a submitted offer, Chairman Bobby Sarnevesht said on CNBC's "Squawk Box Asia." Bid Offer Went 'Pretty High Up': ByteDance...

ByteDance-owned video-sharing app TikTok maintains that it never received a buyout offer from rival Triller and London-based Centricus Asset Management, as claimed by the latter two, according to CNBC. What Happened: “We can confirm that we are not and will not be in talks with them....

What Happened: Chinese authorities have imposed new regulations on technology exports which could complicate matters for the TikTok deal, The Wall Street Journal reported on Saturday. As per the latest directives from the Chinese authorities, computing and data-processing technologies, voice...

TikTok CEO Kevin Mayer said in an internal memo that he is resigning as the head of the short-form video app, the Financial Times reported Thursday. What Happened: Mayer, a former executive at Walt Disney Co (NYSE: DIS), made the decision to leave TikTok after President Donald...

Two major investors in TikTok parent company ByteDance are lending support to Oracle Corp’s (NYSE: ORCL) purchase of the short-form video app, with the intent of being a part of a deal, the Wall Street Journal reported Monday. What Happened: General Atlantic and Sequoia Capital...

Facebook Inc (NASDAQ: FB) CEO Mark Zuckerberg raised the issue of Chinese companies threatening American businesses at a White House dinner last October, and discussed TikTok with multiple senators, the Wall Street Journal reported Sunday. What Happened: The social media company executive...

Oracle Corporation (NYSE: ORCL) has expressed interest to acquire the business of China-based ByteDance's social media platform TikTok in the United States and other major markets including Canada, Australia and New Zealand, according to a Financial Times report Monday. What...

What Happened: President Donald Trump on Friday gave a 90-day ultimatum to ByteDance to divest the U.S. operations of its video-sharing app, TikTok. On Aug. 6, the president had signed an executive order which barred all U.S. companies to have any form of dealings with ByteDance and...

Twitter Inc. (NYSE: TWTR) held preliminary discussions with China’s ByteDance Ltd. for a potential merger with the latter’s short-form video platform TikTok in the United States, according to a Wall Street Journal report Saturday. What Happened: Twitter’s market valuation is too...