Under the proposed deal, ByteDance, TikTok's China-based owner, would retain a minority stake in the company, while Oracle would oversee the app's algorithm, data collection, and software updates.

ByteDance, the parent company of TikTok and Douyin, will discontinue its Lunar New Year “lucky money” tradition for employees starting in 2026 but plans to enhance their medical insurance cover.

Operating under the Beijing-based firm’s Doubao AI model team, Seed Edge will focus on “exploring innovative paths” to artificial general intelligence (AGI) – software with humanlike ...

Social-media giant ByteDance, China's most valuable unicorn, on Thursday unveiled its Seed Edge initiative, a long-term artificial intelligence (AI) research programme that is expected to shore up ...

ByteDance is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford. The Chinese company is looking at options for the social ...

TikTok owner ByteDance is reportedly still searching for non-sale options to stay in the US after the Supreme Court upheld a national security law requiring that TikTok's US operations either be ...

ByteDance, the parent company of the Chinese video platform TikTok, has reportedly advised its Chinese national employees to pay income tax in China. This could affect employees looking to take ...

BEIJING (Reuters) -ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial ...

ByteDance is exploring a deal to keep TikTok running in the United States without selling its operations there, according to board member Bill Ford. The Chinese company is looking at options for the ...