Will ByteDance accept a $25 billion offer for TikTok? American investors including the Founder of Employer.com, Roblox CEO David Baszucki, and Anchorage Digital’s Nathan McCauley are putting together a proposal.
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 intelligence, two people briefed on the matter said.
AI-assisted films qualify for protection if shaped by human creativity. Pika 2.1, Hailuo, and Bytedance launch new AI video tools.
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be
The thing is, ByteDance, TikTok's parent company, has owned and operated other apps within the U.S. You might've learned that over the past couple weeks, as other popular apps went dark and ...
The bankers definitely want in despite this being a heavy lift because the fees on an estimated $20-plus billion deal could be pretty rich.
TikTok is considering alternative solutions to selling its US business, as owner ByteDance continues the fight to keep its 170 million American users after a reprieve from the Trump administration, a board member of ByteDance was quoted by Chinese magazine Caixin as saying.
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 shut down or sold to a non-foreign adversary.
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI models capable of tackling complex problems.
TikTok, known for its viral trends and large user base, has been effectively banned in the U.S. following a Supreme Court ruling. The app had become a cultural force, influencing industries like publishing, music, food and fashion, and driving real-world ...
Perhaps the most appealing option for ByteDance could be if Trump blessed a merger between TikTok and Perplexity AI—a San Francisco-based AI search company worth about $9 billion that appears to ...
President Donald Trump said late Monday he hoped there would be a “bidding war” for TikTok, claiming Microsoft is now among the companies interested in buying ByteDance’s popular social ...