Blackstone is discussing joining Chinese parent company ByteDance's existing non-Chinese shareholders, led by Susquehanna International Group and General Atlantic, in contributing fresh capital ...

TikTok Shop has increased efforts to recruit cross-border merchants for European markets, including Spain, Germany, Italy and ...

The top Democrat on the Senate Intelligence Committee said on Monday that President Donald Trump's decision to extend a deadline for China-based ByteDance to divest short video app TikTok's U.S ...

The logo of TikTok is seen during the China International Textile and Garment Supply Chain Expo in Hangzhou, in eastern China's Zhejiang province on December 5, 2024. Senator Mark Warner, the top ...

TL;DR: Chinese AI companies, including ByteDance, Alibaba, and Tencent, have ordered $16 billion worth of NVIDIA's H20 AI GPUs, despite US sanctions aimed at restricting access to advanced AI chips.

Reuters reported that the deal had been approved by investors, the U.S. government and Chinese-owned ByteDance, TikTok’s owner. ByteDance would keep a minority stake in TikTok under the deal.

"The Deal requires more work to ensure all necessary approvals are signed." TikTok's Chinese parent company, ByteDance, faced an April 5 deadline to sell its stake in the app or else be banned in ...

President Trump has extended the deadline for ByteDance to sell TikTok by 75 days. The deal fell through due to a clash over tariffs between the U.S. and China. If no sale occurs, the app could ...