CFIUS, an obscure panel playing an increasing market role, blocked the sale of AppLovin years before a stock-market bonanza. In 2016, Adam Foroughi agreed to sell a majority interest in the California ...
ByteDance Ltd., the Chinese tech giant behind TikTok, has seen its valuation soar past $400 billion as key investors, including SoftBank Group Corp., Fidelity Investments, and T. Rowe Price Group Inc.
At least three of Bytedance Ltd.’s major investors have marked up the TikTok-owner’s valuation to more than $400 billion, a ...
Alibaba is in sound financial health. As of September 2023, the company had CNY 572 billion in cash and short-term investments on its balance sheet against CNY 166 billion in short- and long-term bank ...
According to US President Donald Trump, he told reporters that he was talking to China about the potential sale of TikTok.
This has led to some companies pouring out large sums of money to entice existing talent – with some poaching from rival companies – and expanding their search overseas, a move which analysts said ...
A whopping 77% of Americans say they remain concerned about continued Chinese ownership of TikTok – even as the Trump ...
TikTok reportedly laid off members of its global trust and safety team as part of a restructuring – even as the China-owned company fights to stay online in the US.
TikTok is enforcing strict office attendance rules for U.S. e-commerce workers. Employees must work eight hours daily, with some required to stay until 10 pm. The changes come as TikTok faces a U.S.
QIYI faces declining revenue and fierce competition. Find out why IQ stock's structural challenges and lack of global ...
DeepSeek is being accused of sharing South Korean user data with TikTok's parent company ByteDance. More details here.
Reynolds' directive bans DeepSeek and the social media apps Lemon8, RedNote, Webull, Tiger Brokers and Moomoo from state devices.