Catherine Thorbecke is a Bloomberg Opinion columnist covering Asia tech. Previously she was a tech reporter at CNN and ABC News. ByteDance Ltd. is best known abroad as the embattled parent of TikTok.

After a year of stalled negotiations, TikTok owner ByteDance has reportedly agreed to Donald Trump’s deal giving US owners majority ownership of the app. By signing the agreements, ByteDance has ended ...

President Donald Trump had recently expressed his support in SpaceX and Tesla CEO Elon Musk or Oracle CEO Larry Ellison ...

WASHINGTON, DC - MARCH 23: TikTok CEO Shou Zi Chew testifies before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill on March 23, 2023 in Washington, DC. On ...

TikTok's parent company ByteDance is planning to increase its spending on artificial intelligence (AI) in 2026, with $23 billion in reported capital expenditure. According to The Financial Times, ...

AI expansion goes global as ByteDance aims to compete ByteDance, the parent company of TikTok, is set to ramp up its AI investments significantly next year. The company plans to… AI expansion goes ...

(Bloomberg/Echo Wong and Min Jeong Lee) — ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into ...

WASHINGTON/HONG KONG >> TikTok’s Chinese owner, ByteDance, on Thursday signed binding ‌agreements to hand control of the short video app’s U.S. operations to a group of investors, including Oracle, in ...