The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the app's global operations, two sources with
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 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's influence has been greater than its seemingly short-lived demise. The ByteDance-owned app returns after going dark over the weekend.
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.
According to a new report, Oracle is in talks to take over TikTok's global operations, while Microsoft is looking to invest.
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.
General Atlantic CEO and ByteDance board member Bill Ford said Wednesday that he believes TikTok soon will reach a deal to remain in the U.S.  “It’s in everybody’s interest,” Ford said
A deal will get done to ensure that TikTok remains available in the U.S., General Atlantic CEO Bill Ford told Axios during an event on Wednesday in Davos, Switzerland. Why it matters: General Atlantic is a major investor in TikTok's Chinese parent company,
SAGINAW, Mich. (WJRT) - Popular social media app TikTok went dark in the U.S. for 12 hours one week ago. The app, which is owned by Chinese internet technology company ByteDance, still faces a potential federal ban.
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.