Snap, YouTube, TikTok settle school suit targeting social media

Snap Inc., Google’s YouTube and ByteDance Ltd.’s TikTok reached agreements to settle the first lawsuit headed to trial over ...
New York Post

TikTok parent ByteDance’s valuation hits $300 billion, sources say

TikTok’s parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matter and a ...
SiliconANGLE

Report: ByteDance sets aside about $20B for AI spending this year

TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...
CNBC

TikTok owner ByteDance sets valuation at over $330 billion as revenue grows, Reuters reports

ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant at more than $330 billion, driven by continued revenue growth ...
Reuters

TikTok owner ByteDance's chief warns against mediocrity as AI disrupts

HONG KONG, Jan 31 (Reuters) - ByteDance CEO Liang Rubo warned employees at a company-wide meeting on Tuesday that the TikTok owner risks becoming complacent and slipping into mediocrity as it faces ...
TechCrunch

Don’t sweat the valuation headlines, ByteDance is doing great

ByteDance, the Chinese owner of TikTok, is back in the news. The company recently offered to buy back its stock from its employees, but the issue is, it’s valuing itself at around $223 billion, which ...
National Review

To Save TikTok, ByteDance Must Go

I’m Not a Pundit, I Just Play One on TV Will Planned Parenthood Stay Defunded? In Defense of Data Centers Time to End Race and Gender Preferences in Government Contracts A deal that keeps ByteDance in ...