ByteDance, the parent company of TikTok and Douyin, will end the Lunar New Year tradition of giving red packets to employees from 2026, but will expand medical insurance for staff, according to an ...

when Republicans were talking up a red wave and Scott was predicting as many as 55 seats could be won. “I don’t think Rick makes a very good victim,” McConnell said. “I think he did a poor ...

Perhaps the most appealing option for ByteDance could be if Trump blessed a merger between TikTok and Perplexity AI—a San Francisco-based AI search company worth about $9 billion that appears to ...

Both men started in business before bringing their wealth to politics. U.S. Sen. Rick Scott is backing Vivek Ramaswamy’s latest political move. Florida’s senior Senator endorsed the former ...

TL;DR: The Trump administration is working on a plan involving Oracle and US investors to control TikTok's global operations, with ByteDance retaining a minority stake. Oracle will oversee TikTok ...

Perplexity AI submitted a revised merger proposal to TikTok’s Chinese parent ByteDance as the popular video-sharing app stares down a national ban, according to multiple reports. Under the new ...

Under the proposed deal, ByteDance, TikTok's China-based owner, would retain a minority stake in the company, while Oracle would oversee the app's algorithm, data collection, and software updates.

TikTok has had a wild start to 2025. The app was banned in the United States, went dark, then came back online. New users can't download it, since the app hasn't returned to U.S. app stores, but ...

The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new administration’s top financial job as President Donald Trump forges ahead on an ...

The proposal, submitted last week, is a revision of a prior plan the artificial intelligence startup had presented to TikTok’s parent ByteDance on Jan. 18, a day before the law that bans TikTok ...

Perplexity is reportedly proposing the creation of a new US holding company called "NewCo". ByteDance would reportedly sell TikTok US to the investors, giving the company's existing investors an ...