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3 mins read
TikTok and its owner ramped up their hiring of Chinese employees, even as Congress raised national security concerns
TikTok and its owner ByteDance sought to hire 669 Chinese employees in the US through the H-1B prog…
Dan Whateley
1 min read
ByteDance is looking outside of the US for its new TikTok headquarters
ByteDance said it's "evaluating the possibility of establishing TikTok's headquarters outside of th…
Paige Leskin,Reuters
2 mins read
ByteDance is giving its 60,000 employees cash bonuses after working 'endless hours' amid TikTok ban 'noise'
The bonuses are to "thank everyone for their efforts and dedication" as ByteDance and TikTok face c…
Paige Leskin,Kate Duffy
2 mins read
TikTok's deal with Oracle and Walmart lets it cling on to its most valuable asset — its algorithm
TikTok's recommendation algorithm is considered by experts to be the company's "secret sauce," and …
Isobel Asher Hamilton
1 min read
ByteDance would rather close down TikTok in the US than sell it if it fails to fight potential US ban in court, report says
A sale is unlikely as the algorithms powering the short-video app are key to ByteDance's overall op…
Rebecca Rommen
2 mins read
Bytedance, the Chinese company behind TikTok, says it's been working on its first smartphone
It remains to be seen how successful Bytedance's smartphone will be, since reports of similar proje…
Paige Leskin
1 min read
TikTok's owner is raking in cash
TikTok owner ByteDance, a Chinese company, grew its revenue by 60% in 2023, despite the threat of a…
Kenneth Niemeyer
2 mins read
Trump takes another swing at TikTok with a new executive order seeking to force parent company ByteDance to sell the viral video app
Trump's new declaration seeks to invalidate ByteDance's purchase of Musical.ly, the precursor to Ti…
Tyler Sonnemaker
2 mins read
Sen. Marco Rubio wants Biden to ban TikTok in the US
Rubio's call comes after China bought a stake in TikTok's parent company's Beijing branch, and mirr…
Katie Canales
2 mins read
ByteDance is walking away from its TikTok deal with Oracle now that Trump isn't in office, report says
Last week the Biden administration put the brakes on efforts to ban the app in the US, a policy tha…
Julie Gerstein
2 mins read
TikTok owner ByteDance rejected Microsoft's bid for the app's US operations and is said to have chosen Oracle as its US 'technology partner'
Several news outlets reported ByteDance had named Oracle as a US partner, though the company's bid …
Lauren Frias
2 mins read
TikTok may be trying to negotiate its way out of being sold at all
According to a new report, ByteDance is discussing "possible arrangements" that could keep the comp…
Paige Leskin
1 min read
300 employees at TikTok and parent company ByteDance worked in Chinese state media, LinkedIn profile analysis finds
A ByteDance spokesperson confirmed to Forbes the company employs people "who have previously worked…
Beatrice Nolan
2 mins read
US officials are reportedly considering extending the deadline for TikTok's sale as the deal faces roadblocks
It's unclear what will happen come September 15, the Trump administration's deadline for a deal, wh…
Paige Leskin
2 mins read
TikTok parent ByteDance has special stock owned by China's government. Here's how 'golden shares' give Beijing influence over the social-media giant.
In 2021, China's government bought a 1% stake in the main domestic unit of TikTok owner ByteDance.
Filip De Mott
1 min read
A former TikTok employee says he had a boss he never met, which concealed the platform's close ties to China
A former TikTok employee told Fortune he was managed by a ByteDance executive in Beijing and never …
Jyoti Mann
3 mins read
Microsoft is reportedly in talks to buy TikTok's US operations
Trump will reportedly order China's ByteDance to divest itself of ownership of TikTok's US operatio…
Ashley Stewart
2 mins read
TikTok's Chinese owner boosts annual profits to a record $25 billion, report says
ByteDance was valued at $300 billion last year, making it the world's most valuable privately owned…
Jyoti Mann
1 min read
A deal between TikTok and US-based Oracle will need Beijing's approval, the app's owner ByteDance said
ByteDance's proposal to make US tech firm Oracle a partner of TikTok, its short video app, is subje…
Kate Duffy
1 min read
US extends TikTok sale deadline to December 4
Citing national security concerns, the Trump administration had earlier ordered ByteDance to s…