ByteDance cofounder Zhang Yiming has become China’s richest man as investors bet on companies with AI potential.
When asked aboard Air Force One this week if a deal was going to happen for TikTok soon, the president responded "It could." adding "We're dealing with four different groups, and ...
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The parent company of TikTok has offered US employees the chance to sell shares they might hold in ByteDance, a privately ...
TikTok owner ByteDance said it has achieved a 1.71 times efficiency improvement in large language model (LLM) training, the ...
The lawsuit against the ByteDance-owned social media giant reveals it made nearly $2 billion globally in sales from TikTok LIVE during just one quarter of 2023. And Bloomberg reports more than $ ...
ByteDance, the parent company of TikTok, has launched a new stock buyback program offering US employees $189.90 per share, Reuters reported ...
TL;DR: Broadcom's ByteDance AI accelerator project was canceled amid tightened US semiconductor restrictions on China. Broadcom has reportedly seen its huge ByteDance project canceled, after the ...
ByteDance told its U.S.-based employees that it is offering $189.90 per share, the people said. The price marks an increase of 11% from the per share price of $171 in their share buyback program ...
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