TweakTown12d
ByteDance's custom chip made by Broadcom has been canceled, Broadcom to lose $2B to $3B
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 ...
AOL9d
TikTok owner ByteDance’s value has jumped up - how will it affect the social media app’s sale?
The parent company of TikTok has offered US employees the chance to sell shares they might hold in ByteDance, a privately owned company, which could have a knock-on effect on any eventual sale of ...
Yahoo Finance9d
ByteDance to Buy Back US Staff Shares at $312 Billion Valuation
(Bloomberg) -- ByteDance Ltd. plans to buy back employee stock at a valuation of about $312 billion, a significant markup from previous levels that reflects a brightening outlook for Chinese tech ...
AOL9d
Exclusive-TikTok parent ByteDance valuation rises in latest share buyback, sources say
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 ...
The Independent9d
TikTok owner ByteDance’s value has jumped up - how will it affect the social media app’s sale?
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...
Business Times9d
ByteDance to buy back US staff shares at US$312 billion valuation
BYTEDANCE plans to buy back employee stock at a valuation of about US$312 billion, a significant markup from previous levels that reflects a brightening outlook for Chinese tech shares. TikTok’s owner ...