ByteDance cofounder Zhang Yiming has become China’s richest man as investors bet on companies with AI potential.

Zhang Yiming, the co-founder of ByteDance, has become China’s richest person with a net worth of $65.5 billion. The company ...

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 ...

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 ...

Young TikTok users and their families are pressing a federal judge to allow them to proceed with claims that the app and its parent company, China-based ByteDance, wrongly collected data from ...

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 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 $ ...