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 ...

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 ...

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 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 $ ...

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 ...