The Business Times

ByteDance

Global Enterprise

ByteDance to get about 50% of TikTok US profit under Trump deal: sources

Trump is trying to keep the short video app with 170 million US users from being banned after Congress passed a law that ordered it shut down by January 2025 if its US assets were not sold by owner ByteDance.
Global Enterprise

Trump will sign order declaring TikTok deal meets 2024 law requirements

US President Donald Trump has credited TikTok with helping him win re-election last year and has 15 million followers on his personal account.
International

ByteDance will get 1 of 7 board seats for TikTok's US operations, official says

FILE PHOTO: Teenagers pose for a photo while holding smartphones in front of a TikTok logo in this illustration taken September 11, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
Telcos, Media & Tech

Trump says US has a buyer for TikTok 

ByteDance is one of many tech firms worldwide ramping up efforts to develop proprietary chips, known as application-specific integrated circuits (ASICs), in a bid to reduce reliance on suppliers such as Nvidia.
Telcos, Media & Tech

ByteDance chip design staff suddenly find out they report to Singapore unit: sources

The latest buyback at a higher valuation will come as ByteDance consolidates its position as the world’s largest social media company by revenue.
Telcos, Media & Tech

TikTok owner ByteDance sets valuation at over US$330 billion as revenue grows: sources

TikTok said that it plans to reshape content moderation “with the benefit of technological advancements.”
Global Enterprise

TikTok UK shifts to AI moderation, hundreds of jobs at risk

The deadline for ByteDance to divest the popular social media app in the US has been repeatedly postponed, creating uncertainty for investors.
Telcos, Media & Tech

Blackstone drops out of consortium bid for TikTok US: source

TikTok would still be available on app stores for Canadians to use after the shutdown.
Telcos, Media & Tech

TikTok urgently pitches Canada security solution to avoid shutdown

TikTok Shop’s US operations have undergone a series of changes in the past few months following a year in which the division fell short of internal sales targets.
Telcos, Media & Tech

TikTok cuts more workers from US e-commerce division

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