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ByteDance plans to increase its rewards budget by 50% in 2026 to offer bigger bonuses and salary hikes for TikTok’s top performing employees globally. Only high scoring staff will benefit, and a larger share of the rewards will be paid in cash.
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TikTok Chief Executive Officer Shou Chew told employees that the company and ByteDance signed binding agreements to create a US joint venture majority-owned by American investors
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TikTok is close to selling its US business to a group led by Oracle, a move that could help the app avoid a ban and continue operating in the United States after years of uncertainty.
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TikTok star Tucker Genal, known for energetic challenge videos, has died at 31. His brothers Connor and Carson Genal confirmed the news in a social media post on December 15.
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People who stopped using Facebook for a week reported lower feelings of depression, anxiety, loneliness and social comparison, Meta's internal research had found
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Sharran Srivatsaa’s hiring journey at the Wall Street giant involved an unusual 46-second interview that tested coachability over confidence.
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The profit-sharing arrangement is the latest twist in an extraordinary corporate drama that has played out across multiple US administrations
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ByteDance will be maintaining ownership of TikTok's US business operations and will cede control of the app’s data, content and algorithm to the newly formed joint venture, the sources said
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The rough estimate, cited by Vice President JD Vance on Thursday, pales in comparison to previous estimates that scaled closer to $40 billion
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Past attempts to widen Pakistan’s tax net have largely fizzled. But officials argue that the new focus on social media gives them stronger leads and a faster way to flag undeclared wealth.
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All the final details still need to be nailed down among several joint venture partners that will include Oracle, investment firm Silver Lake Partners and possibly two billionaires — media mogul Rupert Murdoch and personal computer pioneer Michael Dell
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The American board members would have national security and cybersecurity credentials and the remaining board member, chosen by current owner ByteDance Ltd., will be excluded from the security committee, according to a senior White House official.
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Under the deal, ByteDance Ltd.’s stake in TikTok would be reduced to below 20% to satisfy a US national security law passed in 2024
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A congressional aide told Reuters on Monday that lawmakers plan to scrutinize the latest deal when it is made public to see if it complies with the law
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The deal was negotiated over two days of talks in Madrid between US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng.
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The talks in Madrid also cover Trump's threat of steep tariffs on Chinese imports. Trade tensions escalated sharply earlier this year, with tit-for-tat tariffs reaching triple digits and snarling supply chains.
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IT minister Vaishnaw's remarks come amid growing speculation that TikTok could make a comeback in the country as relations between India and China begin to thaw.
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TikTok has begun hiring in India with two new roles in its Gurgaon office, even though the app remains banned. Here’s what we know about the vacancies, job details, and what this means for TikTok’s future in India.
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Known for posting shirtless gym photos and promotions for energy drinks, Kelly’s feed shifted in July when he appeared in full Army combat gear.
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The White House officially launched its TikTok account (@whitehouse) on August 19, aiming to connect directly with over 150 million American users. The Trump administration says the move is part of a broader digital strategy to highlight President Donald Trump’s policies and “historic successes,” particularly among younger audiences. Press Secretary Karoline Leavitt said TikTok played a key role in Trump’s 2024 election win against Kamala Harris. Despite past national security concerns about TikTok’s ties to China, the platform is now central to the administration’s communication efforts.
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Last week, Beijing denied asking firms to ‘illegally’ collect and store users' personal information after an investigation was opened into its European operations.
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A now-deleted report by GeekPark claimed ByteDance had approved a sale to an Oracle-led group, retaining a minority stake. However, ByteDance has not confirmed this, and the report has been scrubbed from Chinese platforms.
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This switchover is designed to enable a clean operational handoff while satisfying national security concerns, particularly around where and how US user data is stored, claims a report.
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TikTok established its Shop business in the Seattle area near Amazon.com Inc., the online retail giant it was aiming to displace
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A 17-year-old tiktok user Sana Yousuf was shot dead at her residence in Islamabad, Pakistan.
