While SpaceX is the most valuable private company in the world, the funding round could push OpenAI up to second spot alongside Chinese tech giant ByteDance. OpenAI currently ranks as the third ...

ByteDance, the parent company of TikTok and Douyin, will end the Lunar New Year tradition of giving red packets to employees from 2026, but will expand medical insurance for staff, according to an ...

ByteDance, the parent company of the Chinese video platform TikTok, has reportedly advised its Chinese national employees to pay income tax in China. This could affect employees looking to take ...

Prominent blockchain researcher Chen Jing has left the United States to join Tsinghua University in Beijing as a full-time professor. The award-winning scholar and chief scientist said she would ...

TIKTOK owner ByteDance on Wednesday (Jan 22) released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI’s latest reasoning model products, as a global race intensified to ...

ByteDance's release comes after Chinese AI startup DeepSeek rolled out an open-source reasoning model called DeepSeek-R1 on Monday that it said rivalled OpenAI's o1 on several performance benchmarks.

A major shareholder of ByteDance, the Beijing-based owner of TikTok, said Wednesday he was confident that a deal will be reached to ensure the video-sharing app stays online in the US — and ...

WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on ...

WASHINGTON -TikTok is not the only app owned by Chinese internet giant ByteDance that is flickering back to life. CapCut, a popular video-editing app, came back online in the US on Jan 21 after ...

SHANGHAI -- Chinese technology company ByteDance is set to release its most lucrative smartphone app game in its home country, seeking to gain ground on rival Tencent Holdings in the world's ...