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The Latest Breaking News from ByteDance

ByteDance Signs Binding Deal To Spin Off TikTok US Into Majority-American Joint Venture

Under the deal, the U.S. version of TikTok will become majority-owned by American investors, satisfying the core requirement of a bipartisan law passed by Congress in 2024 that sought to address national security concerns tied to the app's Chinese ownership.

International Business Times

TikTok signs Trump-backed deal to avoid US ban

Joint venture will take over part of app’s US operations, including data protection, algorithm security and content moderation

The Guardian - UK

TikTok finally signs deal to sell its US entity to joint venture controlled by American investors

Oracle, Silver Lake and Abu Dhabi-based MGX hold 15 percent each in deal that averts app’s shutdown in US

The Independent UK

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TikTok signs deal to sell US unit to American investors, including Oracle, Silver Lake

TikTok has signed a deal to sell its U.S. business to three American investors — Oracle, Silver Lake and MGX — ensuring the popular social video platform can continue operating in the United States

The Independent UK

Nvidia weighs expanding H200 production as new China orders rush in, report claims — ByteDance and Alibaba listed as suitors for 'large orders' in the wake of sanctions lift

Nvidia is evaluating whether to increase production of its H200 data center GPUs after demand from Chinese customers is expected to exceed current supply.

Tom’s Hardware

China holds 'emergency meetings' to discuss Nvidia H200 purchases following export rule change, report claims — ByteDance, Tencent, and Alibaba asked to assess demand

China convened emergency meetings with its largest technology companies on Wednesday to assess how many of Nvidia’s H200 accelerators they intend to buy.

Tom’s Hardware

Alternative Social Media Apps Kids in Australia Are Turning to After Under-16 Ban

Australia's world-first social media ban is now in effect, but children are migrating to lesser-known platforms outside the restricted list. Here's what parents need to know about these apps.

International Business Times UK

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Why TikTok Owner's AI Phone Is Making China's Apps Nervous

TikTok owner ByteDance Ltd launched its artificial intelligence-powered smartphone last week, sparking online buzz and prompting swift pushback.

Benzinga

Teens hoping to get around Australia’s social media ban are rushing to smaller apps. Where are they going?

As Meta begins deleting accounts and the deadline looms, children have already begun to flock to platforms not included in the banned list, like Coverstar, Lemon8, Yope and Rednote

The Guardian - AU

China's ByteDance could be forced to sell TikTok U.S., but its quiet lead in AI will help it survive—and maybe even thrive

ByteDance, the owner of TikTok and target of Washington ire, operates China’s most popular chatbot, Doubao.

Fortune

How Should You Play NVDA Stock Amid Reports That China Banned ByteDance from Using Nvidia GPUs?

New reports suggest that China has banned TikTok parent ByteDance from using Nvidia chips in its data centers.

Barchart

TikTok Owner ByteDance Unveils AI Phone Assistant — China's Challenge To The iPhone

Facing market saturation in short-form video and the threat of TikTok divestiture in the US, ByteDance is going 'all-in' on generative AI.

International Business Times UK

Alibaba and ByteDance allegedly train Qwen and Doubao LLMs using Nvidia chips, despite export controls — Southeast Asian data center leases skirt around U.S. chip restrictions

Chinese technology giants, including Alibaba and ByteDance, are increasingly training their most advanced artificial intelligence models in Southeast Asia.

Tom’s Hardware

Alibaba and ByteDance Move AI Training To Southeast Asia To Bypass US Nvidia Ban

Chinese tech giants Alibaba and ByteDance are moving AI training to Southeast Asia to skirt US bans on top-tier Nvidia chips.

International Business Times UK

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Euronews

Fact check: Is China using TikTok to 'dumb down' European children?

Macron recently claimed that China offers its children a more educational version of TikTok, while the version available in Europe is designed, in his view, to dull the minds of young people. The Cube compared the content found in both versions of the app.

International Business Times

While Establishment Politicians Squabbled Over TikTok, John McEntee Built a New Model for Influence

According to Oxford Economics, TikTok contributed $24.2 billion to U.S. GDP in 2023, supporting over 224,000 jobs. For small businesses and content creators—constituencies Republicans claim to champion—the platform has become essential infrastructure.

Benzinga

Patria-backed Omnia Reportedly Joins $9 Billion TikTok Data Center Project In Brazil

Omnia, a data center company owned by Brazil’s Patria Investments (NASDAQ:PAX), is reportedly participating in over a $9 billion data center project expected to have TikTok as its primary client.

International Business Times

TikTok Sale Moves Forward as China Greenlights Transfer Agreement

China has approved TikTok's U.S. transfer agreement, moving the app closer to a new American ownership.

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The Guardian - UK

Xi-Trump meeting: America has discovered that bullies can be bullied back

Outcome appears closer to truce than durable peace but outline of broader diplomatic relationship is visible

Euronews

Donald Trump says TikTok deal with China could be finalised this week

However, the details of a possible deal are under wraps.

Tom’s Hardware

China's ByteDance reportedly building a Steam competitor — 'GameTop' for overseas markets will distribute and publish games like any other store, while harboring a social space with AI-assisted creator tools

ByteDance, the company behind TikTok, is reportedly creating its own Steam competitor targeted at global markets. Dubbed "GameTop," the new storefront is said to carry social features, AI-assisted creator tools, and the typical publishing/distribution that other stores like Epic Games also have. Recruitment has already begun in China.

TechRadar

TikTok owner is collaborating with AMD, Arm, and Intel on making firmware solutions better - ByteDance is the only Chinese company participating in this major project

OpenSFI unites major chipmakers and cloud firms to standardize firmware-silicon communication, bridging vendors and architectures for global platform efficiency.

Euronews

Dutch parties embrace TikTok (again) ahead of the October election

The social media platform was previously banned by several parties due to security concerns.

Benzinga

Trump's TikTok Sale Plan Faces Scrutiny As Lawmaker Warns ByteDance Could Have Algorithm Leverage: 'That's A Problem'

President Donald Trump's plan to sell TikTok's U.S. operations to American investors is facing renewed scrutiny after a congressional lawmaker warned that any licensing deal giving China-based ByteDance leverage over the app's algorithm would pose a national security risk.

International Business Times UK

TikTok's 'American Takeover' May Be a Hoax: Billionaire Questions Truth Behind Trump's New Tech Deal

Billionaire investor Frank McCourt is investigating the legality of Trump's White House-approved TikTok deal, which allows ByteDance to retain partial ownership and access to the app's algorithm despite a law requiring full US divestment.

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