App’s lawyer urges a federal appeals court to throw out rule requiring its Chinese owner to divest it or be shut down
Capital spending doubles as Alibaba, Tencent and Baidu buy processors and infrastructure behind the training of large language models
Department of Justice alleges sensitive American user data was stored in China
Agency heads say row over security of ByteDance-owned app has already hit brands’ confidence in the platform
Federal Trade Commission also investigating Chinese video app over potential breaches of act outlawing ‘unfair practices’
Social media companies under pressure to identify deepfakes and prevent spread of misinformation
Lawsuit including parent company ByteDance claims legislation would breach free speech rights
Insiders say ByteDance exerting increasing influence over platform despite US pressure over ownership
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger voters
Video app vows legal battle to prevent effort to separate it from Chinese parent
Move could lead to obsolescence of video app used by 170mn Americans
Investor’s Susquehanna International Group owns estimated $40bn stake in parent company ByteDance as app faces potential ban
Company will ‘move to the courts’ after Congress pushes ahead with bill demanding Chinese parent sells viral app
Move to bundle divest-or-ban measure with foreign aid could compel Senate to act against Chinese-owned app
TikTok’s Chinese owner offers nearly $171 a share as US employees grow concerned about tax bill on unsold stock
Current and former employees of video app’s Chinese parent ByteDance in outcry over stock award liabilities
Parent company ByteDance on track to become world’s biggest social media group with $120bn in global sales
One idea under discussion would be to take voting control of the popular video app
Beijing urges Washington to ‘stop unfairly suppressing foreign companies’
Measure passes with bipartisan support despite intense lobbying and now heads to Senate
Chinese tech giants are hogging scarce cloud resources to develop generative AI models as US restrictions bite
Lawsuit from former global marketing head criticises corporate culture at popular app owned by China’s ByteDance
New group CEO Eddie Wu is now chief executive of cloud and online retail divisions in latest restructuring
ByteDance’s social media company to invest $1.5bn for controlling stake in GoTo unit
Ecommerce growth drives revenues to record level and pushes quarterly earnings before interest and tax to $9bn
