Oracle Reveals $2.2 Billion Investment In TikTok's US Business After ByteDance Divestment, Holds 15% Stake

On Wednesday, Oracle Corp disclosed it has invested about $2.2 billion in the new U.S. entity running TikTok, confirming a 15 ...

ByteDance reportedly pauses global launch of its Seedance 2.0 video generator

The company is reportedly delaying the launch as its engineers and lawyers work to avert further legal issues.

Exclusive | TikTok Parent ByteDance Gets Access to Top Nvidia Chips

TikTok’s parent is assembling computing power with high-end Nvidia chips outside China to fuel its ambition of challenging ...

Oracle's TikTok stake sits at just over $2 billion, filing shows

Oracle bought 15% of TikTok's U.S. operations in January after China's ByteDance was forced by U.S. law to divest.
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TikTok-maker ByteDance halts SeeDance 2.0 AI global launch after Hollywood threatens to sue

Chinese giant ByteDance has reportedly suspended its plans to release its latest AI video generation model, SeeDance 2.0, ...

ByteDance suspends launch of video AI model after copyright disputes, The Information reports

March 14 (Reuters) - TikTok's Chinese parent, ByteDance, has put on hold the global launch of its latest video-generation ...

TikTok to Resume Local Sponsorships After Deal to Stay in Canada

The big winners could be the Toronto Film Festival, the Junos and other marquee Canadian cultural events after funding from TikTok Canada was pulled as Ottawa investigated Chinese parent ByteDance ...