Browsing: ByteDance

ByteDance has rejected a $58B fire sale of its U.S. arm, triggering a lawsuit that could redefine the future of TikTok and foreign-owned tech in America.

A high-stakes legal battle unfolds as the TikTok ByteDance lawsuit accuses ByteDance of using bribery and fraud to block a $33 billion deal, threatening TikTok’s future in the U.S.

TikTok’s Chinese ownership means the U.S. economy is losing over $85M a day. Here’s what that means for American jobs, money, and data.