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Capital Today sends ByteDance valuation to $480 valuation after seven-bidder share auction

ByteDance hit a fresh valuation of about $480 billion after a Chinese investment firm grabbed a block of its shares in a heated auction that ran on Wednesday, according to data from Bloomberg. The ...
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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

Tiktok’s logo was all over the October Asia-Pacific Economic Cooperation summit in South Korea, perhaps the region’s most important diplomatic get-together. Videos touted the social media platform’s ...