TikTok ByteDance

TikTok parent ByteDance Ltd has scooped up one of China’s largest private hospital chains Amcare Healthcare for ~$1.5 billion, deepening a foray into health care, Bloomberg reports. Amcare Healthcare runs women’s and children’s hospitals in cities from...

TikTok parent ByteDance has doled over $2.1 million in the second quarter to lobby the U.S.. government. The spend represents a 130% increase quarter-on-quarter and marks the first time it has topped $2 million in a single quarter since it first registered lobbying...

Meta Platforms Inc's (NASDAQ: META) Facebook migrated resources from its Facebook News tab and newsletter platform Bulletin, focusing more on the creator economy, the Wall Street Journal reports based on senior executive Campbell Brown. Migrating resources from News and Bulletin...

TikTok owner ByteDance looks to hire dozens of new semiconductor jobs, insinuating its in-house chip design unit, the SCMP reports. ByteDance borrowed a leaf from Alibaba Group Holding Limited (NYSE: BABA) and Tencent Holding Ltd's (OTC: TCEHY) initiatives to...

TikTok, which is owned by China's ByteDance, has confirmed that China-based employees can access U.S. user data under certain circumstances.  Responding to U.S. Republican senators' inquires, TikTok has said in a letter that China-based employees who clear internal security protocols...