Although Zhang has handed over corporate roles to Liang Rubo, he is widely seen as the real decision maker at the tech giant.

Although Zhang has handed over corporate roles to his college roommate and ByteDance co-founder Liang Rubo, he is widely seen as the real decision maker at the tech giant, which started out in a ...

Rupert Hoogewerf, chairman of Hurun, noted that Liang holds over 80% of DeepSeek. If the company reaches OpenAI’s $1 trillion valuation, he could become China’s richest person, a title newly held by ...

The investors claim ByteDance sabotaged their acquisition of the social media giant during the first Trump administration by instead pursuing an Oracle partnership that circumvented national security ...

ByteDance’s TikTok already enjoys immense popularity on its own. However, the company aimed to challenge Instagram’s dominance in social photo-sharing with TikTok Notes. In a new development ...

Amazon has told the White House it is interested in buying TikTok ahead of a key deadline by which its parent company, China-based ByteDance, must either sell the popular social media app or face ...