TikTok

Connexa Sports Technologies Inc. (NASDAQ:YYAI) shares are trading higher in premarket on Monday after details emerged about a partnership with TikTok. The sports equipment and technology provider launched a new initiative through its majority-owned subsidiary, Yuanyu Enterprise Management Limited (...

ByteDance Ltd., the owner of TikTok, has reportedly seen its valuation climb past $400 billion, driven by major investors like SoftBank Group (OTC:SFTBF) (OTC:SFTBY), Fidelity, and T. Rowe Price (NASDAQ:TROW). What Happened: At least three major investors have marked up ByteDance's valuation, with...

In a plot twist to rival any bestseller, Barnes & Noble has pulled off the comeback of the ages. A few years ago, it appeared the beloved bookstore chain was on its deathbed. It was hemorrhaging cash and closed 150 stores. It seemed destined to go the way of its former rival, Borders....

Vice President J.D. Vance is being put in charge of overseeing a deal to save TikTok after President Donald Trump changed his mind and decided to temporarily save the Chinese social media app. What Happened: Vance, who is a former venture capitalist, is being tasked with helping land the best deal...

Negotiations over the sale of TikTok's U.S. operations appear to be at an impasse as its Chinese parent company, ByteDance, delays progress while awaiting a green light from Beijing. President Donald Trump's numerous corporate allies are racing to broker a deal with an American buyer. China,...

President Donald Trump's executive order to create a U.S. Sovereign Wealth Fund (SWF) has triggered debates over its structure, funding and potential investments. While experts acknowledge its potential to transform U.S. fiscal strategy, significant challenges exist in aligning such a fund with the...

Former Greek Finance Minister Yanis Varoufakis warns that the TikTok ban controversy in the United States exposes a deeper issue: the concentration of power among tech platform owners who function as “techno-feudal lords” over social media users. What Happened: “There is no...

A group of U.S. investors, with backing from YouTube star Jimmy Donaldson, also known as MrBeast, has amassed over $20 billion to bid for TikTok. What Happened: The group, led by tech entrepreneur Jesse Tinsley, includes Roblox Corp. (NYSE:RBLX) CEO David Baszucki and Anchorage Digital CEO Nathan...

A new Benzinga reader poll shows a mixed opinion on whether users are headed for the exits of social media platforms in the months since the 2024 presidential election. While many users are staying on social media platforms, here's a look at which companies could be most impacted. What Happened: A...

Social media company Meta Platforms (NASDAQ:META) could cover topics such as politics, the pending TikTok ban and AI spending when the company reports fourth-quarter financial results after market close Wednesday. Here are the analyst earnings estimates, latest analyst ratings and comments, and key...

The recent TikTok ban in the U.S. caused millions of people a lot of confusion and frustration. Over the weekend, TikTok was removed from Apple's App Store and Google Play because of a nationwide ban. If someone deleted the app, they couldn't download it again. This has created a booming market for...

Jeff Bezos-backed Perplexity AI has reportedly submitted a revised proposal to merge with TikTok's U.S. business, offering the U.S. government a 50% stake in the new entity. What Happened: The new plan, submitted to TikTok's parent company, ByteDance last week, allows the U.S. government to own up...

Following an executive order from President Donald Trump, U.S. TikTok users are reportedly seeing signs of increased censorship on the app, once seen as a free-speech haven. After going offline for a brief period due to new laws aimed at addressing national security concerns, TikTok has resumed its...

Amid the ongoing uncertainty surrounding TikTok’s future in the U.S., Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk and Oracle Corp.'s (NYSE:ORCL) Larry Ellison have emerged as prominent figures in the potential acquisition. What Happened: While speaking with BBC on Thursday, Wedbush analyst Dan...

App stores from Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL) and Apple Inc (NASDAQ:AAPL) currently don’t allow users to download TikTok due to uncertainty about whether it will be permanently banned in the U.S. But a person without TikTok has at least one route to getting the app. What Happened: As...