ByteDance offers investors share buyback, valued at $268 billion-sources
By Kane Wu and Josh Ye HONG KONG (Reuters) – TikTok owner ByteDance is offering to buy back around $5 billion worth of shares from investors at a price that will value…
Former ByteDance executive says he was dismissed for flagging illegal activity
(Reuters) – A former head of engineering at Bytedance in the United States has said the company discharged him after he voiced concern to management that it was taking user content from…
VR firm Pico, owned by Chinese TikTok maker ByteDance, announces ‘small’ layoffs
By Josh Ye HONG KONG (Reuters) – Pico, a virtual reality (VR) headset manufacturer owned by TikTok’s Chinese developer ByteDance, said on Friday it was laying off a small number of people,…
ByteDance plans for maximum of nine board directors -source
(Reuters) – TikTok owner ByteDance will expand its board of directors to a maximum of nine, a person with direct knowledge of the matter said on Wednesday, as the company faces regulatory…
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