TikTok's parent company, ByteDance, is initiating a new share repurchase program, raising valuations from six months ago. This move highlights ByteDance's financial resilience despite facing a U.S. ban due to national security concerns.

TikTok's parent company ByteDance is offering to buy back shares at a higher valuation than six months ago as it launches a new share repurchase program for U.S. employees this week, two people familiar with the matter told Reuters on Tuesday.

Oracle? MrBeast? Elon Musk? Kevin O'Leary? Steven Mnuchin? Perplexity AI? Microsoft? Amazon? The U.S. government?

I’ve spent my entire career building tech that puts power back in people’s hands - that’s what got me excited about The People’s Bid.”

Ohanian, who founded the popular Q&A service in his 20s, joins a growing roster of industry and media celebrities hoping to acquire ByteDance’s prized asset.

Reddit (RDDT) co-founder Alexis Ohanian, has joined a venture capitalist in aiding former Los Angeles Dodgers owner Frank McCourt’s bid to buy

ByteDance told its US-based employees that it is offering $189.90 per share, the people said. The price marks an increase of 11% from the per share price of $171 in their share buyback program from a

Frank McCourt announced on Monday that Alexis Ohanian, the co-founder of Reddit and a venture capitalist, has joined his bid to acquire TikTok's U.S. operations as a strategic adviser specializing in social media.

Reddit cofounder Alexis Ohanian has joined up with Frank McCourt and “Shark Tank” star Kevin O’Leary on their bid to acquire TikTok from its Chinese parent company ByteDance, the group announced