The CEO and co-founder of TikTok's owner ByteDance has announced he will step down and transition to a new role by the end of the year. In a letter to employees, Zhang Yiming said he will be ...

ByteDance is a Chinese technology company best known for developing TikTok, a popular video-sharing platform. It was founded in 2012 by two young engineers Zhang Yiming and Liang Rubo with the ...

U.S. search engine startup Perplexity AI submitted a bid on Saturday to TikTok's Chinese parent ByteDance for Perplexity to merge with TikTok U.S., a source familiar with the company's plans ...