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Zhang Yiming, China's richest person, beats Musk and Bezos in 2025 wealth gains

ByteDance co-founder Zhang Yiming's net worth has increased by 31% this year to $57.5 billion.
Updated on Apr 09, 2025 07:46 PM IST

TikTok sale would have been final if not for reciprocal tariffs on China: Trump

US President Donald Trump speaks to reporters while in flight on Air Force One, en route to Joint Base Andrews on April 6, 2025.
Updated on Apr 07, 2025 11:59 AM IST

Trump extends TikTok sale deadline by 75 days: Did tariff plan affect deal?

(FILES) In this photo illustration, the social media application logo, TikTok is displayed on the screen of an iPhone on an American flag background on August 3, 2020 in Arlington, Virginia.
Updated on Apr 05, 2025 10:22 AM IST

Donald Trump says confident of TikTok deal before April 5 deadline

Trump said this month the United States was in talks with four groups interested in acquiring the platform, which has 170 million American users.
Published on Mar 31, 2025 09:15 PM IST

TikTok founder Zhang Yiming is now China's richest person. All about him

Among China's top five richest, Zhang is trailed by Tencent co-founder and CEO Ma Huateng ($56.6 billion), Nongfu Spring founder Zhong Shanshan ($54.1 billion), Xiaomi founder and CEO Lei Jun ($44.9 billion), and Pinduoduo founder and former CEO Colin Huang ($43.2 billion).
Published on Mar 27, 2025 12:04 PM IST

Donald Trump hints at tariff concessions if China agrees TikTok deal

US President Donald Trump signs an executive order in the Oval Office of the White House in Washington, DC, US, on Wednesday, March 26, 2025.
Published on Mar 27, 2025 04:25 AM IST

China's criticism of Hutchison ports deal raises stakes for TikTok US sale

China's criticism of Hutchison ports deal raises stakes for TikTok US sale
Updated on Mar 21, 2025 09:40 AM IST

TikTok returns to US stores as rival Xiaohongshu sees 91% drop in downloads

TikTok from ByteDance Ltd. has returned to US mobile shops, and the app that was supposed to replace it has seen a sharp decline in user interest.
Published on Feb 21, 2025 02:26 PM IST

TikTok returns in US on Play Store and Apple App Store after Trump delays ban

TikTok app logo is seen in this illustration.
Published on Feb 14, 2025 09:41 AM IST

Perplexity AI CEO Aravind Srinivas confirms bid to acquire TikTok's US business

Aravind Srinivas, CEO of Perplexity, speaks during the Semafor 2024 World Economy Summit in Washington, DC in Washington.
Published on Feb 04, 2025 10:26 AM IST

Trump says Microsoft in talks to acquire TikTok, calls for bidding war over app

US President Donald Trump has called for a bidding war over TikTok
Published on Jan 28, 2025 08:06 AM IST

China using TikTok to spy on Americans? Donald Trump's ‘bigger threat’ response

US President Donald Trump defended TikTok in an interview
Published on Jan 23, 2025 11:29 AM IST

Donald Trump halts TikTok ban, giving app 75-day extra time in executive order

A 3D-printed miniature model of US President Donald Trump and TikTok logo are seen in this illustration.
Updated on Jan 21, 2025 10:22 AM IST

TikTok resumes US services amid uncertainty over long-term deal

A message welcoming users back and thanking US President-elect Donald Trump on the TikTok app on a smartphone arranged in Arlington, Virginia, US, on Sunday.
Published on Jan 20, 2025 06:25 PM IST

Why was TikTok banned in the US?

A message welcoming users back and thanking US President-elect Donald Trump on the TikTok app on a smartphone arranged in Arlington, Virginia, US, on Sunday.
Updated on Jan 20, 2025 12:26 PM IST

Relieved US TikTok enthusiasts hope 'magic' returns as app is restored

Relieved US TikTok enthusiasts hope 'magic' returns as app is restored
Published on Jan 20, 2025 05:36 AM IST

Trump to sign executive order postponing US ban on TikTok, asks tech firms to…

President-elect Donald Trump
Updated on Jan 19, 2025 09:26 PM IST

US search engine Perplexity AI proposes merger with TikTok

The Chinese parent company of TikTok, ByteDance, received an offer on Saturday from the U.S. search engine startup Perplexity AI to combine with TikTok U.S., a source familiar with the business's intentions told Reuters.
Published on Jan 19, 2025 11:53 AM IST

TikTok tells users it will be 'temporarily unavailable' in the US on Sunday

Last April, US President Joe Biden signed a law which gave TikTok a deadline of Sunday January 19 to separate its US business from parent firm ByteDance (James Manning/PA)
Published on Jan 19, 2025 08:10 AM IST

Tiktok's warning after US SC upholds ban law: ‘Will go dark on Sunday in US if…’

In this photo illustration, the TikTok logo is displayed on a phone on January 17, 2025 in New York City.
Updated on Jan 18, 2025 10:45 AM IST

How much is TikTok worth? Can someone buy it in US?

Experts have said that without the coveted algorithm, TikTok in US would be like an island disconnected from global content.
Updated on Jan 18, 2025 12:45 PM IST

US Supreme Court upholds law banning TikTok

The US Supreme Court on Friday upheld a law banning video-sharing platform TikTok
Published on Jan 17, 2025 10:10 PM IST

Chinese RedNote users take jab at American ‘TikTok refugees’

As downloads surged, Chinese RedNote users mocked American TikTok refugees joining the platform.
Published on Jan 17, 2025 08:32 PM IST

TikTok ban: Biden hands over Chinese app's fate to Trump before White House exit

President Joe Biden will not enforce a law banning TikTok as he's passed on the app's fate to President-elect Donald Trump, who takes office in a few days.
Published on Jan 17, 2025 10:53 AM IST

TikTok's statement amid US employees' concern over job if it gets banned

The TikTok app is displayed on an iPhone screen in Miami, Florida. US president Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to sell the app to an American company within a year.
Published on Jan 15, 2025 03:56 PM IST

TikTok prepares for shutdown in US this Sunday. What does it mean?

TikTok logo is displayed on the screen of an iPhone in front of a US flag and Chinese flag background in Washington, DC.
Published on Jan 15, 2025 12:34 PM IST

TikTok calls report of possible sale to billionaire Elon Musk's X 'pure fiction'

TikTok purchase? Although Musk is currently ranked as the world's wealthiest person, Bloomberg said it was not clear how Musk could execute the transaction, or if he would need to sell other assets.
Updated on Jan 14, 2025 04:22 PM IST

TikTok alternative: What is RedNote? Trending Chinese app ‘Xiaohongshu’ attracti

Users are flocking to the Chinese platform RedNote, aka Xiaohongshu, to find alternatives to TikTok amid a looming ban.
Published on Jan 14, 2025 03:21 PM IST

Musk defending TikTok's ban resurfaces as Chinese app denies Bloomberg report

TikTok rejected claims of a deal with Elon Musk to sell its U.S. operations, citing a Bloomberg report as fiction. (Photo by RYAN COLLERD / AFP)
Published on Jan 14, 2025 02:34 PM IST

China considering TikTok US sale to Elon Musk as a possible option: Report

Screens displaying the logo of Grok, a generative artificial intelligence chatbot developed by xAI, the American company specializing in artificial intelligence and it's founder Elon Musk.
Updated on Jan 14, 2025 09:23 AM IST