In the Face of U.S. Ban Threats, TikTok’s Parent Company is More Profitable Than Ever

The Chinese tech giant continues to rake in billions in profits. But a potential U.S. TikTok ban looms. While TikTok faces an uncertain future in the U.S., its Chinese parent company continues to rak.....»»

Category: topSource: timeApr 12th, 2024

TikTok has promised to sue over the potential US ban. What’s the legal outlook?

Legislation forcing TikTok’s parent company to sell the video-sharing platform or face a ban in the U.S. receive.....»»

Category: topSource: chicagotribuneApr 25th, 2024

Vans, The North Face Parent V.F. Corporation Shares Drop After Worse-Than-Expected Q4 Results

V.F. Corp (NYSE:VFC) shares are trading lower after the company reported its fourth-quarter financial results Wednesday. Here's a look at the details.  The Details: VF Corp. reported quarterly losses of 32 c.....»»

Category: earningsSource: benzingaMay 22nd, 2024

China is asking its tech giants to ditch Nvidia chips and buy local instead: report

Chinese officials told TikTok parent company, Bytedance, Alibaba, Baidu, and Tencent to buy Chinese-made AI chips.....»»

Category: dealsSource: nytMay 14th, 2024

TikTok Sues U.S. to Block Law That Could Ban the Social Media Platform

The lawsuit filed on Tuesday may be setting up what could be a protracted legal fight over TikTok's future in the United States. TikTok and its Chinese parent company.....»»

Category: topSource: timeMay 7th, 2024

TikTok sues US to block law that could ban the social media platform

TikTok and its Chinese parent company ByteDance are suing the U.S. federal government.....»»

Category: topSource: chicagotribuneMay 7th, 2024

Here"s who could buy TikTok if parent company ByteDance has to sell its stake

TikTok could avoid being banned in the US if it can find a buyer. Here's a list of people and companies that could be likely buyers for the platform. With over a billion users worldwide, TikTok is.....»»

Category: personnelSource: nytApr 22nd, 2024

: CEO of TikTok parent ByteDance to step down

Zhang Yiming, co-founder of TikTok parent ByteDance, will step down as CEO by the end of the year, the Chinese company said Thursday......»»

Category: topSource: marketwatchMay 19th, 2021

Face mask price-gougers set up a black market on Facebook and Instagram using anonymous profiles

Screenshot/Instagram Facebook, Instagram's parent company, is no longer permitting advertisements or commerce listings for face masks, hand sanitizers, disinfecting wipes, or COVID-19 test kits. But some .....»»

Category: topSource: businessinsiderMar 26th, 2020

TikTok Founder Trials Resso, a Spotify Challenger

The parent company of social media platform TikTok has launched a brand it hopes will challenge Spotify in the online music.....»»

Category: topSource: redherringDec 16th, 2019

Report claims TikTok parent company ByteDance is working with China"s Communist Party to spread propaganda on Xinjiang

Reuters ByteDance, the company that owns the viral video app TikTok, is working closely with China's .....»»

Category: topSource: businessinsiderNov 29th, 2019

Inside TikTok: A culture clash where U.S. views about censorship often were overridden by the Chinese bosses

The tensions inside TikTok's Beijing-based parent company highlight a growing challenge for the American Internet as Chinese tech giants race to expand and compete more directly with social-media firms in the West......»»

Category: topSource: washpostNov 5th, 2019

TikTok"s parent company confirms plans for a smartphone

Yes, the company behind TikTok really is making a smartphone. ByteDance has confirmed that's producing a handset .....»»

Category: topSource: moneycentralJul 29th, 2019

Communities First Financial Corporation Earns $2.27 Million for 2Q19, Up 47% from 2Q18; Profits Grow 46% in the First Six Months of 2019

FRESNO, Calif., July 18, 2019 (GLOBE NEWSWIRE) -- Communities First Financial Corporation (the "Company") (OTCQX:CFST), the parent company of Fresno First Bank (the "Bank"), today reported two of the most profitable perio.....»»

Category: earningsSource: benzingaJul 18th, 2019

The other shoe drops: North Face parent and fintech company follow up HQ moves to Denver with Bay Area layoffs

Layoffs hit San Francisco and Alameda as the two companies prepare to shutter their facilities......»»

Category: topSource: bizjournalsJun 13th, 2019

Pick n" Save parent Kroger buying Chicago meal-kit company Home Chef

In the wake of threats to the grocery industry from online grocery providers, Kroger Co. recently announced plans to purchase Home Chef, the nation's largest private meal-kit company. Kroger paid $200 million for Home Chef, and it will pay an a.....»»

Category: topSource: bizjournalsMay 24th, 2018

VF Corp. Relocating Corporate HQ to Denver, Bringing 800 Jobs

The North Face at Buckhead Marketplace in Atlanta. VF Corp., parent company of outdoor brands such as The North Face and JanSport, plans to relocate its corporate headquarters from North Carolina .....»»

Category: smallbizSource: nytAug 13th, 2018

Wrangler, Lee owner to spin off jeans unit

VF Corp will spin off its denim business that houses Lee and Wrangler jeans into an independent public company, it said on Monday, seeking to sharpen its focus on more profitable brands such as Vans shoes and The North Face outdoor wear......»»

Category: videoSource: reutersAug 13th, 2018

VF Corp to spin off Lee, Wrangler into public company

VF Corp, one of the world's biggest apparel makers, will spin off Lee and Wrangler jeans into a separate public company to focus on more profitable brands like Vans and The North Face. Roselle Chen reports......»»

Category: videoSource: reutersAug 13th, 2018

VF to spin off Lee and Wrangler jeans into public company

VF Corp , one of the world's biggest apparel makers, will spin off Lee and Wrangler jeans into a separate public company, it said on Monday, allowing it to focus on its more profitable Vans sneakers and The North Face outerwear businesses......»»

Category: topSource: reutersAug 13th, 2018

Vans-parent VF"s stock soars after profit and sales beat, raised outlook

Shares of VF Corp. shot up 8.5% toward a 6-week high in premarket trade Friday, after the apparel and accessories company, which brands include Vans, The North Face .....»»

Category: topSource: marketwatchJan 18th, 2019