* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, May 30, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Rachel Guttman Launches Entertainment Law Firm Gutt Law, PLLC [Exclusive] – MusicRow.com

    Rachel Guttman Unveils Exciting New Entertainment Law Firm: Gutt Law, PLLC!

    HYBE Cashes In: Offloads Final Stake in K-Pop Rival SM Entertainment for $177 Million!

    Allied Gaming & Entertainment Receives Expected Nasdaq Notice Regarding Delayed Quarterly Report – Business Wire

    Allied Gaming & Entertainment Faces Nasdaq Notice Over Delayed Quarterly Report

    Weekly Entertainment Report May 29-June 1: Where to find lively arts, music, and shows – Manchester Ink Link

    Weekly Entertainment Report May 29-June 1: Where to find lively arts, music, and shows – Manchester Ink Link

    Aziz Ansari made Keanu Reeves Indian food so he wouldn’t feel ‘freaked out’ directing him in Good Fortune (exclusive) – Entertainment Weekly

    Aziz Ansari Whips Up Indian Cuisine for Keanu Reeves to Ease Directing Jitters in Good Fortune

    Cassie Ventura welcomes third child – crossroadstoday.com

    Cassie Ventura Joyfully Welcomes Her Third Child!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Finland to head EU’s quantum defense technology project – Latest news from Azerbaijan

    Finland Takes the Lead in Pioneering EU’s Quantum Defense Technology Initiative!

    i3D Robotics Unveils Breakthrough Glass Defect Detection Technology – USGlass Magazine

    Revolutionary Glass Defect Detection Technology Unveiled by i3D Robotics!

    4Liberty Announces Collaboration with Itron to Drive Innovation in Utility Technology Adoption and Optimization – FinancialContent

    4Liberty Partners with Itron to Revolutionize Utility Technology and Boost Innovation

    Q1 2025 Quantum Technology Investment: What’s Driving the Surge in Quantum Investment? – The Quantum Insider

    Unleashing the Future: Exploring the Surge in Quantum Technology Investments for Q1 2025

    MIT Team Releases Tempting Report on Electric Aircraft Technology – AVweb

    MIT Team Releases Tempting Report on Electric Aircraft Technology – AVweb

    MSE, DXC Technology expand tech partnership – Sports Business Journal

    MSE, DXC Technology expand tech partnership – Sports Business Journal

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Rachel Guttman Launches Entertainment Law Firm Gutt Law, PLLC [Exclusive] – MusicRow.com

    Rachel Guttman Unveils Exciting New Entertainment Law Firm: Gutt Law, PLLC!

    HYBE Cashes In: Offloads Final Stake in K-Pop Rival SM Entertainment for $177 Million!

    Allied Gaming & Entertainment Receives Expected Nasdaq Notice Regarding Delayed Quarterly Report – Business Wire

    Allied Gaming & Entertainment Faces Nasdaq Notice Over Delayed Quarterly Report

    Weekly Entertainment Report May 29-June 1: Where to find lively arts, music, and shows – Manchester Ink Link

    Weekly Entertainment Report May 29-June 1: Where to find lively arts, music, and shows – Manchester Ink Link

    Aziz Ansari made Keanu Reeves Indian food so he wouldn’t feel ‘freaked out’ directing him in Good Fortune (exclusive) – Entertainment Weekly

    Aziz Ansari Whips Up Indian Cuisine for Keanu Reeves to Ease Directing Jitters in Good Fortune

    Cassie Ventura welcomes third child – crossroadstoday.com

    Cassie Ventura Joyfully Welcomes Her Third Child!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Finland to head EU’s quantum defense technology project – Latest news from Azerbaijan

    Finland Takes the Lead in Pioneering EU’s Quantum Defense Technology Initiative!

    i3D Robotics Unveils Breakthrough Glass Defect Detection Technology – USGlass Magazine

    Revolutionary Glass Defect Detection Technology Unveiled by i3D Robotics!

    4Liberty Announces Collaboration with Itron to Drive Innovation in Utility Technology Adoption and Optimization – FinancialContent

    4Liberty Partners with Itron to Revolutionize Utility Technology and Boost Innovation

    Q1 2025 Quantum Technology Investment: What’s Driving the Surge in Quantum Investment? – The Quantum Insider

    Unleashing the Future: Exploring the Surge in Quantum Technology Investments for Q1 2025

    MIT Team Releases Tempting Report on Electric Aircraft Technology – AVweb

    MIT Team Releases Tempting Report on Electric Aircraft Technology – AVweb

    MSE, DXC Technology expand tech partnership – Sports Business Journal

    MSE, DXC Technology expand tech partnership – Sports Business Journal

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

ByteDance Launches Another Share Buyback, Valuation Declined by 10% 

December 7, 2023
in Technology
ByteDance Launches Another Share Buyback, Valuation Declined by 10% 
Share on FacebookShare on Twitter

ByteDance, the parent company of TikTok, is allegedly proposing to repurchase approximately $5 billion in shares from investors, a move that would value the company at around $268 billion, according to two sources familiar with the matter, per Reuters. 

According to insiders at ByteDance, the repurchase price is $160 per share, which is the same as the employee stock option repurchase price in October this year, corresponding to an estimated value of about $268 billion. This marks a decrease of about 10% compared to the same period in 2022. 

Regarding the decrease of ByteDance’s valuation, experts believe it is mainly caused by two factors. First, the development of ByteDance’s overseas business has been hindered, with TikTok and TikTok Shop facing restrictions in multiple countries. Second, the company has not released any hit products in a long time.

However,this situation may be changing. This week, TikTok reached a cooperation agreement with Indonesian tech company GoTo to restart its e-commerce business, indicating a pause of the Indonesian government’s ban on TikTok. Also, ByteDance has been adjusting its development strategy through the contraction of certain business units. In November, the company’s VR business Pico underwent layoffs, so did its game brand Nuverse. ByteDance is also reportedly considering selling its game studio Moonton. With the release of a large model product in November, the company is also exploring opportunities within the realm of AI. 

SEE ALSO: ByteDance Launches Large Model Product “ChitChop”

Sign up today for 5 free articles monthly!

Pandaily Substack subscribe

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Pandaily – https://pandaily.com/bytedance-launches-another-share-buyback-valuation-declined-by-10/

Tags: ByteDancelaunchestechnology
Previous Post

NIO to Spin Off Battery Production Unit by Year-End

Next Post

Zeekr to Unveil New Self-Developed Battery on Dec 14

Issues & problems in Puget Sound – Washington State Department of Ecology (.gov)

Uncovering the Challenges Facing Puget Sound: A Deep Dive into Environmental Issues

May 30, 2025
As Trump comes after research, Forest Service scientists keep working – High Country News

Amid Political Turmoil, Forest Service Scientists Forge Ahead with Vital Research

May 30, 2025

How Major NSF Funding Cuts Could Transform the Future of Science

May 30, 2025
High Maintenance Partner: Is it Worth It!? Love Bites with Lifestyle Coach Francesca Luca – WATD 95.9 FM

High Maintenance Love: Is It Worth the Effort

May 30, 2025
Steer World launches iSeries line of extruders – Recycling Today

Steer World Unveils Innovative iSeries Line of Extruders!

May 30, 2025
India’s economy outperforms peers as it surges 7.4% in January-March – Reuters

India’s Economy Soars with an Impressive 7.4% Growth in Q1!

May 30, 2025
Rachel Guttman Launches Entertainment Law Firm Gutt Law, PLLC [Exclusive] – MusicRow.com

Rachel Guttman Unveils Exciting New Entertainment Law Firm: Gutt Law, PLLC!

May 30, 2025
Oklahoma oil and gas drillers face few regulations amid lingering concerns about health impact – Oklahoma Voice

Unregulated Oil and Gas Drilling in Oklahoma: Health Concerns on the Rise

May 30, 2025
Trump administration pressures ‘sanctuary jurisdictions’ by publishing list of places ‘deliberately obstructing’ immigration enforcement – PBS

Trump Administration Targets Sanctuary Cities with Controversial Immigration Enforcement List

May 30, 2025
Finland to head EU’s quantum defense technology project – Latest news from Azerbaijan

Finland Takes the Lead in Pioneering EU’s Quantum Defense Technology Initiative!

May 30, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (653)
  • Economy (666)
  • Entertainment (21,573)
  • General (15,248)
  • Health (9,708)
  • Lifestyle (668)
  • News (22,149)
  • People (668)
  • Politics (674)
  • Science (15,888)
  • Sports (21,171)
  • Technology (15,653)
  • World (654)

Recent News

Issues & problems in Puget Sound – Washington State Department of Ecology (.gov)

Uncovering the Challenges Facing Puget Sound: A Deep Dive into Environmental Issues

May 30, 2025
As Trump comes after research, Forest Service scientists keep working – High Country News

Amid Political Turmoil, Forest Service Scientists Forge Ahead with Vital Research

May 30, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version