TikTok agrees to deal to cede control of US business to American investor group The deal closes a long-running drama in which U.S. authorities have sought to compel ByteDance to divest.
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Anysphere acquires code review startup Graphite, bolstering its AI coding capabilities and underscoring the growing importance of AI-powered tools in enterprise software development.

ByteDance, the TikTok parent, is on track to generate a staggering $50 billion in profits by 2025, surpassing its own internal targets.