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Posted: 2025-08-28 11:18:22 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-08-28 11:18:37 UTC
Verified By
Rollup News
ByteDance surpasses Meta in quarterly revenue, generating $48B in Q2, but faces ongoing U.S. political pressure regarding TikTok, impacting its overall valuation.
ByteDance's revenue exceeds Meta's in Q2.
TikTok faces continuous U.S. political pressure.
ByteDance invests heavily in AI and Nvidia chips.
The company is executing employee buybacks, increasing its valuation.
U.S. political pressure over TikTok.
Delayed TikTok sale and Congressional concerns.