The Chinese unicorn’s Seed Edge programme reflects its aggressive investment strategy, as other major tech firms push their ...
The Supreme Court upheld the TikTok ban, causing the app to go dark for half a day. Then, Trump issued an executive order to ...
Chinese ByteDance plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home.
BEIJING, Jan 23 (Reuters) - ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on ...
TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...
According to a ByteDance board member, he thinks that the TikTok ban in the US can be resolved without having to sell the ...
CNBC's Deirdre Bosa joins 'The Exchange' with the latest details on the AI race between the U.S. and China. CNBC's Deirdre ...
TikTok was banned in the US due to national security concerns over its Chinese ownership, prompting federal action requiring ...
Droves of self-described "TikTok refugees" migrated over to other Chinese apps, specifically Lemon8 and RedNote.
Anti-TikTok sentiment rapidly accelerated through all branches of government. A congressional bill demanding ByteDance sell ...
YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison are names that have floated around in the past week.