TikTok’s parent company ByteDance Ltd. has revealed plans to jack up its already heavy spending on artificial intelligence infrastructure next year as it races to catch up with U.S. technology giants, ...
TikTok’s Chinese owner, ByteDance, signed binding agreements with three major investors to sell just over 80% of the company’s US assets to American and global investors to avoid a US government ban, ...
2025 was been a busy year for TikTok and the U.S. government. We've saw bans, extensions, rumored deals, and app shutdowns – it was certainly a rollercoaster. But the TikTok ban saga is finally be ...
WASHINGTON, DC - MARCH 23: TikTok CEO Shou Zi Chew testifies before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill on March 23, 2023 in Washington, DC. On ...
(Bloomberg/Echo Wong and Min Jeong Lee) — ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into ...
TikTok's parent company ByteDance is planning to increase its spending on artificial intelligence (AI) in 2026, with $23 billion in reported capital expenditure. According to The Financial Times, ...
ByteDance is preparing to raise its capex to CNY160 billion (approx. US$22.70 billion) in 2026, allocating over half of this amount, CNY85 billion, towards purchasing artificial intelligence chip ...
Add Yahoo as a preferred source to see more of our stories on Google. TikTok is on track to change hands, but what that means for users is up in the air. Stefani Reynolds/AFP via Getty Images Chinese ...
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