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 has finalised a deal to allow its American business to continue, by creating a new US entity separate from its global operations, which are run out of China. Under the deal ...
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 ...
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 ...
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The US TikTok ban – a full timeline
Ah, TikTok. The social media app so addictive it needs to forcibly insert videos onto your feed specifically designed to remind you to log off and touch grass every once in a while. However, TikTok's ...
(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 ...
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