As the U.S. implemented a new law banning apps tied to "foreign adversaries," particularly ByteDance—the parent company of ...
The TikTok owner is committing 150 billion yuan or $20 billion for AI infrastructure development and testing. ByteDance wants to defend its AI position back home in China. This comes as the future of ...
Social media users braced to lose popular video-sharing app TikTok said their goodbyes ahead of a U.S. ban, only for the app ...
A major shareholder of ByteDance, the Beijing-based owner of TikTok, said Wednesday he was confident that a deal will be reached to ensure the video-sharing app stays online in the US — and ...
ByteDance is set to invest more than 87.2bn yuan ($12bn) in artificial intelligence (AI) infrastructure in 2025, aiming to leverage cutting-edge technology for growth, reported the Financial Times.
General Atlantic CEO and ByteDance board member Bill Ford said Wednesday that he believes TikTok soon will reach a deal to remain in the U.S. “It’s in everybody’s interest,” Ford said at ...
TikTok-parent ByteDance is reportedly gearing up to invest over $12 billion in artificial intelligence infrastructure by 2025. What Happened: The Beijing-based tech giant has allocated ...
Plan comes as future of TikTok in US in doubt BEIJING, Jan 23 (Reuters) - ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for ...
Meta is taking advantage of ByteDance's CapCut being pulled from US app stores this weekend by teasing its own video-editing ...
Instagram has unveiled a new video editing app called Edits, which aims to fill the void left by CapCut's removal from U.S.
Nearly a day after TikTok was restored to U.S. users in a dramatic game of chicken with the federal government, another popular service owned by China-based ByteDance is still dark. CapCut ...
ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital expenditures in 2025, with a substantial portion of the funds being directed ...