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BYTEDANCE is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than US$12 billion on AI in 2025, the Financial Times reported on Tuesday, citing ...
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 ...
Exclusive: ByteDance plans $20 billion capex ... Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations ...
ByteDance, the parent company of TikTok and Douyin, will discontinue its Lunar New Year “lucky money” tradition for employees starting in 2026 but plans to enhance their medical insurance cover.