The Beijing-based company has budgeted Rmb40bn ($5.5bn) to acquire AI chips in China in 2025, said two people familiar with ...
Social-media giant ByteDance, China's most valuable unicorn, on Thursday unveiled its Seed Edge initiative, a long-term ...
The high-profile names who could potentially buy TikTok following the Supreme Court's decision to uphold the law banning the ...
While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are ...
ByteDance employees and the company’s founder, Zhang Yiming, also each have a 20% stake. The technology company has not ...
According to the Financial Times, ByteDance is planning to invest over $12 billion in artificial intelligence infrastructure ...
Potential buyers for TikTok US include MrBeast, Kevin O'Leary, Frank McCourt's Project Liberty and Perplexity AI, who bid a ...
ByteDance's global revenue grew to $110 billion (£89 billion) last year, a rise of 30%. ByteDance founder Zhang Yiming, who stepped aside as chief executive in 2021, is China's richest person. Trump ...
TikTok ended its hours-long political stunt on Sunday, with the Chinese company’s owner, ByteDance, making itself available to U.S. users again, after voluntarily taking the app down late ...
The ban ends an influential eight-year run of TikTok in the U.S. in which ByteDance avoided multiple threats to shut down the ...
Founded by entrepreneur Zhang Yiming in 2012, ByteDance is set to invest 4.5 billion yuan (US$615 million) in a new computing centre in Datong, a city in northern Shanxi province, as part of ...