President Donald Trump said late Monday he hoped there would be a “bidding war” for TikTok, claiming Microsoft is now among the companies interested in buying ByteDance’s popular social ...
Under the proposed deal, ByteDance, TikTok's China-based owner, would retain a minority stake in the company, while Oracle would oversee the app's algorithm, data collection, and software updates.
BEIJING (Reuters) -ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial ...
BEIJING (Reuters) -ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial ...
ByteDance said: "the anonymously sourced information about our spending is incorrect." It didn't elaborate. Nvidia declined to comment. Huawei and Cambricon did not immediately respond to requests ...
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ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than $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 ...
WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on ...
WASHINGTON -TikTok is not the only app owned by Chinese internet giant ByteDance that is flickering back to life. CapCut, a popular video-editing app, came back online in the US on Jan 21 after ...
SHANGHAI -- Chinese technology company ByteDance is set to release its most lucrative smartphone app game in its home country, seeking to gain ground on rival Tencent Holdings in the world's ...
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