TikTok parent ByteDance sets aside $12B to spend on AI chips this year - FT
ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget ...
Billionaire McCourt open to keeping original investors in any TikTok deal
Businessman Frank McCourt is "open-minded" to keeping TikTok's existing investors, including the founder, involved after any ...
How TikTok grew from a fun app for teens into a potential national security threat
If it feels like TikTok has been around forever, that’s probably because it has, at least if you’re measuring via internet ...
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How TikTok grew from a Fun app for teens into a potential National Security Threat
Here’s a closer look at how TikTok arrived at this juncture. ByteDance is founded in China by entrepreneur Zhang Yimin. Its first hit product is Toutiao, a personalized news aggregator for ...
U.S. Ban of TikTok Is Set to Deal a Major Blow to ByteDance, Its Chinese Owner
While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are ...
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US TikTok ban highlights tensions between national security and free speech rights
TikTok is one of more than 100 apps developed in the past decade by ByteDance, a technology firm founded in 2012 by Chinese entrepreneur Zhang Yiming and headquartered in Beijing’s northwestern ...