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TikTok, Trump and ByteDance
Donald Trump Wants To Save TikTok. It Might Not Be So Simple.
"There's no legal basis for any kind of 'extension'" to keep the popular social media app running, warned GOP Sens. Tom Cotton and Pete Ricketts on Sunday.
Trump can save TikTok without forcing a sale, ByteDance board member claims
TikTok owner ByteDance is reportedly still searching for non-sale options to stay in the US after the Supreme Court upheld a national security law requiring that TikTok's US operations either be shut down or sold to a non-foreign adversary.
ByteDance director Bill Ford says deal coming to save TikTok in the U.S.
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 the app for 75 days.
AI, ByteDance
Exclusive: ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
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 intelligence, two people briefed on the matter said.
ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in China
Chinese ByteDance reportedly plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home. Sources who spoke to Reuters revealed the TikTok owner will pump a significant chunk of the total money (150 billion yuan or $20 billion) abroad into AI infrastructure development.
ByteDance plans to invest $12bn in AI infrastructure
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
Trump, TikTok and China
Donald Trump Dismisses Concerns On China Spying Via TikTok: Here's What He Said
Trump recently signed an executive order granting TikTok’s Chinese parent company, ByteDance, a 75-day extension to divest its ownership stake.
Trump questions China spying threat and says TikTok will 'stay around'
US President Donald Trump has downplayed the threat of the social media app TikTok being used by the Chinese government to spy on users He says the app will "stay around" and that other products made in China could just as easily be used for spying Also on Wednesday,
GOP China hawks mum as Trump throws TikTok a lifeline
The Capitol Hill Republicans who pushed aggressively to ban TikTok have gone almost totally silent on President Donald Trump’s unilateral decision not to enforce the ban. Asked directly by POLITICO about Trump’s executive order to grant TikTok a reprieve in defiance of the law passed by Congress,
1h
ByteDance board member believes there’s a possibility to retain TikTok ownership without divesting
The deal would involve a change of control on a local level. ByteDance currently has until April 5, 2025 to divest its stake in TikTok to a ...
Newsweek on MSN
8d
Fact-Check: Is Donald Trump Buying TikTok? What We Know as Ban Looms
Reports have identified potential buyers for TikTok, including Steven Mnuchin, Frank McCourt, and Kevin O'Leary of Shark Tank ...
Rolling Out
1d
Donald Trump considers Elon Musk buying TikTok
Donald Trump signed an executive order delaying the US ban on ByteDance's TikTok for 75 days, starting January 19.
2d
on MSN
Donald Trump issues executive order to halt TikTok ban – but is it legal?
President Donald Trump issued an executive order aiming to temporarily halt a law requiring TikTok to sell U.S. assets or be ...
2d
on MSN
President Donald Trump Signs Executive Order Delaying TikTok Ban for 75 Days
President Donald Trump signed an executive order to further delay the TikTok ban in the U.S. In a statement shared hours ...
1d
Donald Trump says he's open to Elon Musk buying TikTok 'if he wanted to'
US President Donald Trump on Tuesday said he would be supportive of the world's richest man and his close aide, Elon Musk, ...
2d
'I got to use it': Donald Trump's evolution from TikTok foe to a fan
Donald Trump is now being hailed as TikTok's savior after he tried to ban the app during his White House first term.
4d
on MSN
Donald Trump Touts That “TikTok Is Back,” Calls Elon Musk To Stage At MAGA-Heavy Pre-Inauguration Rally; Incoming POTUS Will Visit L.A. On Friday
Donald Trump told a pre-inaugural, MAGA-heavy rally that “TikTok is back,” as he has pledged to sign an executive order that ...
LIVE
7h
Trump tells world business leaders to make in America or face tariffs
The new US president is delivering a virtual address, one of the first major speeches of his presidency, at the World Economic Forum in Davos.
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