ByteDance, the owner of TikTok, slows down negotiations for a U.S. sale as China seeks a grand deal with Trump administration ...
The Beijing-based company has budgeted Rmb40bn ($5.5bn) to acquire AI chips in China in 2025, said two people familiar with the plans, which would double the amount it spent last year. The group also ...
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 ...
The Vice President of the United States, JD Vance, will oversee the divestment of TikTok's (BDNCE) American operations from ...
SpaceX's valuation is around $350 billion after the Elon Musk-owned company agreed to buy back $1.25 billion worth of stock at $185 a share in December. ByteDance, the parent company of TikTok ...
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 ...
Elsewhere, Justice Samuel Alito deployed a sartorial metaphor to describe the bond TikTok creators share with ByteDance’s algorithm. “I mean, I really love this old shirt because I’ve been ...
Microsoft has been tipped to buy TikTok as ByteDance's Marvel Snap makes a return to the App Store. Here are all the details ...
TikTok is considering alternative solutions to selling its US business, as owner ByteDance continues the fight to keep its 170 million American users after a reprieve from the Trump administration, a ...
The developments in AI reasoning by ByteDance, DeepSeek and others is likely to challenge the market share of OpenAI and other large language models in terms of both performance metrics and fees ...
Any such transaction could affect plans for a future ByteDance initial public offering, with the company valuing itself at $300bn during a recent share buyback programme. The company drew up its ...