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.
TikTok is no longer available in the United States —at least for now. But it’s not the only ByteDance-owned app that’s currently blocked for US-based users.
The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the app's global operations, two sources with
Unless its owner agrees to sell, TikTok will be banned in the U.S. on Jan. 19. Here's how to download your account if no one buys the app.
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be
The thing is, ByteDance, TikTok's parent company, has owned and operated other apps within the U.S. You might've learned that over the past couple weeks, as other popular apps went dark and ...
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI models capable of tackling complex problems.
TikTok was banned and restored within the same weekend. Find out what other apps owned by ByteDance, are in limbo below.
Another day in the music industry, another update on the possible futures for TikTok in the US. ByteDance board member Bill Ford told Bloomberg Television that the company is seeking alternatives to a sale – even though that appears to be President Trump’s plan. Sign in by entering the code we sent to , or clicking the magic link in the email.
ByteDance is exploring a deal that would keep TikTok running in the U.S. without selling its operations, Jack Sidders, Lisa Abramowicz, and
Perhaps the most appealing option for ByteDance could be if Trump blessed a merger between TikTok and Perplexity AI—a San Francisco-based AI search company worth about $9 billion that appears to ...
TikTok’s short ban for American audiences began a migration from one company with evident ties to the Chinese Government to one that expressly states, in writing, that your information will be harvested as per Chinese law By banning TikTok,