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 ...

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 ...

Social media juggernaut TikTok has been given a reprieve thanks to President Trump signing an executive order to delay the ...

ByteDance is going all in on AI, planning to pump over $12 billion into AI infrastructure in 2025. That includes $5.5 billion for AI chips in China and another $6.8 billion to build up its ...

TikTok was banned and restored within the same weekend. Find out what other apps owned by ByteDance, are in limbo below. Why Was TikTok Banned in the U.S.? TikTok was banned in the U.S. due to ...

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 ...