Report: ByteDance sets aside about $20B for AI spending this year
TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...
TikTok owner ByteDance asks expat employees to pay Chinese tax
TikTok parent ByteDance is asking Chinese employees at its Singapore headquarters to pay tax to their home country or risk ...
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ByteDance eyes $12B AI chip investment this year amid TikTok uncertainty (report)
As TikTok faces uncertainty and mounting pressure in the US, its parent company ByteDance plans an ambitious $12 billion ...
TikTok ban goes before Supreme Court. Here’s where the app’s $10 billion in ad revenue could go if it dies.
TikTok had an estimated $10.1 billion in U.S. advertising revenue last year and could score $12.8 billion this year, according to analysts at Benchmark. They reckon that revenue p ...
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 ...
What Brands And Content Creators Stand To Lose If TikTok Goes Dark
In exploring what they stand to lose if ByteDance doesn’t secure an American buyer for TikTok, brands and influencers share how they've successfully used the platform.
With a US Ban on TikTok Hours Away, Trump Says He 'Most Likely' Will Grant an Extension
President-elect Donald Trump says he “most likely” will give TikTok 90 more days to work out a deal that would allow the ...
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Why Nvidia’s (NVDA) China Revenue Is Guaranteed Despite Restrictions
According to a report published by The Information, ByteDance is planning ... has gone down from 25% of the total revenue to 15% over the last few years. But is it just a case of the missing ...