Founded by entrepreneur Zhang Yiming in 2012, ByteDance is set to invest 4.5 billion yuan (US$615 million) in a new computing centre in Datong, a city in northern Shanxi province, as part of ...
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 ...
The Founding Fathers – joined by Lin-Manuel Miranda as Alexander Hamilton – tried to raise a glass to freedom on “Saturday Night Live,” but were interrupted by James Austin Johnson as ...
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 ...
General Atlantic CEO and ByteDance board member Bill Ford said Wednesday that he believes TikTok soon will reach a deal to remain in the U.S. “It’s in everybody’s interest,” Ford said at ...
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 ...
Perplexity AI submitted a revised merger proposal to TikTok’s Chinese parent ByteDance as the popular video-sharing app stares down a national ban, according to multiple reports. Under the new ...
ByteDance is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford. The Chinese company is looking at options for the social ...
Perplexity is reportedly proposing the creation of a new US holding company called "NewCo". ByteDance would reportedly sell TikTok US to the investors, giving the company's existing investors an ...
BEIJING: 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 ...