Exclusive: ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
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, ByteDance
Newsweek is tracking the flurry of executive actions President-elect Trump is expected to sign on Monday. Follow along here.
Donald Trump told a pre-inaugural, MAGA-heavy rally that “TikTok is back,” as he has pledged to sign an executive order that ...
The new US president is delivering a virtual address, one of the first major speeches of his presidency, at the World Economic Forum in Davos.
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Trump threatens Putin, TikTok stays in US - Wednesday briefUS President Donald Trump threatened Russian leader Vladimir Putin. Meanwhile, China-based parent company ByteDance is set to ...
President Donald Trump’s decision to issue an executive order Monday delaying enforcement of the federal ban on TikTok has deepened a murky legal landscape in the US for the popular social media app ...
The app’s availability in the U.S. has been thrown into jeopardy over data privacy and national security concerns.
Trump is reportedly open to the idea of Elon Musk or Oracle head honcho Larry Ellison, among others, buying TikTok. But there ...
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