E-commerce company eBay unveiled its first climate transition plan on Wednesday and said it would ramp up efforts to ...
TikTok’s parent company ByteDance has already seen big success with in-stream shopping in the Chinese version of the app ...
ByteDance, the Chinese parent company of TikTok, is reportedly set to ramp up its investment in artificial intelligence (AI) to the tune of $23 billion next year amid a broader strategy to keep up ...
ByteDance is preparing to raise its capex to CNY160 billion (approx. US$22.70 billion) in 2026, allocating over half of this amount, CNY85 billion, towards purchasing artificial intelligence chip ...
AI expansion goes global as ByteDance aims to compete ByteDance, the parent company of TikTok, is set to ramp up its AI investments significantly next year. The company plans to… AI expansion goes ...
Dec 22 (Reuters) - TikTok owner ByteDance has ‌made preliminary plans ‌for capital expenditure of 160 billion ⁠yuan ($22.74 ‌billion) in 2026 to ‍build artificial intelligence infrastructure, the ...
ByteDance, the parent company of TikTok, has taken a significant step to prevent the popular social media platform from being banned in the United States. The company has finalized binding agreements ...
WASHINGTON, DC - MARCH 23: TikTok CEO Shou Zi Chew testifies before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill on March 23, 2023 in Washington, DC. On ...
(Bloomberg/Echo Wong and Min Jeong Lee) — ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into ...
After a year of stalled negotiations, TikTok owner ByteDance has reportedly agreed to Donald Trump’s deal giving US owners majority ownership of the app. By signing the agreements, ByteDance has ended ...