Early ByteDance Backer Halves Funding Goal as Startup Bets Cool
Source Code Capital, among the earliest backers of TikTok owner ByteDance Ltd., is halving its fundraising target to about ...
JD Supra17h
Trump Plans to Create a U.S. Sovereign Wealth Fund and Suggests Potential TikTok Acquisition
President Donald Trump signed an Executive Order (EO) on Feb. 3, 2025, directing the Treasury and Commerce secretaries to submit a comprehensive ...
Spotify19h
ByteDance has been building an AI music beast… with a little help from The Beatles and Michael Jackson
TikTok’s $300 billion-valued parent company, ByteDance, is one of the world’s busiest AI developers. It plans to spend billions of dollars on AI chips this year, while its tec ...