The Beijing-based company has budgeted Rmb40bn ($5.5bn) to acquire AI chips in China in 2025, said two people familiar with ...

Social-media giant ByteDance, China's most valuable unicorn, on Thursday unveiled its Seed Edge initiative, a long-term ...

President Donald Trump had recently expressed his support in SpaceX and Tesla CEO Elon Musk or Oracle CEO Larry Ellison ...

TikTok is one of more than 100 apps developed in the past decade by ByteDance, a technology firm founded in 2012 by Chinese entrepreneur Zhang Yiming and headquartered in Beijing’s northwestern ...

ByteDance employees and the company’s founder, Zhang Yiming, also each have a 20% stake. The technology company has not ...

Last year, Kotick expressed interest to ByteDance co-founder Zhang Yiming in buying TikTok. He has spoken with OpenAI CEO Sam Altman and others to help finance the deal, according to The Wall ...

Chinese govt has considered plan involving acquisition of TikTok’s US operations by Elon Musk; ban on TikTok is expected to make massive dent in revenue of parent company ByteDance.

According to the Financial Times, ByteDance is planning to invest over $12 billion in artificial intelligence infrastructure ...

Kotick is a possible TikTok buyer as he has previously spoken to ByteDance founder Zhang Yiming about acquiring the platform, The Wall Street Journal reported in 2024. Rumble offered to buy ...

Potential buyers for TikTok US include MrBeast, Kevin O'Leary, Frank McCourt's Project Liberty and Perplexity AI, who bid a ...

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 ...