The Chinese unicorn’s Seed Edge programme reflects its aggressive investment strategy, as other major tech firms push their ...

ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget ...

TikTok’s founder, Zhang Yiming, has one connection that could ... Zhang has a 21% equity stake in TikTok’s Beijing-based parent, ByteDance, and majority control over the company through ...

Chinese govt has considered plan involving acquisition of TikTok’s US operations by Elon Musk; ban on TikTok is expected to ...

The involvement of ByteDance founder Zhang Yiming would be subject to approval by the Committee on Foreign Investment in the United States. ByteDance did not immediately respond to a request for ...

TikTok’s founder, Zhang Yiming, has one connection that could help smooth the ... Zhang has a 21% equity stake in TikTok’s ...

Businessman Frank McCourt is "open-minded" to keeping TikTok's existing investors, including the founder, involved after any ...

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

ByteDance is devising plans to invest $7bn in cloud-based graphics processing units (GPUs) to circumvent US restrictions on exporting advanced chips to China, The Information reported citing sources.

While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are ...

In 2018, Zhang Yiming, the founder of ByteDance, toed the party line after Beijing shut down ByteDance’s jokes app. He apologized publicly for his company’s deviations from socialistic core ...