TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...
TikTok’s parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matter and a ...
Last year, most lawmakers deemed the Chinese tech giant ByteDance a national security risk and banned its apps. Now, under a Trump reprieve, it’s shipping new apps anyway. In 2024, Congress passed a ...
ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant at more than $330 billion, driven by continued revenue growth ...
ByteDance has developed technology that enables humans to have a conversation with a "socially intelligent agent," as well as another agent. The technology is called introverted, intuitive, feeling, ...
TikTok owner ByteDance is planning to move U.S. users to a new version of CapCut, its video editing app, according to a report from Business Insider. Launching a U.S.-specific app could be part of the ...