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

When Donald Trump was sworn in as the 47th US president on January 20, several tech tycoons were present - from Amazon.com's ...

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

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

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 ...

The disappearance of popular video app TikTok in the U.S. this week highlighted the looming ban which President Donald ...

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The ban ends an influential eight-year run of TikTok in the U.S. in which ByteDance avoided multiple threats to shut down the app.

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 ...