which raises fresh questions about any ByteDance IPO plans and the importance of its US business. Still, American investors are confident they’re holding a winning hand no matter the outcome.

It was unclear how the 2025 plan compared with prior years as the private company does not disclose financial details. On Tuesday, the Financial Times reported ByteDance planned $12 billion for AI ...

REUTERS/Aly Song/File Photo MOSCOW, Jan 22 (Bernama-Sputnik/RIA Novosti) - Chinese company ByteDance, the owner of the TikTok social media platform, plans to spend over US$12 billion on developing ...

MOSCOW, Jan 22 (Bernama-Sputnik/RIA Novosti) - Chinese company ByteDance, the owner of the TikTok social media platform, plans to spend over US$12 billion on developing AI-related infrastructure in ...

CFO Julie Gao said at an all-hands meeting last week that the growth rate of the company’s China business has dropped relative to previous years, The Information reported, which raises fresh questions ...

The prospects for a ByteDance or TikTok initial public offering (IPO) anytime soon are slim. Amid slow progress on IPO efforts in 2022, ByteDance bought back $3 billion in shares at a $300 billion ...

KUALA LUMPUR: China’s ByteDance, parent of social media app TikTok, plans to invest around RM10bil to set up an artificial intelligence (AI) hub in Malaysia, according to the country’s trade ...

Technologycategory· January 23, 2025 Exclusive: ByteDance plans $20 billion capex in 2025, mostly on AI, sources say ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($ ...

Any resolution for TikTok in the US — even a ban — would also clear a major roadblock for ByteDance if it ever decides to pursue an IPO, a long-rumored outcome for the tech giant that would be ...