TikTok owner ByteDance plans to spend more than $12bn on artificial intelligence infrastructure this year, betting on the cutting-edge technology for new growth while under pressure from Washington to sell its popular video-sharing app in the US.
Short-form video app says it is ‘fortunate’ that Donald Trump has ‘indicated he will work with us on a solution’
Part 1: Reading Questions: Read the FT article: TikTok begins restoring US service after Trump vows to delay ban and then answer the questions below. What action did TikTok take after President Trump provided clarity on the US ban, and why was this important?
ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than $12 billion on AI in 2025, the Financial Times reported on Tuesday, citing sources.
TikTok is difficult to value. Keeping those complications in mind, Forbes spoke with at least nine people and came up with these different scenarios.
A growing number of researchers fear that the controversial app is promoting pro-China content and softening attitudes towards the People’s Republic
The federal law banning TikTok has revealed a major schism among American tech companies: Some are willing to flout the law — and some, including Apple and Google, are not.
Some users saw the social media app come back online on Sunday, following a shutdown when a federal law went into effect requiring a sale or ban.
TikTok and its China-based parent company ... ByteDance also said it fired four employees who accessed data on journalists from Buzzfeed News and The Financial Times while attempting to track down leaks of confidential materials about the company.
President-elect Donald J. Trump’s idea, a 50-50 “joint venture” between the existing Chinese owner and some kind of American entity, was more politics than substance.
TikTok may be banned in the U.S. over the weekend, but Americans are heading to another Chinese-owned video platform: RedNote.
But TikTok is not going down without a fight ... with a value of over $17 billion, according to the Financial Times. Known as Xiaohongshu, which translates to “little red book,” RedNote features a layout similar to Pinterest and is often described ...