News with the tag "ByteDance"

On Thursday, Trump suggested that he may extend TikTok’s sale or ban deadline if a deal for the China-owned app isn’t reached within the 75-day negotiation period ending on 5th April. Speaking with reporters at the Oval Office, Trump said, “We have a lot of interest in TikTok. China is going to play...

TikTok is back. The social media giant reappeared on Apple’s App Store and Google Play late Thursday, nearly a month after it was pulled from both platforms. The removal happened on January 18, just before a new U.S. law took effect that targeted apps controlled by foreign adversaries. The law, know...

TikTok has announced that it will enable Android users in the US to download and use the app through some package kits accessible on its website. This comes as the ByteDance-owned app is looking at ways to circumvent the restrictions that were imposed on the app in the US. TikTok found a way out for...

Chinese ByteDance reportedly plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home. Sources who spoke to Reuters revealed the TikTok owner will pump a significant chunk of the total money (150 billion yuan or $20 billion) abroad ...

TikTok’s CEO Shou Zi Chew is heading to Washington, D.C., not for damage control but to watch Donald Trump’s second inauguration from one of the most coveted seats in the house. According to reports , Chew will sit on the dais alongside tech giants like Elon Musk, Mark Zuckerberg, and Jeff Bezos. Go...

Beijing officials would rather have TikTok retain its ownership under parent company ByteDance Ltd. However, with the looming ban in the US market, they are contemplating selling the platform’s US operations to Elon Musk. The United States is still discussing the potential TikTok ban. However, with ...

Elon Musk’s social media platform X may take control of TikTok US and run the businesses together under one potential scenario reportedly being considered.

TikTok parent company ByteDance is betting big on Artificial Intelligence (AI) despite the United States’ curbs on chip sales to China. According to a report by The Information, the TikTok owner plans to spend $7 billion on Nvidia chips in 2025. This comes as President-elect Donald Trump intervened ...

Chinese tech giant Baidu recorded its worst quarter in more than 24 months as the country’s economy was not conducive to Baidu’s push into generative AI. For the quarter ending September, Baidu saw its revenue drop by 3% to $4.6 billion which was in tandem with the projections analysts had made. The...

Tech companies with origins in China are on a hiring spree in the U.S., pulling talent straight out of Silicon Valley’s backyard. Alibaba, ByteDance, Meituan, and even smaller players are aggressively recruiting engineers and researchers from America’s top firms. It’s a bold strategy, and it’s all h...