ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be
TikTok's influence has been greater than its seemingly short-lived demise. The ByteDance-owned app returns after going dark over the weekend.
TikTok is no longer available in the United States —at least for now. But it’s not the only ByteDance-owned app that’s currently blocked for US-based users.
While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are its most valuable.
YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison are names that have floated around in the past week.
With no Supreme Court ruling on TikTok today, tensions are high. The wildly popular social media platform owned by China's ByteDance could shut down in the U.S. on Jan. 19 – just four days from now — or sell itself to an entity Stateside if the Justices do not rule otherwise.
TikTok, owned by ByteDance, is on the verge of being banned in the United States. The thing is, the government could go after other ByteDance apps, and there are quite a few of them operating in the U.
TikTok was banned and restored within the same weekend. Find out what other apps owned by ByteDance, are in limbo below.
Meta’s Instagram and Google’s YouTube are getting ready to welcome TikTok users, as the Supreme Court upheld a law that effectively bans the Chinese-owned app from the United States.
The morning of Jan. 17, the Supreme Court of the United States gathered to vote on a decision to ban TikTok — owned by ByteDance — in the U.S., unanimously
Disappointment, denial and confusion flooded US TikTok upon hearing that Chinese owner ByteDance planned to shut off the app by Sunday.