Short-form video app says it is ‘fortunate’ that Donald Trump has ‘indicated he will work with us on a solution’ ...

ByteDance: The main beneficiaries of the spending will be chipmakers Huawei Technologies and Cambricon Technologies plus US ...

ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...

Sonja Hutson Good morning from the Financial Times. Today is Wednesday, January 22nd. And this is your FT News Briefing. Netflix just broke a subscriber record. And Wall Street investors are bracing ...

Netflix added a record 19mn subscribers in the fourth quarter, fuelled by live sports. US stocks rallied while currencies swung the day after Donald Trump’s inauguration, and TikTok-owner ByteDance ...

ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...

The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.

ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget ...

ByteDance reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, ...

Chinese ByteDance plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home.

This move comes as the Chinese company faces pressure from Washington to sell its popular video-sharing app in the United ...