The Chinese unicorn’s Seed Edge programme reflects its aggressive investment strategy, as other major tech firms push their ...
TikTok went dark in the U.S. as roughly 170 million Americans were denied access to the popular social media app. Although ...
ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget ...
Businessman Frank McCourt is "open-minded" to keeping TikTok's existing investors, including the founder, involved after any ...
Zhang has a 21% equity stake in TikTok’s Beijing-based parent, ByteDance, and majority control over the company through extra voting rights. In a reminder of the Chinese government’s influence ...
ByteDance is founded in China by entrepreneur Zhang Yimin. Its first hit product is Toutiao, a personalized news aggregator ...
When Chinese quant hedge fund founder Liang Wenfeng went into AI research, he took 10,000 Nvidia chips and assembled a team of young, ambitious talent. Two years later, DeepSeek exploded on the scene.
The involvement of ByteDance founder Zhang Yiming would be subject to approval by the Committee on Foreign Investment in the United States. ByteDance did not immediately respond to a request for ...
Zhang has a 21% equity stake in TikTok’s Beijing-based parent, ByteDance, and majority control over the company through extra ...
While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are ...