Browsing: ExclusiveByteDance

BEIJING (Reuters) -ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for…

(Reuters) – TikTok’s Chinese parent ByteDance plans to develop an AI model trained primarily with chips from compatriot Huawei Technologies,…

By Kane Wu and Julie ZhuHONG KONG (Reuters) -TikTok owner ByteDance would prefer to shut down its loss-making app rather…