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ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...
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 ...
The move comes amid pressure from Washington to sell TikTok in the United States. Read more at straitstimes.com.
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
President Donald Trump has directed his Justice Department to pause enforcement of the TikTok ban until early April.
ByteDance, the owner of TikTok, plans to invest over $12 billion in AI infrastructure in 2023. This strategic move aims to ...