The information is coming from The Information, where according to their sources ByteDance will reduce its reliance on NVIDIA for its AI hardware, all the while staying in the lines of US export ...
Chinese technology giant ByteDance, the owner of TikTok, has denied reports that it plans to design and produce two types of semiconductors by 2026 to cut reliance on leading US chip designer Nvidia.
Lemon8, a social app owned by Chinese tech giant ByteDance, is seeing an increase in popularity in the US at a time when the company’s flagship short video platform TikTok faces a potential ban.
Sept. 16 (UPI) --A three-judge federal appeals court panel will hear ByteDance's fight to continue operating the video social media app TikTok in the United States without selling its assets.
As TikTok heads to court on Monday to argue against a U.S. ban, parent company ByteDance’s newer social app, Lemon8, is once again surging to the top of the App Store in the U.S. The push is due ...
Who really controls TikTok’s magical algorithm — the US-based company that runs the app or its Chinese parent, ByteDance? That’s the question that bedeviled a trio of federal judges on ...
TikTok's parent company ByteDance is eyeing a US$9.5 billion loan from banks, which would mark the biggest dollar-denominated corporate facility in Asia ex-Japan, according to reports. Banking ...
ByteDance Ltd., the Chinese owner of TikTok, is tapping banks for a $9.5 billion loan that would be the biggest dollar-denominated corporate facility in Asia ex-Japan, according to people familiar ...
Sept 2 (Reuters) - TikTok-owner ByteDance is tapping banks for a $9.5 billion loan that would be the biggest dollar-denominated corporate facility in Asia ex-Japan, two sources with knowledge of ...
TikTok and its China-based parent company, ByteDance, are challenging a U.S. law that requires them to break ties or face a ban in the U.S. by mid-January. The legal battle is expected to reach ...
ByteDance’s new loan carries a greenshoe option that allows the size to expand beyond $9.5 billion, the people said, adding that it pays an opening interest margin of 85 basis points over the ...