Update: The story was updated with a statement from ByteDance. ByteDance (BDNCE) confirmed it will lay off some employees at ...
This decision comes in the wake of the TikTok Shop and Tokopedia merger, which has left ByteDance’s Indonesian e-commerce ...
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 ...
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 ...
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 ...
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.
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 ...
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.
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 ...
The rise of CapCut and Doubao among the world’s most widely used GenAI apps reflects the tenacity of Beijing-based ByteDance, the world’s largest unicorn, in mobilising resources to quickly ...
I am an author and journalist with a focus on AI and Web3. A customer tries out a VR headset at a ByteDance Pico store in Hangzhou, Zhejiang province, China, ... [+] on May 29, 2023. Two years ...