ByteDance is reportedly preparing to invest about CNY100 billion (US$14.3 billion) in AI chips in 2026, primarily purchasing ...

ByteDance has announced plans to buy $14 billion worth of Nvidia H200 chips in 2026 as its computing needs across its apps ...

ByteDance is planning to procure a mix of Nvidia H200 accelerators and Huawei Technologies Ascend chips to meet its growing ...

ByteDance, the parent company of TikTok, has taken a significant step to prevent the popular social media platform from being banned in the United States. The company has finalized binding agreements ...

ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into e-commerce and new markets.

TikTok's Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app's U.S. operations to a group of investors, including Oracle, in a big step toward ...

After a year of stalled negotiations, TikTok owner ByteDance has reportedly agreed to Donald Trump’s deal giving US owners majority ownership of the app. By signing the agreements, ByteDance has ended ...

Richard Escobedo covers economic policy at CBS News and is a coordinating producer at Face the Nation with Margaret Brennan. He joined CBS in 2018 and is a graduate of Texas Christian University in ...

TikTok’s Chinese owner, ByteDance, signed binding agreements with three major investors to sell just over 80% of the company’s US assets to American and global investors to avoid a US government ban, ...

TikTok CEO Shou Chew told employees of the social media app Thursday that its owner, China’s ByteDance, has signed binding agreements to create a joint venture for the app in the United States, as ...