TikTok parent ByteDance is asking Chinese employees at its Singapore headquarters to pay tax to their home country or risk losing their ability to cash out on stock options, as Beijing steps up enforcement of its global tax scheme.
ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than $12 billion on AI in 2025, the Financial Times reported on Tuesday, citing sources.
NEW YORK – ByteDance is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford.
Unless its owner agrees to sell, TikTok will be banned in the U.S. on Jan. 19. Here's how to download your account if no one buys the app.
TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial intelligence capabilities, Reuters reported today.
Thousands of eBay sellers are taking advantage of that. Listings range from hundreds to thousands of dollars. Even though TikTok is available now, it’s future in the United States is still murky. President Donald Trump signed an executive order delaying the federal ban for 75 days.
Play the USA TODAY Daily Crossword Puzzle. This comes after President Joe Biden signed legislation last year that requires ByteDance, TikTok's parent company, to sell the platform or face a ban.
BYTEDANCE is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford. Read more at The Business Times.
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI models capable of tackling complex problems.
TikTok's influence has been greater than its seemingly short-lived demise. The ByteDance-owned app returns after going dark over the weekend.
Disappointment, denial and confusion flooded US TikTok upon hearing that Chinese owner ByteDance planned to shut off the app by Sunday.