Exclusive: ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.
Apple said apps developed by ByteDance and its subsidiaries would no longer be available for download or updates on the US ...
The Associated Press on MSN15d
ByteDance’s Lemon8 Gains Traction Amid TikTok Ban ThreatLike its popular relation, Lemon8 is owned by China-based ByteDance, whose collection of internationally available apps also includes the video editing app CapCut and the photo and art editing app ...
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