BEIJING – ByteDance’s revenue jumped 29 per cent to US$155 billion (S$208 billion) in 2024, after online video phenomenon TikTok drove a worldwide expansion that helped offset an economic ...

TikTok’s parent ByteDance is said to have recorded a 63 per cent surge in overseas sales in 2024, driven primarily by the short-video app’s growth, in a sign that the Chinese social media ...

A set of popular apps helped China’s ByteDance develop a key component of advanced artificial intelligence: information on how a billion people use the internet. By Meaghan Tobin Reporting from ...

ByteDance (BDNCE) has seen a 63% surge in revenue from international operations to $39B in 2024, The Information reported Wednesday, citing a person with knowledge of the company’s financials ...

TikTok parent company ByteDance has a new AI model called InfiniteYou, whose sole purpose is to let users generate photos of themselves starting from a single uploaded photo. It’s not that ...

The plan is to spin off a US entity for TikTok and dilute Chinese ownership to below the 20% threshold required by US law. The fate of the short video app used by nearly half of all Americans has ...

TL;DR: Broadcom's ByteDance AI accelerator project was canceled amid tightened US semiconductor restrictions on China. Broadcom has reportedly seen its huge ByteDance project canceled, after the ...

BANGKOK (Reuters) - ByteDance's TikTok will invest $8.8 billion in data centres in Thailand over five years, Helena Lersch, TikTok's Vice President of Public Policy, said on Friday at an event in ...

ByteDance Ltd., the owner of TikTok, has reportedly seen its valuation climb past $400 billion, driven by major investors like SoftBank Group SFTBF SFTBY, Fidelity, and T. Rowe Price TROW.

(Bloomberg) — As TikTok fights to keep its popular video app available in the US, investors in parent company ByteDance Ltd. are being forced to re-evaluate financial prospects for a business valued ...

The company’s OmniHuman-1 multimodal model can create vivid videos of people speaking, singing, and moving with a quality “significantly outperforming existing audio-conditioned human video ...