The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
Sonja Hutson Good morning from the Financial Times. Today is Wednesday, January 22nd. And this is your FT News Briefing. Netflix just broke a subscriber record. And Wall Street investors are bracing ...
Good morning. Donald Trump had a busy first full day back in the Oval Office, as the US president kicked off massive shifts in the country’s economic infrastructure. Here are the key changes.
Netflix added a record 19mn subscribers in the fourth quarter, fuelled by live sports. US stocks rallied while currencies swung the day after Donald Trump’s inauguration, and TikTok-owner ByteDance ...
TikTok owner ByteDance plans to spend more than $12 billion on artificial intelligence infrastructure this year, betting on ...
ByteDance plans to spend 40 billion yuan ($5.50 billion) to acquire AI chips in China in 2025, the report said, adding that ...
The move comes amid pressure from Washington to sell TikTok in the United States. Read more at straitstimes.com.
ByteDance, TikToks parent company, is reportedly gearing up for a $12 billion investment in artificial intelligence (AI) ...