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 ...
TikTok was temporarily shut down in the US, but the services were later restored. However, Apple and Google's app stores have not reinstated TikTok or other ByteDance apps, such as CapCut and Lemon8.