Founded by entrepreneur Zhang Yiming in 2012, ByteDance is set to invest 4.5 billion yuan (US$615 million) in a new computing centre in Datong, a city in northern Shanxi province, as part of ...

The Beijing-based company has budgeted Rmb40bn ($5.5bn) to acquire AI chips in China in 2025, said two people familiar with the plans, which would double the amount it spent last year. The group also ...

At another event the next day, Zhong targeted another one of China’s tech companies: ByteDance. Zhong said he’d hoped to get an apology from Zhang Yiming, ByteDance’s founder, for not ...

When Donald Trump was sworn in as the 47th US president on January 20, several tech tycoons were present - from Amazon.com's ...

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up According to the Financial Times, ByteDance is ...

The Information earlier reported ByteDance’s revenue. ByteDance, founded in 2012 by the entrepreneur Zhang Yiming and others, is backed by U.S. investors including Susquehanna Capital ...

Beijing-based ByteDance (BDNCE) is looking to spend ... recent interventions in the U.S. Under the direction of founder Zhang Yiming, it has been doubling down to build out its own AI ...

Kotick previously spoke with ByteDance founder Zhang Yiming about acquiring the platform, The Wall Street Journal reported in 2024. Today, Kotick is the co-chairman of the Call of Duty Endowment ...

ByteDance is a Chinese technology company best known for developing TikTok, a popular video-sharing platform. It was founded in 2012 by two young engineers Zhang Yiming and Liang Rubo with the ...

ByteDance founder and CEO, Zhang Yiming, said in an earlier letter that the staff had been working “endless hours” amid the surrounding “noise.” ByteDance’s cash bonuses, which come as ...

With Trump back in charge, a long list of mooted, familiar buyers is re-emerging. The simplest way to scroll past this glitch ...

ByteDance's global revenue grew to $110 billion (£89 billion) last year, a rise of 30%. ByteDance founder Zhang Yiming, who stepped aside as chief executive in 2021, is China's richest person. Trump ...