News

Seeking Alpha10d
ByteDance's international revenue up 63% last year - report
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 ...
The New York Times10d
How TikTok’s Parent, ByteDance, Became an A.I. Powerhouse
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 ...
SFGate13d
The founder kings of Silicon Valley: Dual-class stock gives US social media company controllers nearly as much power as ByteDance has over TikTok
TikTok’s parent company, ByteDance, is privately held ... wield full control over a major corporation through dual-class stock. The dual-class effect: Meta as a case study In a standard single ...
TweakTown13d
Chinese companies including TikTok owner ByteDance, purchase $16B worth of NVIDIA H20 AI GPUs
TL;DR: Chinese AI companies, including ByteDance, Alibaba, and Tencent, have ordered $16 billion worth of NVIDIA's H20 AI GPUs, despite US sanctions aimed at restricting access to advanced AI chips.