ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.

Tesla (NASDAQ: TSLA) stock saw significant gains Friday thanks to multiple catalysts. The gains took place in conjunction with a 1% gain for the S&P 500 index and a 1.5% gain for the Nasdaq Composite index.

WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla CEO wanted to do ... it must be sold by its Chinese owner ByteDance on national security grounds, or be ...

Tesla ( TSLA) stock jumped 3% Friday amid speculation that CEO Elon Musk could potentially buy TikTok. The social media platform needs to find an American buyer, or it will effectively face a countrywide ban starting next week — and Musk is reportedly the most likely candidate.

Ford is on the board of directors for ByteDance, Tiktok’s Chinese parent ... Trump said he was open to billionaire Elon Musk, CEO of Tesla and SpaceX, or Larry Ellison, co-founder of the ...

Trump Says He Is Open to Musk Buying TikTok if Tesla CEO Wants to Do So By Steve ... a law that said it must be sold by its Chinese owner ByteDance on national security grounds, or be banned ...

WASHINGTON, Jan 21 (Reuters) - U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla ... Chinese owner ByteDance on national ...

However, Musk may be about to swallow poison. TikTok’s killer app does not have a sleek interface or a catchy name. The secret sauce is its algorithm, which is not for sale. The algorithm directs users who have searched for, say, holidays in Bali to performers showcasing that destination. The algorithm feeds the addiction.

Tesla Inc. disappointed investors on Thursday, reporting sales of 495,570 electric vehicles in the fourth quarter and of 1.789 million for all of 2024, falling slightly short of Wall Street ...

US President Donald Trump on Monday told reporters that Microsoft is conducting discussions to acquire TikTok. While the companies refused to comment on the matter, the President said that he would like to see a bidding war over the social media app.

Microsoft Corp. is in talks to acquire the US arm of ByteDance Ltd.’s TikTok, according to President Donald Trump, who confirmed the discussions Monday night while speaking aboard Air Force One. “I would say yes,

ByteDance, the parent company of TikTok and Douyin, will end the Lunar New Year tradition of giving red packets to employees from 2026, but will expand medical insurance for staff, according to an ...