CEO Mark Zuckerberg recently put the Magnificent Seven company back in the spotlight. He announced a new top-level initiative ...
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PIF shifting $12bn gaming portfolio to Savvy

Saudi Arabia’s Public Investment Fund (PIF) is reportedly transferring $12 billion of gaming company shares to its subsidiary ...
China’s rapid economic development has produced some truly inspiring CEOs over the past decade, and Chinese companies are now ...
TikTok was picked by FIFA as the first “preferred platform” for video content on social media at a men’s World Cup, the ...
TikTok’s parent company ByteDance Ltd. has revealed plans to jack up its already heavy spending on artificial intelligence infrastructure next year as it races to catch up with U.S. technology giants, ...
ByteDance, the Chinese parent company of TikTok, is reportedly set to ramp up its investment in artificial intelligence (AI) to the tune of $23 billion next year amid a broader strategy to keep up ...
TikTok's parent company, ByteDance (BDNCE) has preliminary plans to allocate about 160 billion yuan (~$22.77 billion) in capital expenditure for 2026, primarily targeting AI infrastructure development ...
ByteDance, TikTok's Chinese parent company, has signed a deal to sell its U.S. operations to a group of investors, including two American companies. Alexandra Levine, tech reporter for Bloomberg News, ...
WASHINGTON, DC - MARCH 23: TikTok CEO Shou Zi Chew testifies before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill on March 23, 2023 in Washington, DC. On ...
After a year of stalled negotiations, TikTok owner ByteDance has reportedly agreed to Donald Trump’s deal giving US owners majority ownership of the app. By signing the agreements, ByteDance has ended ...
TikTok’s parent company ByteDance has reportedly reached a binding agreement to restructure the ownership of TikTok’s U.S. operations, marking a major step toward resolving long-standing national ...