(Bloomberg/Echo Wong and Min Jeong Lee) — ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into ...
The company has transformed the very nature of social media, and in the process it has mutated as well—from tech unicorn to ...
Musk Richest, Tech Founders Sweep Top Tiers AI boom fuels tech stock surge, boosting billionaire wealth to $11.8 trillion ...
CHINA - The Hurun Rich List 2025 paints a new picture of China's billionaires as wealth soars, tech and AI entrepreneurs rise ...
Tech unicorns valued at $1 billion aren't all that special anymore. The hectocorn, companies valued at $100 billion or more, are the hot new thing. OpenAI, SpaceX, and Anthropic are leading the way ...
ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into e-commerce and new markets. The Beijing-based ...
China's deepening property crisis has crushed household wealth and dented the fortunes of some of its biggest tycoons — but a new class of AI-era billionaires is rising fast. This year, the standout ...
ByteDance is preparing to raise its capex to CNY160 billion (approx. US$22.70 billion) in 2026, allocating over half of this amount, CNY85 billion, towards purchasing artificial intelligence chip ...
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 ...
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 ...