Short-form video app says it is ‘fortunate’ that Donald Trump has ‘indicated he will work with us on a solution’
AI, TikTok and ByteDance
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TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
TikTok parent ByteDance sets aside $12B to spend on AI chips this year - FT
Beijing-based ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget of RMB 40B ($5.5B) to acquire AI chips in China this year, the Financial Times reported Tuesday,
Is TikTok’s Parent Company Buying $12B Worth of AI Chips?
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Elon Musk complains about China ban on X as Donald Trump prepares TikTok reprieve
Tiktok’s possible buyers, from Elon Musk to MrBeast
TIKTOK’S Chinese parent company has just over two months to find a buyer for the app’s US business or face a nationwide ban, after getting a time extension from President Donald Trump. There is already competition to own it.
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Trump Says He Is Open to Musk Buying TikTok if Tesla CEO Wants to Do So
A growing number of researchers fear that the controversial app is promoting pro-China content and softening attitudes towards the People’s Republic
President Donald Trump said tariffs on China could depend on whether there’s a deal for TikTok. He signed an executive order allowing the popular video app to continue to run in the U.S. for 75 more days.
Shortly after taking office Monday, the president issued the order to delay the app’s ban for 75 days. The law went into effect on Sunday.
If it feels like TikTok has been around forever, that’s probably because it has, at least if you’re measuring via internet time
President-elect Donald J. Trump’s idea, a 50-50 “joint venture” between the existing Chinese owner and some kind of American entity, was more politics than substance.
WASHINGTON (Reuters) -TikTok plans to shut U.S. operations of its social media app on Sunday when a federal ban is set to take effect, barring a last-minute reprieve, people familiar with the matter said.
Meta’s Instagram and Google’s YouTube are getting ready to welcome TikTok users, as the Supreme Court upheld a law that effectively bans the Chinese-owned app from the United States.
The billionaire behind Tesla has significant business interests in China and has previously described himself as “kind of pro-China”. He could be at odds with a number of China hawks in the second Trump administration, and may even be labelled a national security risk due to his connections to the second-largest economy in the world.
TikTok’s owners are in a race against the clock. A law will likely take effect on Sunday that requires TikTok’s US operations to be sold or it’ll be outlawed in the country. The Chinese government is considering whether Elon Musk could broker a sale. I’m joined now by the FT’s Joe Miller to unpack all this. Hi, Joe.
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