(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 ...
Rep. John Moolenaar (R-Mich.), chair of the House Select Committee on China, said Friday that he has requested an “urgent” briefing from the administration over the deal President Trump approved to ...
President Trump said Friday that Chinese President Xi Jinping had approved a deal to keep TikTok running in the U.S. after months of uncertainty about the popular video-sharing app’s future under a ...
TikTok's parent company ByteDance is planning to increase its spending on artificial intelligence (AI) in 2026, with $23 billion in reported capital expenditure. According to The Financial Times, ...
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Congress calls Trump's TikTok plan a good first step, but concerns remain about algorithm control
Congressional leaders see positive first steps in President Donald Trump's TikTok deal, but are withholding full support until questions about control of the important content algorithm owned by China ...
Jeff M. Smith is a research fellow in The Heritage Foundation's Asian Studies Center, focusing on South Asia. It looks as if a deal between the U.S. and China on the ownership of TikTok may be close.
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