The popular video-editing tool had remained dark for much of the day on Monday even after TikTok returned in the wake of expected action from Trump. When the TikTok ban came into force on Sunday, January 19,
A looming ban on TikTok set to take effect on Sunday presents a multibillion-dollar headache for app store operators Apple and Google.
BEIJING (Reuters) -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.
TikTok is no longer available in the United States —at least for now. But it’s not the only ByteDance-owned app that’s currently blocked for US-based users.
President Trump and his administration rumored to be working on a plan to save TIkTok: acquire it from ByteDance with Oracle and other US investors.
TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial intelligence capabilities, Reuters reported today.
ByteDance restored TikTok service in the United States on Sunday night, but major tech companies like Apple and Google have yet to restore downloads of the app. With no way to update TikTok, app rot may soon set in.
TikTok, owned by ByteDance, is on the verge of being banned in the United States. The thing is, the government could go after other ByteDance apps, and there are quite a few of them operating in the U.
Apple Inc. and Oracle Corp. have reacted differently to President Donald Trump’s pledge that the U.S. government won’t enforce a national security law that raised potential penalties for U.S. partners of the popular video app TikTok.
TikTok got a short reprieve to make a deal. Project Stargate, a $500B AI plan from OpenAI, Oracle, and Softbank, pushes Musk, Microsoft, aside. Google buys HTC VR tech.
UI-TARS understands graphical user interfaces (GUIs), applies reasoning and takes autonomous, step-by-step action.