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.

Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be

President Donald Trump set a record on his first day back in office by issuing 26 executive orders, aiming to fulfill many of his campaign promises.

President Donald Trump's flurry of day-one actions included a reprieve for TikTok, the creation of a Department of Government Efficiency (DOGE), an order on social media "censorship," a declaration of an energy emergency, and reversal of a Biden order on artificial intelligence.

But it’s not the only ByteDance-owned app that’s currently ... His journalism has appeared in other publications such as Rest of World, Columbia Journalism Review, and Nikkei Asia.

Douyin, the Chinese equivalent of TikTok, is very different and "much more pro-social," NYU professor Jonathan Haidt told Business Insider in Davos.

This is today's edition of The Download, our weekday newsletter that provides a daily dose of what's going on in the world of technology.

Beijing was steeling itself for a first-week assault from Donald Trump. That hasn’t happened — yet — so Chinese leaders are making nice and hoping to cut a deal.

Chinese video-sharing platform Douyin, which is owned by tech behemoth ByteDance, will build a tertiary hospital in Chaoyang district, Beijing, as part of its broader push to march into the healthcare sector.

Favoring TikTok over national security, releasing rioters, undermining global health efforts — these actions put all of us at risk.

Newsweek is tracking the flurry of executive actions President-elect Trump is expected to sign on Monday. Follow along here.