ByteDance is building a ~$39B data center complex with a 1GW capacity in a free-trade zone in Brazil's Ceará, set to be its largest facility outside of China
The TikTok creator's $39 billion data center is the latest payoff from Lula's courtship of Chinese investment.
Sources: TikTok is cutting music label-facing jobs to focus on its music distribution arm SoundOn and other projects that connect it more directly with artists
Music has been core to TikTok's identity since its inception. What started as a lipsyncing app called Musical.ly morphed …
Sources: the Trump administration is set to receive a ~$10B fee from investors in TikTok's US business for the government's role in brokering the TikTok US deal
Investors in social-media platform's U.S. business, including Oracle and Silver Lake, agreed to give the government several multibillion-dollar payments, sources say
Sources: the Trump administration is set to receive a ~$10B fee from investors in TikTok's US business for the government's role in brokering the TikTok US deal
Investors in social-media platform's U.S. business, including Oracle and Silver Lake, agreed to give the government several multibillion-dollar payments, sources say
Sources: ByteDance is working with Aolani Cloud to deploy ~500 Nvidia Blackwell systems in Malaysia, totaling ~36,000 B200 chips; the hardware could cost $2.5B+
TikTok parent, pushing global expansion, plans to tap Blackwell processors that are barred for export to China
Memo: TikTok CEO Shou Chew hailed the establishment of the TikTok USDS JV as “great news”, and said the app is used by 200M US users and 7.5M US businesses
- TikTok has finalized a deal to keep its business operating in the US. — The deal, a US joint venture …
Memo: TikTok CEO Shou Chew hailed the establishment of the TikTok USDS JV as “great news”, and said the app is used by 200M US users and 7.5M US businesses
- TikTok has finalized a deal to keep its business operating in the US. — The deal, a US joint venture …