Short-form video app says it is ‘fortunate’ that Donald Trump has ‘indicated he will work with us on a solution’

ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than $12 billion on AI in 2025, the Financial Times reported on Tuesday, citing sources.

Some users saw the social media app come back online on Sunday, following a shutdown when a federal law went into effect requiring a sale or ban.

TikTok is difficult to value. Keeping those complications in mind, Forbes spoke with at least nine people and came up with these different scenarios.

A growing number of researchers fear that the controversial app is promoting pro-China content and softening attitudes towards the People’s Republic

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 Trump says he “most likely” will give TikTok 90 more days to work out a deal that would allow the popular video-sharing platform to avoid a U.S. ban

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.

TikTok has gone offline in the US after the Supreme Court backed a ban in the States. Lawmakers had told the social media platform’s China-based owner to sell up or move on when Congress passed a law to otherwise ban it last year.

Netflix added a record 19mn subscribers in the fourth quarter, fuelled by live sports. US stocks rallied while currencies swung the day after Donald Trump’s inauguration, and TikTok-owner ByteDance plans to spend $12bn on AI chips in 2025. Plus, Chinese citizens’ doubts grow over the government’s economic growth claims.