ByteDance Plans $23B AI Spending to Match US Rivals
📋 Key Facts ✓ ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. ✓ The expenditure aims to build AI inf...
Dec 23Financial TimesTechnology
📋 Key Facts ✓ ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. ✓ The expenditure aims to build AI inf...
📋 Key Facts ✓ Arthur Hayes is the co-founder of BitMex. ✓ He thinks Bitcoin will range until the end of the year. ✓ ...
A New York assemblyman reintroduced a bill that would restrict prediction markets, barring bets on individual sports matches, war, and more....
SOFAZ is diversifying its sovereign wealth portfolio beyond oil and gas, investing in renewables, infrastructure and digital assets to manage risk and support long-term financial stability....
Entrepreneurs seek to steal march on bigger rivals that are still weighing risks of re-entering country...
Article URL: https://economictimes.indiatimes.com/magazines/panache/no-shares-in-company-but-550-employees-received-a-240-million-gift-from-their-owner-for-staying-with-him-through-tough-times/article...
📋 Key Facts ✓ Triton Partners transferred assets into a continuation fund. ✓ The firm sold these assets for more than the projected wor...
📋 Key Facts ✓ Tory Bruno has abruptly resigned as CEO of United Launch Alliance. ✓ He served in the role for 12 years. ...
: Plexi Images/GHI/UCG/Universal Images Group via Getty Images New York City's Significant Industry report lists the top 10 most common finance jobs. The report also listed the projected growth rates ...
China’s consumer prices stayed unchanged from the previous year in 2025 while factory-gate prices fell by 2.6 per cent, suggesting lingering deflationary pressures and underscoring the need for furthe...
Thailand is one of the countries with an expected tourist tax increase in 2026. Planet One Images/Universal Images Group via Getty Images Several destinations plan to raise or introduce tourism taxes ...
Charles Myers, chairman of Signum Global Advisors, told Business Insider that foreign investment in oil, tourism, and construction will be the "centerpiece" of Venezuela's recovery over the co...
Amazon is pushing forward with its own brand of chips called Trainium. Noah Berger/Getty Images for Amazon Web Services Amazon says that some employees stranded in India due to visa delays can work re...
Crumpled up losing lottery tickets sit in a wastebasket at a liquor store in California. The Powerball jackpot has surpassed $1 billion. The next drawing is on Monday. Juliana Yamada/Los Angeles Times...
Warren Buffett, the CEO of Berkshire Hathaway. Nati Harnik/AP Warren Buffett rocked the business world in 2025 by announcing he would step down as CEO. The Berkshire Hathaway boss penned two of his fa...
Delivering food or driving passengers for Uber isn't the only type of gig work anymore. PIROSCHKA VAN DE WOUW/REUTERS Gig work has never been more widespread — and more challenging. Over the pas...
OpenAI lost at least 11 scientists and executives in 2025, including more than half a dozen researchers to Meta in the summer. REUTERS/Shelby Tauber/Pool OpenAI lost more than half a dozen researchers...
Smartphone prices are expected to increase in 2026 due to RAM shortage caused by AI boom. PixelsEffect/Getty Images Smartphone prices may rise in 2026 due to increased demand for RAM in AI data center...
Media giants are trying to solve their engagement issues as free streamers like YouTube take viewers. John Wilson/Netflix Audiences have increasingly shifted toward free streaming services like YouTub...
Box CEO Aaron Levie says that as AI makes expert knowledge universal, companies will win or lose based on how well they manage and deploy context. Justin Sullivan/Getty Images Box CEO Aaron Levie says...