23:57
Trump extends TikTok sale deadline
President Trump has extended ByteDance’s deadline to sell TikTok by 75 days, as talks continue to prevent the app’s shutdown in the U.S.
TikTok to invest $8.8 Billion in thailand data centres over five years
Reuters
ByteDance’s TikTok announced a major investment plan during an event in Bangkok on Friday, revealing that the popular social media platform will invest $8.8 billion in data centres across Thailand over the next five years.
Helena Lersch, TikTok’s Vice President of Public Policy, detailed the ambitious initiative aimed at enhancing the platform’s regional infrastructure and supporting Thailand’s digital economy.
It remains unclear whether this $8.8 billion investment includes the separate $3.8 billion agreement that Thailand’s investment board announced last month. Officials have yet to confirm any linkage between the two deals.
This substantial investment underscores TikTok’s commitment to expanding its technological footprint in Southeast Asia as the company seeks to bolster its data processing capabilities and ensure compliance with local data protection regulations.
As Thailand continues to position itself as a regional digital hub, TikTok’s planned investment is expected to create new opportunities for collaboration between the tech giant and local stakeholders, further integrating Thailand into the global digital ecosystem.
18:05
Vance denies Musk departure, discusses TikTok's future in the US
US Vice President JD Vance denied reports of Elon Musk leaving his government role, confirming he’ll remain an advisor. Vance also touched on efforts to cut government spending and the upcoming decision on TikTok’s future in the US.
10:31
Trump says TikTok sale deal to come before Saturday deadline
President Donald Trump said a deal with TikTok's Chinese parent ByteDance to sell the short video app used by 170 million Americans would be struck before a deadline on Saturday.
00:38
Trump May Cut China Tariffs to Aid TikTok Deal
U.S. President Trump says he could reduce tariffs and extend a deadline to support the sale of TikTok to a non-Chinese buyer.
15:00
Zhang Yiming
The owner of TikTok becomes China’s wealthiest individual
Zhang Yiming, the founder of Bytedance and owner of TikTok, has become China’s richest person, according to multiple wealth rankings. Bloomberg Billionaires Index places him as the world’s 24th wealthiest individual, with his fortune estimated between $57.5 billion and $65.5 billion.
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