BEIJING (Reuters) - 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.

"You're ignoring the major concern here" of China manipulating content through TikTok's industry-envied algorithm and harvesting user data, Chief Justice John Roberts tells TikTok lawyer, Trump's former solicitor general.

ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.

President Donald Trump's inauguration was packed with the ultra-rich, some seated closer to the incoming president than his incoming cabinet. The personal net worth of just three of these people combined (Mark Zuckerberg,

WASHINGTON - US tech multi-billionaires – including Mr Elon Musk, Mr Mark Zuckerberg and Mr Jeff Bezos – were given prime positions at Mr Donald Trump’s inauguration on Jan 20, in an unprecedented demonstration of their power and influence.

US tech multibillionaires — including Elon Musk, Mark Zuckerberg, and Jeff Bezos — were given prime positions at Donald Trump's inauguration on Monday, in an unprecedented demonstration of their power and influence in the White House.

TikTok CEO Shou Chew is expected to accept an invitation from President-elect Donald Trump to attend his inauguration.

Many MAGA fans at the U.S. Capitol on Monday were skeptical of Meta CEO Mark Zuckerberg and Amazon's Jeff Bezos suddenly backing Trump.

The biggest tech leaders of Silicon Valley got a front-row seat at President Donald Trump’s inauguration on Monday. There has been a sudden support this administration has

Steve Bannon, who has many axes to grind, said Sunday on ABC’s This Week that it’s wrong to think of the tech billionaires as oligarchs running the country. Instead, they are “supplicants”: “President Trump broke the oligarchs, he broke them and they surrendered,” Bannon said.

Tech leaders should have a visible presence at Trump’s inauguration, with Jeff Bezos, Elon Musk, Mark Zuckerberg, Tim Cook, Shou Zi Chew, Sundar Pichai, and Sam Altman all reported to be present. Musk is also scheduled to speak at a pre-inauguration rally, and Zuckerberg will reportedly host a black-tie event on Inauguration Day.