(Reuters) – TikTok owner ByteDance plans to spend more than $12 billion on artificial intelligence infrastructure this year, betting on the cutting-edge technology for new growth, the Financial Times reported on Tuesday, citing people familiar with the matter. This move comes

Investing.com– Investor sentiment in Asia has dampened as markets seek clarity on Donald Trump’s administration policies and navigate China’s uneven economic recovery, according to Bank of America’s (BofA) latest Asia Fund Manager Survey. Conducted from January 10-16, 2025, the survey gathered

JAKARTA (Reuters) – Indonesia’s antitrust agency on Tuesday ordered Google to pay fines about 202 billion rupiah ($12.37 million) for unfair business practices related to its payment system services for Google Play Store, its software distribution platform. The agency launched an

By Stephen Nellis and Krystal Hu (Reuters) – Microsoft (NASDAQ:MSFT) on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle (NYSE:ORCL) and Japan’s SoftBank (TYO:9984) Group to

By Kaori Kaneko TOKYO (Reuters) – Kyoto-based Mitsufuji got its start nearly 70 years ago as a weaver of decorative belts for kimonos. One day soon, it could be spinning high-tech fibres to shield fighter jets from electromagnetic interference. The company, whose