Saturday, April 1, 2023

Sources: ByteDance had revenues of $80B+ in 2022, up 30% YoY, after growing 70% between 2020 and 2021; TikTok represented ~12% of total ByteDance revenue (Juro Osawa/The Information)

Juro Osawa / The Information:
Sources: ByteDance had revenues of $80B+ in 2022, up 30% YoY, after growing 70% between 2020 and 2021; TikTok represented ~12% of total ByteDance revenue  —  ByteDance, the Chinese owner of TikTok, generated more than $80 billion in annual revenue last year, up more than 30% from roughly $60 billion in 2021 …



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Arizona's Maricopa County is set to have the second largest concentration of US data centers by 2028, as the state races to increase electricity production (Pranshu Verma/Washington Post)

Pranshu Verma / Washington Post : Arizona's Maricopa County is set to have the second largest concentration of US data centers by 202...