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Meta bans TikTok ads on its platforms in USMeta has implemented an immediate ban on advertisements from ByteDance across its platforms in multiple countries. This decision affects va...- Tiger Global, Dragoneer in talks to invest in Kalshi's new $1 billion fundraiseThe fresh capital raise is expected to be finalised in the coming weeks and will value Kalshi at about $40 billion, the sources said, reque...
- China weighs allowing ByteDance, Alibaba to buy new Nvidia chips: The InformationChina's Ministry of Industry and Information Technology recently asked companies including ByteDance and Alibaba to report their plans to p...
- TikTok agrees to teen limits in US settlement following MetaA trial had been set to begin Monday in the southern US state over claims by Alabama that TikTok misled parents about tools meant to shield...
- ‘Daily time limits, filter controls, and account privacy’: TikTok agrees to ‘platform-level changes’ for teens, settles lawsuit with Alabama for $100 million days before trialTikTok has agreed to pay Alabama $100 million following claims about its harmful impact on youth mental health. The settlement involves imp...
- First US trial against TikTok to test claims platform fueled teen mental health crisisAn Alabama jury will hear the state's claims that TikTok and its Chinese parent company ByteDance made the platform addictive to young user...
- TikTok founder Zhang Yiming overtakes Gautam Adani as Asia’s richestByteDance founder Zhang Yiming now leads Asia's wealthiest individuals. His fortune has surpassed Gautam Adani's due to the booming artific...
- SoftBank shares slide 13% after AI chiefs sound alarm on safetyThe company plans a ¥1 trillion ($6.5 billion) retail bond issue and a $10 billion loan linked to OpenAI shares as it finances deals such a...
- Portuguese group D3 sues Meta, TikTok and YouTube over addictive designA spokesperson for Alphabet's Google, owner of YouTube, said providing people with "a safer, healthier experience has always been core to o...
- China's AI chipmakers raise prices as high-bandwidth memory shortage bitesHuawei has lifted the indicated price of its Ascend 950DT accelerator card, which integrates an AI processor with memory and other componen...
- China's DeepSeek taps CITIC Securities for domestic IPODeepSeek's engagement of CITIC, which has not been reported so far, is an indication that the startup is moving along in its IPO plan. Comp...
- China’s AI capex jumps 105% YoY, but Jefferies says US cloud giants face greater risksChinese tech giants sharply increased AI capital expenditure in Q2 2026, driven by inference demand and chip availability. However, Jefferi...
- ByteDance secures $29.6 billion loan in AI push, sources sayByteDance secured a massive $29.6 billion loan from nearly thirty banks. Chinese banks provided over sixty percent of this significant loan...
- Meta reaches $16.68 billion settlement over social media harms to childrenThe deal was reached during a California federal court trial over claims brought by 29 states, averting one of the highest-profile tests ye...
- Brazil fines TikTok $30 million in 'powerful signal' over child safetyBrazil's data protection agency on Tuesday fined TikTok nearly $30 million for failing to implement child safety measures in what it said w...
- Brazil fines TikTok owner ByteDance for unlawful processing of teenagers' dataANPD said that the local unit of China's ByteDance had processed personal data of teenagers aged 13 to 18 without a valid legal basis. The ...
- Facebook, TikTok promoted Colombian armed groups' content to recruit children: NGOHuman Rights Watch (HRW) said the circulation of social media content by armed groups "glorifies life in armed group ranks" and promotes "d...
- TikTok agrees to $400 million US children's privacy settlementThe Justice Department sued TikTok and ByteDance in 2024 for allegedly failing to protect children's privacy, and illegally collecting thei...
- Nvidia H200 chips reach China in small shipments: FTByteDance and Tencent have each received about 10,000 H200 processors in recent weeks, while a few other Chinese technology firms could soo...
- ByteDance signs AI copyright pact with Hollywood trade groupThe deal, which covers ByteDance's Seedance video and Seedream image-generation models, follows a cease-and-desist letter the MPA sent in ...
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