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Court rules EU must drop strict curbs on Facebook MarketplaceThe appeal before the EU's General Court in Luxembourg regarded the platforms' designation under the Digital Markets Act (DMA), one of seve...
TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest personZhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index...
Democratic senator wants TikTok US JV, Oracle to answer questions on platform safeguardsSenator Ed Markey has sought answers from TikTok's US joint venture and Oracle. The focus is on the security of American user data and prev...
China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...
ByteDance targets 25% rise in AI infrastructure spendingByteDance has significantly increased its AI infrastructure spending by 25% to 200 billion yuan ($29.4 billion) this year, driven by rising...
US nears $400 million settlement with TikTok on child-privacy violations: ABC NewsUS government is close to a $400 million deal with TikTok. This settlement addresses claims of child privacy breaches. The funds are report...
YouTube offers deepfake detection to HollywoodYouTube is now offering Hollywood celebrities and entertainers a free deepfake detection tool to combat AI-driven impersonations. This expa...
Apple’s Tim Cook takes on crucial new role: Global ambassadorTim Cook steps into a new role as executive chairman, dedicating more time to global diplomacy for Apple. He will engage policymakers world...
China’s Netflix expects AI to create bulk of shows in five yearsIQiyi Inc. is set to transform its operations, anticipating AI will generate most films and shows within five years. The company is launchi...
Indian digital ad market likely to double to USD 22 bn by 2030: ReportIndia's digital advertising market is set for significant growth. Projections indicate it will double in five years, reaching up to 22 bill...
From viral videos to AI giant: How ByteDance built a tech empireByteDance is also using the data as the linchpin of a growing business in artificial intelligence. The company has invested billions of dol...
How TikTok's parent, ByteDance, became an AI powerhouseByteDance is also using the data as the linchpin of a growing business in artificial intelligence. The company has invested billions of dol...
ByteDance prefers TikTok shutdown in US if legal options fail: reportByteDance considers shutting down TikTok over U.S. ban legislation, unlikely to sell due to crucial algorithms. China opposes forced sale. ...
China video app Douyin Group CEO resigns to take new role within ByteDanceZhang Nan, who also uses the English first name Kelly, posted on her personal social media account on WeChat that she was resigning from th...
Bytedance says Zhang Nan resigns as Douyin Group's CEOZhang posted on her personal social media account on WeChat that she was resigning from the position, in a move confirmed by ByteDance.
TikTok owner ByteDance 'scraped' content from Instagram, SnapchatByteDance allegedly took videos, usernames, pictures and more from the social media platforms and uploaded them to the app without users' c...
ByteDance-backed music streaming app Resso escapes Chinese app banThe government had banned ByteDance owned viral short-video app TikTok in June following border hostilities with China
ByteDance investors seek to use stakes to finance TikTok bid - SourcesByteDance has been in talks to divest TikTok's North America, Australia and New Zealand operations to potential acquirers, including Micros...
TikTok ramps up recruiting from big tech with Facebook exec hireBytedance has already hired several executives from YouTube, including Vanessa Pappas, a seven-year veteran of the Google video service.
TikTok owner to start music service, secures rights from T-Series, Times MusicPaid music services have boosted music sales across the world, and are now the single largest source of revenue for the global record busin...