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...
09 May, 2026, 08.13 AM IST
China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
29 Apr, 2026, 11.05 AM IST
ByteDance suspends launch of video AI model after copyright disputes: ReportByteDance has put on hold the global launch of its latest video-generation model, Seedance 2.0, after a series of copyright disputes wit...
14 Mar, 2026, 11.45 PM IST
China's ByteDance gets access to top Nvidia AI chips, WSJ reportsByteDance is working with Southeast Asian firm Aolani Cloud to deploy about 500 Nvidia Blackwell computing systems in Malaysia, totalling...
13 Mar, 2026, 08.13 PM IST
TikTok parent ByteDance's valuation hits $300 billion, sources sayAfter proposing a share buyback program at $180.70 per share, ByteDance, parent company of TikTok has been valuing itself at $300 billion, ...
17 Nov, 2024, 01.10 PM IST
TikTok parent ByteDance's valuation hits $300 billion amid US ban uncertainty: reportByteDance investors have viewed President-elect Donald Trump's return to the White House as an overall positive for TikTok's hopes in the U...
16 Nov, 2024, 11.25 PM IST
ByteDance plans new AI model trained with Huawei chipsByteDance, TikTok's parent company, plans to develop an AI model using Huawei chips due to U.S. export restrictions on advanced AI chips. B...
30 Sep, 2024, 11.40 AM IST
TikTok preparing a US copy of the app's core algorithmTikTok is developing a clone of its recommendation algorithm for its U.S. users to operate independently from its Chinese parent, ByteDance...
31 May, 2024, 07.06 AM IST
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. ...
26 Apr, 2024, 09.46 AM IST
OpenAI suspends ByteDance’s account over ‘secretly using’ its AI techAccording to a report, internal ByteDance documents confirmed the "OpenAI API has been relied on to develop its foundational LLM". It was c...
16 Dec, 2023, 01.27 PM IST
ByteDance shuts game development studio, lays off over 100ByteDance's gaming studio had around 300 employees and according to the report, some of them have been transferred to other verticals withi...
18 Jun, 2022, 06.08 PM IST
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...
05 Apr, 2022, 10.48 AM IST
ByteDance founder Zhang Yiming steps down as chairmanByteDance New CEO Liang Rubo, who announced a major organisational restructuring at the TikTok parent, will take on the role of chairman fr...
03 Nov, 2021, 10.02 AM IST
ByteDance to reorganize, CFO steps down to focus on TikTokThe move comes after ByteDance shelved its plan to go public in April and said it had no imminent plans for an initial public offering. It ...
02 Nov, 2021, 10.23 AM IST
No immediate relief to ByteDance on plea to lift bank account freezeIndian authorities had blocked ByteDance India’s accounts at Citibank and HSBC over alleged evasion of taxes related to its online advertis...
31 Mar, 2021, 08.05 PM IST
ByteDance explores sale of Indian TikTok assets to rival firm Glance: ReportGlance's parent, mobile advertising technology firm InMobi, also owns short-video app Roposo that has gained in popularity after TikTok was...
13 Feb, 2021, 03.46 PM IST
Former Disney executive Kevin Mayer named TikTok bossFormer Disney executive Kevin Mayer will become the head of TikTok and chief operating officer of the popular video app's parent company, t...
19 May, 2020, 09.35 AM IST