Searched for
TENCENT ALIBABA BYTEDANCE
DeepSeek slated to draw $7 billion in maiden fundraising, sources sayThe fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and...- Korean chipmakers face critical trade-offs over China exports post Trump-Xi talksKorea's chip industry faces a dilemma as US-China talks on tech exports and rare earths unfold. While potential sales in China beckon, manu...
- US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthroughDespite US approval for around 10 Chinese firms to buy Nvidia's H200 AI chips, no deliveries have occurred. CEO Jensen Huang's China trip, ...
- Tencent revenue and profit miss on higher AI investmentTencent Holdings announced first-quarter results below market expectations. Revenue and net profit missed forecasts. Gaming revenue saw gro...
- 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...
- DeepSeek could be valued at up to $50 billion in first fundraising: SourcesChinese AI firm DeepSeek is seeking a massive valuation of up to fifty billion dollars in its first funding drive. The company aims to rais...
- Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launchAmidst the growing competition in artificial intelligence, Chinese tech behemoths are racing to secure Huawei's Ascend 950 AI chips. The ur...
- 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...
- ByteDance rolls out AI voice assistant for Chinese smartphonesByteDance is rolling out a new AI voice assistant, powered by its Doubao model, starting with ZTE’s Nubia M153 smartphone. The tool handles...
- ByteDance profits jump 60%, beating tech rivals: reportThe profits of TikTok owner ByteDance jumped around 60 percent in 2023, Bloomberg reported Wednesday citing sources, beating online rivals ...
- TikTok owner ByteDance's profit jumps 60% in 2023 amid worries of US banByteDance Ltd. witnessed a remarkable 60% surge in profits in 2023, surpassing industry giants Tencent Holdings Ltd. and Alibaba Group Hold...
- TikTok owner ByteDance's revenue growth slowed to 70% in 2021Chinese tech giants from Tencent to Alibaba have reported slowing growth amid a wide-ranging crackdown by the country's regulators who have...
- In fresh regulatory move, China tells tech giants to stop blocking rivals' linksThe comments, made by the Ministry of Industry and Information Technology, mark the latest step in Beijing's regulatory crackdown that has ...
- ByteDance says it will downsize fintech business, plans to sell stock broker opsByteDance also operates Douyin Pay, its own third-party mobile payment, to facilitate users on e-commerce transactions on short video app D...
- ByteDance launches Volcano Engine brand to offer TikTok 'secret' to businessesThe algorithm is considered the "secret sauce" behind short-video app TikTok's global success and was one of the focal points when China's ...
- Tencent's quarterly revenue jumps 26%, helped by online gamesProfit rose 175% in the same period to 59.3 billion yuan, largely thanks to fair-value gains in companies Tencent has invested in, and sale...
- Tencent bolsters defenses for core businesses as ByteDance muscles into its turfTikTok owner Bytedance has made sizeable inroads into business areas Tencent holds dear - including ads, gaming, livestreaming, social medi...
- TikTok’s former chief to oversee investment at ByteDanceA former SAP SE employee researching education software, Alex Zhu co-founded the lip-syncing app Musical.ly in 2014, which was later acquir...
- TikTok's parent, ByteDance, launches global hiring spree with 10,000 new jobsLike rival Tencent Holdings Ltd, ByteDance’s social media channels have seen usage spike after the Covid-19 pandemic confined millions of p...
- Baidu CEO is talent shopping in IndiaBaidu is trying hard to diversify into AI tech from its Chinese-language search engine, as it falls behind the other two in the global tech...
Load More
