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TIKTOK US JOINT VENTURE PLAN
Verizon join forces to create $4 billion international joint ventureBT and Verizon are merging their international enterprise operations into a new 50:50 joint venture, aiming to serve multinational clients ...- Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO: ReportInvestors have been asked to buy chips with a value three to seven times the worth of their planned subscription in Kunlunxin's initial p...
- The US lags other countries in social media restrictions for kids, but a reform push is growingTwo mothers, Amy Neville and Kristin Bride, are spearheading a movement for stronger online child safety after losing their sons to social ...
- Australia toughens kids' social media ban, doubles potential penalties for tech firmsAustralia is doubling penalties for tech firms failing to enforce its child social media ban, as evidence shows limited impact on teen usag...
- TikTok, YouTube deactivate 4.7 million child accounts in Indonesia following government curbs, minister saysIndonesia has taken significant action regarding child social media engagement, leading to the deactivation of around 4.7 million accounts ...
- ByteDance rolls out paid subscriptions for China's largest AI chatbotChinese tech giant ByteDance has launched paid subscriptions for its popular AI chatbot, Doubao, a move aimed at monetizing its vast user b...
- Qualcomm in talks to provide custom chip-design services to ByteDanceUS chip giant Qualcomm is reportedly in talks with Chinese tech behemoth ByteDance, parent of TikTok, to design custom chips. This move sig...
- South Carolina, New York, Maryland, Utah primary elections results: Polls closed in 4 states, who is winning and who is losingSouth Carolina Attorney General Alan Wilson won a runoff election on Tuesday, swiftly routing the candidate initially endorsed by President...
- Tech, crypto firms to help tackle illegal wildlife tradeAnnouncement made as part of a business forum convened by Prince William and The Royal Foundation's United for Wildlife during London Cli...
- India shows that forcing teens off their phones isn’t always goodThe UK's initiative to restrict social media access for individuals under 16 mimics India's stance, rooted in fears surrounding child well-...
- Abu Dhabi's MGX weighs multi-billion deal for data centre operator DayOneAbu Dhabi's AI investor, MGX, is reportedly exploring the acquisition of Singapore-based data centre operator DayOne, signaling a significa...
- US court rules Ohio can restrict children's use of social mediaAn appeals court has allowed Ohio to enforce a law requiring parental consent for children under 16 to use social media. This decision over...
- Viral video: Fans flocked to Kai Cenat's Streamer University in Atlanta. What happened next shocked many.Kai Cenat's Streamer University auditions in Atlanta were disrupted by a bomb threat and crowd control issues, leading to several arrests. ...
- W marks the X-spot: European social network takes on MuskAs Europe pushes for more tech sovereignty, social network W believes it has the X- it's European. The most popular social networks in Euro...
- ChatGPT’s market share dips below 50%: Key AI trends to knowHit by Google Gemini's continued expansion and Claude's recent growth, ChatGPT's share of the AI assistant market fell below 50% for the fi...
- Chinese social media firm Xiaohongshu taps Goldman, CICC to work on Hong Kong IPOChinese social media platform Xiaohongshu is preparing for a potential Hong Kong initial public offering. Banks including Goldman Sachs and...
- Florida sues TikTok, claiming it violates state child safety lawThe lawsuit seeks a court order directing the platform, which is owned by ByteDance, to make changes to bring it into compliance with the l...
- Sarvam joins unicorn club; Razorpay lines up IPOFresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5.
- British PM expected to impose teen social media ban that goes further than Australia'sBritain's Prime Minister Keir Starmer plans a social media ban for young teenagers. This move aims to shield children from harmful online c...
- 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...
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