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TIKTOK PARENT BYTEDANCE
What's the latest in the trials over claims social media is hurting children?The social media companies have denied allegations that their products have contributed to depression, anxiety, body-image issues and a bro...- Meta, 29 states head to court in biggest test yet of youth social media litigationThe trial in Oakland, expected to last seven weeks, will test Colorado, Kentucky, California and New Jersey's allegations that Meta designe...
- Meta, YouTube, TikTok face thousands of lawsuits in the US over kids’ mental health: What we knowMajor social media firms face thousands of lawsuits across the United States. These legal actions allege platforms are designed to addict y...
- After 250 layoffs and a Nashville office shutdown, TikTok makes another big move US employees didn’t expect and it’s the same one Instagram and Amazon madeAfter laying off 250 employees and announcing the closure of its Nashville office, TikTok is making another major move affecting US staffer...
- Chinese users of AI companions bereft after government tightens regulationsChina has a tradition of paternalistic government regulations meant to pre-empt potential problems, said Yolanda Ma, an expert on AI govern...
- US court rules Meta, other tech firms must face thousands of lawsuits over social media addictionThe San Francisco-based 9th U.S. Circuit Court of Appeals rejected an appeal by Meta and TikTok seeking to overturn a lower court ruling re...
- US appeals court allows thousands of lawsuits against social media companies over user addiction claims to proceedAn appeals court permitted thousands of lawsuits against social media firms to advance. These suits allege companies designed products to a...
- Global Market: SoftBank's AI strategy stays on course despite flat OpenAI valuation in Q1SoftBank reported an 18% decline in first-quarter net profit, though earnings exceeded expectations as strong gains from Intel and ByteDanc...
- To IPO, or to IPOstpone? : What Zepto’s IPO pullback tells a bigger story about business and timing.The speed with which Zepto has ramped its national footprint is mindboggling. But with mounting losses, half-baked business plans, the spe...
- Elon Musk's biggest population warning just got a surprising response from ChinaChina introduced strict rules for AI chatbots, preventing emotional dependence. These regulations aim to protect users and encourage real-w...
- Meta says US states are seeking $1.4 trillion in penalties in August youth safety trialMeta put forward the figure in its response to the attorneys general's filings on how penalties should be calculated if the states prevaile...
- 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...
- 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...
- 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-...
- How TikTok grew from a fun app for teens into a potential national security threatTikTok, a global social video app owned by China-based ByteDance, faces a potential ban in the US unless sold to a US owner. Concerns about...
- 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...
- TikTok, Justice Department face off in court over potential US banA three-judge panel of the U.S. Court of Appeals for the District of Columbia will hold oral arguments on a legal challenge filed by TikTok...
- 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. ...
- Tik Tok ban in US: When will the video sharing app stop working for you?The TikTok ban bill has been proposed amid concerns that ByteDance, the parent company of TikTok, could potentially grant the Chinese gover...
- 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...
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